Entrepreneurship

Incubating Innovation
Empowering People

Efficient Investment
 BUSINESS
INCUBATION
CENTRE
 What are Business Incubators
• Incubation is a dynamic process of
business development.
• Incubators nurture young firms, helping
them to survive in their early stage.
• Incubators provide:
– Infrastructural support i.e. office space, meeting
room
– Platform to do networking
– Management assistance
– Other support services, specific to incubators
FOR ENTREPRENEURS
FOR GOVT.
Main Activities of BIC
–Incubate early stage entrepreneurial
ventures based on technology and
innovation.
–Create physical infrastructure and
support systems necessary for business
incubation activities.
–Facilitate networking with professional
resources, which include mentors,
experts, consultants and advisors for
the incubate companies.
–Identify technologies/innovations which
have potential for commercial ventures
Create .
–Promote and foster the spirit of
entrepreneurship.
–Carry out activities that facilitate
knowledge creation, innovation and
entrepreneurship activities.
 Features
 Flexible space for office, meetings, events
 Inspired by ‘Co working spaces’ / ‘Multi-tenant non-
profit centers' i.e. share space, resources
 Flexible tenancy & payment: by hr, day, mth
 Positive filter on the organizations who can work
there i.e. ethical, creative
 Meeting place for people, network, support, tools
and inspiration
 Sound business model – not ‘dependent’ charity
Don’t Compare
Other People
 We need new models that
blend social and environmental
value with economic viability.
The system is broken.
Together we can build a better
alternative. When faced with a
task of this magnitude,
 STARTUPS
The Centre for Social Innovation is a
dynamic space in Kerala. Our mission is
to spark and support new ideas that are
tackling the social, environmental,
economic and cultural challenges we face
today. We’re creating the spaces that
social innovation needs to thrive and
we’re contributing a few of our own ideas
along the way!
ENTREPRENEURS ARE
EVERYWHERE

You don't have to work in a

garage to be in a startup.
 ENTREPRENEURSHIP
IS MANAGEMENT

A startup is an institution, not just a

product, so it requires
management, a new kind of
management specifically geared to
its context
 VALIDATED LEARNING

Startups exist not to make stuff, make

money, or serve customers. They exist
to learn how to build a sustainable
business. This learning can be
validated scientifically, by running
experiments that allow us to test each
element of our vision
 INNOVATION ACCOUNTING

To improve entrepreneurial outcomes,

and to hold entrepreneurs
accountable, we need to focus on the
boring stuff: how to measure progress,
how to setup milestones, how to
prioritize work. This requires a new
kind of accounting, specific to
startups.
 BUILD – MEASURE - LEARN

He fundamental activity of a startup is

to turn ideas into products, measure
how customers respond, and then learn
whether to pivot or persevere. All
successful startup processes should be
geared to accelerate that feedback loop.
1.The Startup Village
2.Technopark TBI
3.TBI, NIT Calicut
4.BIC, TEAMS IT Park