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Business incubation is a popular tool in entrepreneurship development, but while it may be easy to set up the physical facility, effective incubation is extremely difficult to implement. Business incubator programs are designed to help accelerate the development of entrepreneurial companies by providing entrepreneurs not only with the facilities, but also with the expertise, networks and tools they need to make their ventures successful. Tools for Successful Business Incubation will help faculty understand the requirements of a successful business incubator program, and equip them to bring the right resources to bear. The course covers the most common needs of start-up entrepreneurial firms, the barriers they face and how business incubators can promote their development.
Graduates of Tools for Successful Business Incubation gain a solid understanding of the role of business incubators in promoting entrepreneurship on campus, and in creating and supporting new businesses. Participants emerge able to work on the following:
- Understanding basic requirements, policies and processes for Business Incubators
- Selecting incubates
- Developing the critical support programs and services for incubates
- Raising financial and technical support for running Business Incubators
- Learning from successes and challenges of those currently running incubation centers
BV Phani
Associate Professor of Finance and Entrepreneurship and Coordinator, SIDBI Innovation & Incubation Centre at Indian Institute of Technology, Kanpur
Prof. BV Phani holds a PhD from IIM Calcutta in Finance and an undergraduate degree in mechanical engineering. He is currently a faculty at IIT Kanpur and also heads the institute’s SIDBI Innovation and Incubation Centre. The centre focuses on technology-based ideas and currently supports over 18 startups, employing over a 100 people. Having been an entrepreneur himself, Prof. Phani has a strong interest in mentoring entrepreneurial firms and serves on the board of a few. He is actively involved in NEN’s activities and in promoting entrepreneurship in the Indian subcontinent. Dr. Phani is also involved in Intellectual Property Management and spearheads the patenting and technology transfer activity at IIT Kanpur.
Poyni Bhatt
Chief Administrative Officer of SINE (Society for Innovation and Entrepreneurship), IIT Bombay
Prof. Poyni Bhatt has been the Chief Administrative Officer, Society for Innovation and Entrepreneurship (SINE), at IIT Bombay, since January 2004. One of the most successful Business Incubators in the country, SINE has so far supported over 30 high-technology startups on its campus. Prof. Bhatt worked on the formation of SINE, and has implemented its incubation program. Poyni has over 19 years of experience in operations, legal, finance and policy matters in industry and academia. Prior to SINE, she held senior management positions for over a decade in ICICI Securities in Mumbai, and Ashima Group, a textile conglomerate based in Ahmedabad. By qualification, she is a Fellow member of Institute of Company Secretaries of India. She is closely involved in various entrepreneurial activities and mentors several start-up teams. She takes guest lectures at SJM School of Management at IIT Bombay, and other management institutes.
On completion of the course and the specified requirements, successful graduates of Business Incubation will be awarded Certification in ‘Advanced Knowledge: Tools for Successful Business Incubation’ by NEN in association with the Wadhwani Foundation and the National Science and Technology Entrepreneurship Development Board – Department of Science and Technology (DST), Government of India.
August 20 – 21, 2010
Indian Institute of Technology, Mumbai
2 days
This course is appropriate for educators and others with some experience in entrepreneurship education, and who want to gain knowledge in depth on building and running successful business incubation centers on campus. The course is designed for those who wish to work with either fairly advanced entrepreneurship students or entrepreneurs.
To apply for the course, please download the Course Application Form. If you’re unable to access the forms, please contact us at +91 80 4168 9195. Please print, fill out, and send the forms to us either via mail, e-mail or fax.
Mailing address for applications:
National Entrepreneurship Network
Ground Floor,
Villa No. 2, Regent Place
Thubarahalli, Varthur Main Road
Bangalore 560 066
E-Mail: [email protected]
Fax: +91 80 4168 9194
Deadline to submit application: July 7, 2010
With the growing number and sophistication of entrepreneurship educators in India, the demand for the entrepreneurial Courses, in particular, is strong, and we cannot guarantee space for all applicants. During the week following the application deadline, applications for the course will be reviewed by the Course Admissions Committee. The Course Admissions Committee will include members of NEN Trust, and may include the course Teaching Faculty, topic experts, and other senior NEN Faculty Leaders. We may follow up with you for clarifications post their meeting.
Admission is based on the applicant’s demonstrated passion, execution track-record, ability and commitment to make a difference in building entrepreneurship programs for their students, or in supporting entrepreneurs.
Notification of Application Status
You will be notified by email of your application status by July 14, 2010, i.e. within 1 week after the application deadline, which is 5 weeks before the course begins. If you have any questions about the status of your application, please call us at the office, or email us at [email protected].
NEN institutional members: Rs. 20,000
Non-Institutional members: Rs. 45,000
The course fees cover tuition, course materials including cases, and most meals. Travel and lodging costs must be borne by the candidate or their sponsoring institution. The NEN Education team will assist selected candidates in identifying and arranging affordable accommodation close to the program venue.
Course Fee Due Date
Along with the acceptance notification, successful applicants will receive a course invoice and payment instructions. Payment is due within 2 weeks of the invoice date. Late or missing payments can result in the applicant’s place being given to another candidate.
Advance Preparation
The course will have required advance reading and possibly other additional advance work. The advance preparation allows for the participant to extract much more value from the course, and for richer classroom interaction and a better experience for all. Once we receive your confirmation and your payment of course fees, you will receive emails notifying you of the advanced preparation requirements, and sent a link to any materials which you will be able to download. In addition, we will be in contact to help you make any travel and accommodation arrangements.
We do understand that last minute problems do occasionally arise, and that it is sometimes necessary to withdraw from a course at the last minute. In this case, we will refund most of the course fees, subtracting Rs. 3000 to cover the NEN Trust administrative costs associated with the participant.
Course Cancellation Policy
Program dates, course fees and teaching faculty may be subject to change. Please check the NEN website for updates before applying. If a program is cancelled by NEN, the participants’ total course fees will be refunded. If for any reason, the course can’t be held on the scheduled dates – reasons could include bandhs, weather or other problems – NEN will work with the teaching faculty to reschedule the course, and the participants’ fees will be applied to the course on the new dates. NEN will not be responsible for travel, accommodation or other costs that may have been incurred by the participant.
Scholarships are available to cover the entire course fees for NEN Faculty Leaders. Scholarships are intended for NEN Faculty Leaders from institutes that are unable to afford the subsidized course fees. Scholarships are not guaranteed, and they are not awarded on a first-come-first-serve basis. Scholarships are awarded based on a combination of demonstrated merit and need. If you are interested in applying for a scholarship, please download the scholarship application Form on our website, fill and send it to us along with your course application.
Candidates who qualify for the scholarship will be expected to confirm their attendance by making a fully-refundable deposit payment of INR 5000 along with their course participation confirmation. The payment will be refunded immediately upon successful completion of the course. However, please note, in case you are unable to attend the course due to any reason, the above mentioned amount will not be refunded.
Please contact the NEN Education team at:
National Entrepreneurship Network
Ground Floor,
Villa No. 2, Regent Place
Thubarahalli, Varthur Main Road
Bangalore 560 066
E-Mail: [email protected]
Tel: +91 80 4168 9195
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