Incubation introduction

Introduction

SIIC offers a whole gamut of incubation facilities and services to prospective entrepreneurs and entrepreneurs to convert their innovative ideas into commercially viable products. SIIC incubates ventures in technology, engineering and other interdisciplinary areas. Regular events like entrepreneurial talk series, workshops and seminars have offered SIIC a good interface and visibility in the region.

SIIC can incubate on an average 33 companies. Since its inception, it has incubated and mentored 53 companies of which 26 have already graduated.

Current Companies:
Non IITK - 6
Faculty Companies - 6
IITK Alumni -15

Graduated Companies:
Non IITK - 5
Faculty Companies - 1
IITK Alumni - 20

The centre is  managed by trained and expert staff to support the incubated companies. The experts in specific domain are   retained as consultant / advisors to help the companies on specific topics. The centre invites business proposals from companies which are  evaluated by an evaluation committee comprising of experts drawn from various fields including technology and finance. Once approved by the evaluation committee the company is  offered incubation and  enters into an incubation agreement with the institute.

 

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