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TECHNOLOGY BUSINESS INCUBATION INITIATIVES IN INDIA DONORS & PARTNERS WORKSHOP infoDev 15 th MARCH 2005, PARIS H.K. Mittal Head National Science & Technology.

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Presentation on theme: "TECHNOLOGY BUSINESS INCUBATION INITIATIVES IN INDIA DONORS & PARTNERS WORKSHOP infoDev 15 th MARCH 2005, PARIS H.K. Mittal Head National Science & Technology."— Presentation transcript:

1 TECHNOLOGY BUSINESS INCUBATION INITIATIVES IN INDIA DONORS & PARTNERS WORKSHOP infoDev 15 th MARCH 2005, PARIS H.K. Mittal Head National Science & Technology Entrepreneurship Development Board Government of India

2  Initiated by Department of Science & Technology, Govt. of India  17 Science & Technology Entrepreneurs Parks (STEPs) & 18 Technology Business Incubators (TBIs) promoted so far. Adding 5 every year. An equal number promoted by other public & private institutions.  A good partnership between academia, industry & research. For promotion of Knowledge Based, Technology Driven (KBTD) enterprises. The Existing Framework of Business Incubation in India

3  Reputed institutions like IITs, IIMs, NITs, NID, ICRISAT have started the initiative.  Technology areas include IT, BT, design, new materials, composites, engineering, food technology etc. Initiative on Nano Science & Technology Incubator being taken up.  Growing interest of international community and Persons of Indian Origin (PIOs) to work with Indian incubation programme.

4 Highlights of Global Forum 2004  No. of Countries 52  Number of Participants300  No. of International Delegates 130  No. of International experts 30  4 day event  4-5 parallel sessions each day  Direct & Indirect support from India $350,000

5 Global Forum 2004 Lighting of Lamp by Mr. Kapil Sibbal, Minister of Science & Technology and Ocean Development

6 Highlights of Global Forum 2004

7 INITIATIVES & PLANS OF THE GOVERNMENT OF INDIA  Exposure & networking with global incubators & experts  Sharing & learning of global good practices.  Facilitation of information exchange specially through ICT.  Setting up of the Incubation Support Fund based on the recommendations made at the Global Forum.  For the policy level support system efforts are being made e.g. provision of discounted industrial sheds, low cost connectivity etc.  Multi institutional support now available to Incubators.  This is the beginning but we have a long way to go.

8  Objective of Networking through portal: - Knowledge Sharing (Managing the Incubation Centre) - Information Exchange (Market, Technologies, IPRs) - Experience Exchange (Good Practices, Success & Failure stories) - Sustainable growth of global network (Govt. policies, trade facilitation) Knowledge Base portal on Business Incubation

9  Knowledge base portal facilitates and enhance: -networking between private, public and Govt. domain -Promotion of entrepreneurship and technology innovation -Industry collaboration & growth of private sector -Enhancement of employment opportunities

10 Strength of India  Capacity to build IT based platforms  Network with Global incubation institutions and experts established  India has sound base of knowledge incubatees, technology experts and S & T manpower

11 Issues Need To Be Addressed: Development of good incubation managers capable to handling KBTD enterprises. Early stage funding on the lines of SBIR and SBTT support. Networking & globalisation. Economic Trust Building across borders. Policy level support framework for the Incubatees. Philanthropic Technologies to be brought in Public Domain for Poverty Reduction & Environmental Protection. Drinking Water, Energy Efficient Technologies.

12 Thank You


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