This was a presentation we (CIIE) prepared for a competition organized during the recent annual conference of ISBA - an Indian industry body representing business incubators, knowledge parks, and STEPs. CIIE won the first prize in the competition, which was shared with the IKP Knowledge Park, Hyderabad.

1. STAR GAZING INTO 2035 FUTURE OF
INDIAN BUSINESS
INCUBATIONWWW.CIIEINDIA.ORG

2. BUSINESS
INCUBATION -
PRESENT
Future
entre-
preneurs
Ideas
Business
model
innovation
Technology
/ product
innovation
Successful
enterprise
Profits or
economic /
social
development
Jobs created
Successful
products /
services
VC
investment
and/or IPO
Return on
investment
Need /
problem
faced
Technology
& Business
incubator
Capital and
access to
capital
Providing
infrastructure
Connections
with experts /
mentors and
advisory
support
Capacity
development
for founders
and senior
management
Connections
with potential
employees (all
levels)
Connection
with
government
bodies
Connection
with potential
customers /
users

3. THE CORE IDEA OF INCUBATION WILL CHANGE
VIRTUAL
is the way
forwardACCELERATORS
will become
more popular
PORTABLE
incubators

4. IDEAS  VIRTUAL INCUBATION
Connections with
experts & mentors
Connections with
potential
employees
Connection with
government bodies
Connection with
potential
customers/users
VIRTUAL
INCUBATOR
WEBINARS
MOOCs
Capacity
development for
founders and senior
management
Capital
and access
to capital
CROWDFUNDING
Access to angels & VCs
Access to banks, grants
VIRTUAL
IDEABANK
& IP BANK
Online repository of
ideas and
intellectualproperty
1.Anyone can submit their
original idea or intellectual
property (patent application
pending)
2.Ideas are curated and IP is
categorized
3.Anyone can pick an idea
(their own idea or that of
someone else) to pursue
through virtual incubation
4.Originators of idea/IP will
get royalty from success of
resulting enterprise

5. Incubators will start
conducting more
accelerators
Business incubation will become portable
(“startup buses” and “startup trains”), with
startup studios and accelerators
in exotic locations

6. NEW KINDS OF INCUBATORS
Family business incubators
(support in scaling up
traditional models that have
been proven)
Corporate incubators by Indian
corporates for supporting in-
house and external innovations
Incubators to support socio-political
movements
“Why corporates
like Godrej,
Mahindra,
Piramal, Shriram
and Infosys are
backing start-ups”
----------------------
July 7, 2013
Incubators for promoting
Indian culture, food & heritage
incubating artists, musicians,
craftsmen, and businesses
based on these
Social incubators
will be set up with
CSR funds
Incubators for
school students

7. NEW KINDS OF INCUBATORS (CONTD.)
Accelerators and business incubators for
prisoners serving time for petty crimes
Skilled prisoners will provide services for new
businesses ranging from manufacturing, design,
accounting, business development, etc.) – laws will
have to be enacted that can facilitated this.
Incubators that invest in individuals
as opposed to businesses
Talented and motivated individuals
will be identified (with special
preference for economically
backward individuals) – the
incubators will invest in training and
preparing them to create ventures of
their own.
Incubator for failed startups /
products / technologies
These incubators will buy out failed
enterprises and ideas, and new
entrepreneurs will be incubated who
can pursue these ideas and facilitate
new venture creation

8. NEW KINDS OF INCUBATORS (CONTD.)
Government departments and
ministries will have in-house
hackathons and incubation
support
Reality show-based business incubators and
accelerators

9. Incubators catering to
various stages of startups
(idea, proof-of-concept,
prototype, seed, etc.)
Collaboration between
incubators to provide
expertise on specific
sectors/functions
Technical institutions will
have incubators that will
provide R&D support to
entrepreneurs
Privately funded incubators
will become profitable and
grow big enough to become
listed
Incubators will set up
structured courses to
produce resources for
startups (co-founders, core
team members)
More active support for
speakers of native
languages and aspiring
entrepreneurs from
economically backward
regions
Incubators will become self-
sufficient and self
sustaining, in terms of
funding, energy and
resources
Links and partnerships with
incubators in other
developing countries (joint
courses, joint incubation
programmes, cross-border
investments, etc.)
Incubators will collaborate
with schools and
universities to offer credits
and support for
entrepreneurial activities
CURRENT INCUBATORS WILL CHANGE

10. Stock exchange for startups -
listed startups' equity shares can
be traded and encashed at banks
Banks will give funding to
incubators to invest in startups and
seek returns
Crowdsourced investing
(icnubators will pick companies to
invest in, and general public can
participate in the investment)
SEED FUNDING WILL ALSO CHANGE

11. 2035
LOOKING FORWARD
1000
incubators
across India
10 out of 100
VC-funded
startups will have
come from
incubators
Incubator performance
will become a key
parameter for ranking
academic institutions
70% of CSR funds
will be allocated to
incubators and
accelerators for
various initiatives
THANK
YOU

12. Vipul Patel
Senior Manager – Social Impact
Ph.: +91-79-66324232
Mob: +91-9909986013
vipulp@iimahd.ernet.in
Mohsin Bin Latheef
Manager – Cleantech Ecosystem Development
Ph.: +91-79-66324233
Mob.: +91-7383559820
mohsin@iimahd.ernet.in
CREDITS
Centre for Innovation Incubation and Entrepreneurship
Indian Institute of Management Ahmedabad
www.ciieindia.org
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