IIT-B Program to help colleges to incubate start-up culture

IIT-B Program to help colleges to incubate start-up culture

Indian Institute of Bombay, which has an experience of nurturing more than 100 entrepreneurs in the area of technology, has recently come-up with a program with the aim of helping technical institutes in cultivating start-up Eco-system. With around 30 successful graduate start-ups to its credit, the institute's Society for Innovation and Entrepreneurship (SINE) is starting a program which will help engineering colleges to promote the system of startups.In the new program, 30 engineering colleges participated from across the country at IIT-B where they attended a four day course on innovation, entrepreneurship and incubation. After the program, an engineering college in Assam is almost ready to start its own incubation center. “While most colleges have the intent to establish an incubation center, they don’t know how to go about it. On the other hand, those who have incubation centers are not able to make good use of it. The course helps bridge these gaps,” said Milind Atrey, the professor in-charge for SINE. “While most colleges have the intent to establish an incubation center, they don’t know how to go about it. On the other hand, those who have incubation centers are not able to make good use of it. The course helps bridge these gaps,” said Milind Atrey, the professor in-charge for SINE. SINE was established in 2004 and since then it has not only helped in incubating 103 startups but it also provided physical support and needed infrastructure. "This is the first time SINE is sharing its leanings and experiences for the benefit of other institutions" said Atrey.The course covered sessions on intellectual property, social entrepreneurship and technology trends. A special session on government schemes which are for promoting the entrepreneurship was also the part of course.

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