BUILDING SUCCESSFUL COMPANIES FROM THE BEST OF DEEP SCIENCE IDEAS
INCeNSE, the Technology Business Incubator (TBI) at Centre for Nano Science and Engineering (CeNSE), Indian Institute of Science, Bangalore is funded by Government of Karnataka to support ideas from entrepreneurs and start-ups (not restricted to IISc alumni).
We are a specialised incubator focused on nanotechnology and other deep science & interdisciplinary technical areas requiring advanced characterisation facilities, access to clean room and other specialised infrastructure.
It aims to be one-stop shop and platform for translating ideas to products and offers incubates an incomparable support to grow their businesses for different applications by providing them with access to state-of-the-art lab and fabrication facilities, supported by experienced technologists, as well as knowledge & expertise of CeNSE faculty.
HOW TO GET INCUBATED AT INCeNSE?
This is 3-step process (please refer to the flow-diagram)
Expression of Interest
In this step applicant(s) share preliminary information about the founding team, problem they are trying to solve, beneficiaries of their solution, role of technology in the proposed solution indicating why they want to be incubated at INCeNSE. These details are reviewed by INCeNSE team to determine whether to proceed with the next step of technical/IP due diligence.
Technical/IP Due Diligence
In this step, technical expert identified by the INCeNSE team will connect with the applicant(s) to evaluate the technical feasibility of the proposal. Based on the expert feedback, INCeNSE team will determine whether to proceed with the next step of review by the selection committee
Review by Selection Committee
At this stage, applicant will provide more details about startup, technical, financial and other information. This information together with the presentation by the applicant to the selection committee will be used in providing the scoring for final evaluation to determine the suitability for incubation @INCeNSE
Team & their entrepreneurial quotient
Problem being solved & its impact
Uniqueness & criticality of technology
Target customer segments & benefits
Understanding of competition & markets
Clarity on business model & commercialization pathways
Grasp of finance & compliance with an appreciation of risks involved
FROM APPLICATION TO INCUBATION