We are nicknamed as ‘IC’ and for a reason
Nestled in the sprawling and pristine surroundings at the 500+ acres campus of IIT Patna, Incubation Centre IIT Patna (known as IC and IC IITP) is the ideal destination for startups taking early entrepreneurial steps in Electronic System Design and Manufacturing, Medical Electronics and Information and Communication Technology domains.
Our carefully designed incubation and pre-incubation programs support startups – through state of the art technical facilities required for work in ESDM sector, corporate quality office and communication facilities, mentoring support from industry / investors / IIT Patna faculty /other experts and seed fund support – to translate a technology/business innovation to a commercially viable product offering and to launch it in the market.
Now you know why we are called ‘IC’ as in ‘Integrated Circuits’.
We can make an impact together
We are particularly keen to work with companies who, through their innovative solutions, will make healthcare accessible and affordable to common man.
We also look forward to working with those companies who will reduce our nation’s dependence on other nations in our focus domains and will impact the lives of many in a positive way.
We mostly engage with entrepreneurial aspirants and early stage startups in their attempt to create a commercially viable product offering and to launch it in the market. We like to maintain a multi-cultural environment and are open to entrepreneurs from across the country.
You have an idea where we can support?
We have processed more than 1000 applications since inception and have worked with more than 60 startups in Medical Electronics, Healthcare, IoT, Automation, Robotics, Waste Management, Industrial Solutions, Consumer Electronics, Education and so on.
You can apply with us If you:
- Are a team of (or company owned by ) Indian nationals
- Are in a stage between prototyping and early scaling
- Have not received any equity based investments from another incubator
- Need mentoring and/or infrastructure to progress further
- Need an affordable, knowledge rich and productive work environment
You can apply using our Apply page or drop a mail to incubation_ic@iitp.ac.in
You are in the middle of opportunities in Patna
History and modernity meets at the banks of river Ganges at Patna. Erstwhile Patliputra, capital of the renowned Maurya Empire, Patna is now a modern buzzling city with all amenities and facilities expected from a state capital.
Patna has a vibrant startup ecosystem which is ably supported by Government of Bihar, Industry associations and Investment Networks. It may need a bit more time to reach the league of Bangalore and Delhi, but Patna has surely come of age. There are multiple startup events, pitching sessions, seminars, workshops and other networking opportunities every year.
IC is in a location that can serve a significantly large geographical area and market. NCR and Kolkata which are two major markets/supply sources/ investor hubs are overnight travel away.So is Ranchi and Lucknow, state capitals of Jharkhand and UP.
Educational hubs such as Varanasi , Dhanbad, Jamshedpur, Bhuvaneshwar etc are nearby and offer abundance of talent.
Patna is well connected with all major cities relevant for startup community (Bangalore, Hyderabad, Chennai, Delhi, Kolkata, Mumbai) through direct flights and trains.
Problems worth solving are solved Together
Having the right partners and right environment makes a lot of difference to what you do. IC is blessed with many productive partnerships that has created value for our startups.
Biodesign Centre AIIMS Delhi and AIIMS Patna helped our startups in design and validation of medical devices.
Indian Angel Network mentors companies in investment space and help IC in our selection process.
NEILIT Patna centre enables skill training and provide access to ESDM trained manpower to startup companies.
Chizel help our companies with micromachining requirements at a discounted rate.
Industry bodies such as CII brings to the table governance support, entrepreneurship events and networking opportunities with industrialists and businessmen.
We are constantly striving to create more of such synergies. We believe that the problems worth solving can only be solved by ‘Us’ and not by ‘I’.
IC is Partnering in Nation Building
IC came into existence with the support of Ministry of Electronics and Information Technology (MeitY), Govt of India and Department of IT, Govt of Bihar.
The operational expenses and advances lab equipment are in place thanks to MeitY funds.
The beautiful 30,000 Sq Ft dedicated building, state of the art class 100 clean labs (under construction) and seed funds are in place thanks to Govt of Bihar.
IC is a partner with Dept of Industries, Govt of Bihar in Bihar Startup Policy Implementation;and with Department of Science and Technology, Govt of Bihar in promotion of innovation and entrepreneurship at community level; and MSME, Govt of India for capacity building programs.