Launching Effective Incubators

Course Overview
Course Objectives
Course Faculty
Recognition and Certification
Date and Locations
Who Should Apply
How to apply
Application Review Process
Course Fee
Withdrawal Policy
Contact Information

Course Overview

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. Launching Effective Incubators 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 startup firms, the hurdles they face and how business incubators can promote their development.

Objectives

Graduates of Launching Effective Incubators 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 ventures to be incubated
  • Developing the critical support programs and services for such ventures
  • Raising financial and technical support for running Business Incubators
  • Learning from successes and challenges of those currently running incubation centers

Course Faculty

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/Kolkata in Finance and an undergraduate degree in Mechanical Engineering. Presently, he teaches Finance and Entrepreneurship at IIT Kanpur and heads the institute’s SIDBI Innovation and Incubation Centre. The center focuses on technology-based ideas and currently supports over 18 startups, employing over a 100 people. Prof. Phani also spearheads IIT Kanpur’s patenting and technology transfer activity and is actively engaged in its Intellectual Property Management programs. Having been an entrepreneur himself, he has a keen interest in mentoring entrepreneurial firms and serves on the board of a few startups. He is actively involved in NEN’s activities and in promoting entrepreneurship in the Indian subcontinent.

Poyni Bhatt, Chief Administrative Officer of SINE (Society for Innovation and Entrepreneurship), IIT Bombay

 Poyni Bhatt has been the Chief Administrative Officer, Society for Innovative 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. She worked on the formation of SINE and has implemented its incubation program since. With over 19 years of experience in operations, legal, finance and policy matters in industry and academia, she previously 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; being closely involved in various entrepreneurial activities, she mentors several startup teams. Poyni delivers guest lectures at SJM School of Management at IIT Bombay, and other management institutes.

Who Should Apply

This course is appropriate for educators and others with some experience in entrepreneurship education, and who want to gain more knowledge on building and running successful business incubation centers on campus. The course is designed for those who wish to work with either fairly advanced entrepreneurs or student-entrepreneurs.

Recognition and Certification

On completion of the course and the specified requirements, successful graduates will be awarded Certification in ‘Advanced Knowledge: Launching Effective Incubators’ 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.

Duration:

Date and Locations:

How to apply

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 9193. Please print, fill out, and send the forms to us either via mail, e-mail or fax. Kindly go through the Enrolling Process Instructions carefully before you register.

Mailing address for applications:

National Entrepreneurship Network
113/1B, Benaka Tech Park,
Block II, Third Floor, ITPL Main Road,
Kundalahalli, Bangalore - 563 037
Karnataka, India
E-Mail:
Fax: +91 80 4168 9195

Deadline to submit application:

Application Review Process:

With the growing number and sophistication of entrepreneurship educators in India, the demand for the entrepreneurship 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 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 .

Course Fee:

 

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. 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. You will also receive links to any materials which you will be able to download. In addition, we will contact you to assist with making any travel and accommodation arrangements.

Withdrawal Policy

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 fee, 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’ fee 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

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, and send it to us, duly filled along with your course application.

Successful applicants 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. This refundable deposit is to ensure minimum last-minute drop-outs from the course. However, please note, in case you drop out for any reason within 5 days of the course, you will be eligible only for a partial refund of Rs.2000. This is to cover the administrative costs involved in the process.

For more information, please contact the NEN Education team at:

National Entrepreneurship Network
113/1B, Benaka Tech Park,
Block II, Third Floor, ITPL Main Road,
Kundalahalli, Bangalore - 563 037
Karnataka, India

E-Mail:
Tel: +91 80 4168 9193