IIM Calcutta Innovation Park

IIM Calcutta Innovation Park (IIMCIP)

The IIM Calcutta Innovation Park (IIMCIP) is a Section 8 (not-for-profit) company established under IIM Calcutta, recognized as a Technology Business Incubator (TBI) by NSTEDB under DST. IIMCIP serves as the anchor institution for the startup ecosystem in eastern India, supported by DST, MeitY, BIRAC, DBT, and DPIIT.

Programs

Core Incubation Program: Provides physical office space on or near the IIM Calcutta campus, mentorship from IIM-C faculty and industry professionals, structured business model validation workshops, and access to investor networks.

Udgama Accelerator: A sector-agnostic acceleration program for growth-stage startups seeking market expansion and funding readiness.

ReGen Innovation Accelerator: Focused on sustainability, circular economy, and climate-tech ventures.

Social Impact Incubation Programme (SIIP): Targets socially impactful ventures working in livelihoods, women empowerment, assistive technology, and rural enterprise development.

Bengal Business Accelerator: State-focused program in partnership with MSME, West Bengal, targeting micro-enterprise and MSME-stage businesses.

Funding

IIMCIP has provided seed funding support of approximately ₹26 crore to incubated startups and facilitated follow-on investment of over ₹1,946 crore for its portfolio. In 2024–25, IIMCIP launched a dedicated ₹50 crore cleantech and sustainability fund for early-stage ventures in clean energy, climate resilience, sustainable agriculture, and waste-to-value solutions.

Track Record

Over 8+ years, IIMCIP has mentored 5,500+ entrepreneurs, supported 1,000+ startups, created 35,000+ jobs, and scaled 450 rural enterprises.

Who Should Apply

Founders working on deep tech, sustainability, social impact, fintech, or sector-agnostic B2B/B2C innovations who want the credibility and network of IIM Calcutta and a gateway into eastern India's growing startup ecosystem. Startups at ideation, validation, and early revenue stages are all welcome.