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Startup Studio

The number of new recognised starups in India have increased to over 14,000 in 2021-22 from only 733 in 2016-17.  While the number of startups have greatly increased, only a small fraction succeeds to design a scalable and sustainable business, or socially impactful institution.  Startup journeys are charecterized by infant mortality—most innovators fail to develop a thriving business.  These innovators face extreme challenges transitioning from their idea to a commercially viable product.    The purpose of IIITB-IC is to support innovators on their way to building thriving enterprises in the earliest and hardest part of the journey—we call it pre-incubation and incubation.  Our vision is to contribute to India’s economic development and social wellbeing by improving the survival and growth of new tech ventures.

Membership in IIITB Innovation Centre

Current Areas of interest

Sectors

Education

Medical/Healthcare

Civic-tech/Gov-tech

Smart city

Accessibility

Emerging Technologies

Cognitive computing

Data science

Nextgen wireless

Robotics, drones, devices

Web3

Our Offerings

Access to faculty and industry mentors

Access to IIITB students, and researchers

A well-connected community of early adopters

Co-Creation Opportunities

Access to grants and private investments

Structured incubation process

Plug-and-play office and virtual incubation

We support early ventures through the following stages

Idea-to-PoC

An innovation process helps you filter from different ideas to a concept note to a proof-of-concept (PoC) / working prototype.

PoC-to-Product

Help to move from the working prototype to developing a product ready to engage and mature with early customers.

Product-to-Business

Developing a sustainable business model and maturing the product for commercial adoption by a larger customer base, preparing to scale up.

Membership in IIITB Innovation Centre

For further queries, Contact IIITB Office of Research and Innovation (ORI) : innovate@iiitb.ac.in

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