Lachoo Memorial

College of Science &

Technology

Topic- BUSINESS
INCUBATOR
Presented by- Presented to-
Dr. Rashmi Mathur Mark
Habil
(Associate Professor)
( M.B.A-1st Sem.)
 A
SEMINAR REPORT ON
“CORPORATE SOCIAL RESPONSIBILITY”
Submitted in partial fulfillment for
the award degree of
MASTERS OF BUSINESS ADMINISTRATION
(2019-2020)

Faculty of commerce & management studies

Lachoo memorial college of science and
technology(Autonomous)
Submitted to- submitted by-
Dr. Rashmi Mathur Muskan Punjabi
(Assistant Professor) ( MBA- 1 st
Semester)
 CONTENTS
 Introduction
 History

 Types of services by incubators

 List of incubators in India

 About – National Business Incubation

Association (NBIA)
 Conclusion
INTRODUCTION
A business incubator is a company that helps new and startup
companies to develop by providing services such
as management training or office space . The National Business
Incubation Association (NBIA) defines business incubators as a
catalyst tool for either regional or national economic
development. NBIA categorizes their members’ incubators by
the following five incubator types: academic institutions; non-
profit development corporations; for-profit property
development ventures; venture capital firms, and combination
of the above.
Business incubators differ from research and technology parks in
their dedication to startup and early-stage companies.
Research and technology parks, on the other hand, tend to be
large-scale projects that house everything from corporate,
government or university labs to very small companies. Most
research and technology parks do not offer business assistance
services, which are the hallmark of a business incubation
program. However, many research and technology parks house
incubation programs.
HISTORY
 The formal concept of business incubation began in the USA in 1959 when Joseph L.
Mancuso opened the Batavia Industrial Center in a Batavia, New York,
warehouse. Incubation expanded in the U.S. in the 1980s and spread to the UK and
Europe through various related forms (e.g. innovation centers, pépinières
d’entreprises, techno poles/science parks).
 The U.S.-based International Business Innovation Association estimates that there
are about 7,000 incubators worldwide. A study funded by the European Commission
in 2002 identified around 900 incubation environments in Western Europe. As of
October 2006, there were more than 1,400 incubators in North America, up from only
12 in 1980. Her Majesty's Treasury identified around 25 incubation environments in
the UK in 1997; by 2005, UKBI identified around 270 incubation environments across
the country. In 2005 alone, North American incubation programs assisted more than
27,000 companies that provided employment for more than 100,000 workers and
generated annual revenues of $17 billion. In 2017, research group named Social
Innovation Monitor (SIM) has identified 171 incubators in Italy where almost 60% of
them are in the North of Italy. Moreover, big corporations are applying strategies of
open innovation through the creation of program me of corporate incubation. Some
examples these programmers' are: TIM #Wcap Accelerator and Food Forward by
Deloitte Italia.
 Incubation activity has not been limited to developed countries; incubation
environments are now being implemented in developing countries and raising
interest for financial support from organizations such as UNIDO and the World Bank.
TYPES OF SERVICES
 Help with business basics  Links to strategic partners
 Networking activities  Access to angel

 Marketing assistance
investors or venture capital
 Comprehensive business
 Market Research
training programs
 High-speed Internet access  Advisory boards and mentors
 Help with  Management team
accounting/financial identification
management  Help with business etiquette
 Access to bank loans, loan  Technology

funds and guarantee commercialization assistance

programs  Help with regulatory

 Help with presentation compliance

skills  Intellectual

 Links to higher property management

education resources
TYPES OF INCUBATORS
 Virtual business incubator - online business
incubator.
 Kitchen incubator - a business incubator focused on
the food industry.
 Public incubator - a business incubator focused on
the public good.
 Seed accelerator - a business incubator focused on
early startups.
 Corporate accelerator - a program of a larger
company that acts akin to a seed accelerator.
 Startup studio - a business incubator with
interacting portfolio companies.
 Technology Business Incubator - a business
incubator based out academic institutions.
BUSINESS INCUBATORS IN
INDIA
 The Amity Innovation Incubator is a pioneering
concept in the context of Indian Universities.
Supported by DST, Ministry of Science & Technology,
GOI, ‘Amity Innovation Incubator ‘ has in a very short
time of its existence earned an enviable position.
 Location: Noida
 Founded In: 2008
 Focus Area: Rural Innovation and Social
Entrepreneurship, Information and communication
Technologies (to include Social media and
ecommerce,.
 Funding: Up to INR 1 Cr
 Notable Startups: ApnaCircle.com, Anduril
Technologies
Angel Prime
 Location: Bangalore Angel Prime is focused on
startups in the middle that need seed capital, it
invest in not more than 3-4 companies a year.
 Founded In: 2011

 Focus Area: Mobile internet, ecommerce and

tablet/mobile app
 Funding: USD 200K- 600K         

 Notable Startups: Ezetap, Hacker Earth

CIIE IIMA
 Centre for Innovation Incubation and
Entrepreneurship was setup by IIM Ahmedabad with
support from the Government of India and Gujarat
Government and operates through an autonomous
not-for-profit entity.
 Location: Ahmedabad

 Founded In: 2002

 Focus Area: Information Communication

Technology, Cleantech and Social
 Funding: INR 20 lakhs

 Notable Startups: Travelyaari, Innoz, Thrillophilia

Indavest
A startup Incubator and venture
management helping startups with capital,
business strategy and structure, providing
access to the right network and support.
 Location: Bangalore

 Founded In: 2007

 Focus Area: Ecommerce, mobile applications,

customized gifting an d branding solutions,
software products
 Funding: N/A

 Notable Startups: Vyoma, General Sentiment

 The National Business Incubation Association (NBIA), founded in
1985, is a nonprofit organization comprised of business incubator
developers and managers, corporate joint venture partners, venture
capital investors, and economic development professionals.
 The association seeks to promote the growth of new business and
educate the business and investor community about the benefits of
incubators. NBIA offers information and training on how to form and
manage incubators; conducts statistical research; provides a
referral service; and publishes a newsletter, membership directory,
various reports and monographs, and a state of the industry
analysis.
 Business incubators are facilities that provide shared resources for
young businesses, such as office space, consultants, and
personnel. They may also provide access to financing and technical
support.
 For new businesses, these services provide a more protected
environment in which to grow before they becomes self-sustaining.
The ultimate goal of any business incubator is to produce viable
businesses, called "graduates" of the incubator.
CONCLUSION

 A business qualifying for incubator

assistance must meet certain criteria, in
much the same way it would for a venture
capital firm.
 Some incubators have diversified
interests, accepting different types of
start-ups into the fold, whereas others
concentrate in one particular area or
industry.
 For instance, some special interest
incubators exclusively support women
and minority-
REFRENCES
 Entrepreneurship and Business
Incubation by- Philip.H.Phan,
Sarfaraz.A.Mian
 Business incubator - Wikipedia files


The Top 200+ Startup Incubators in India
[Exhaustive List] - Inc42
Media_files