TIME2 — new product development for established industry
A programme by FSID, IISc (Foundation for Science Innovation and Development)
FSID's division for existing MSMEs and companies that want IP-based products or an in-house innovation capability, not a startup programme.
At a glance
| Best for | Established MSMEs and companies of any size — not startups |
|---|---|
| Format | In person |
About TIME2 — new product development for established industry
TIME2 works with established industry rather than startups, infusing science, technology and design into companies that already trade. Three engagement models are offered. SPACE runs intensive product and business strategy sessions with a company's decision-makers alongside scientists, designers, engineers, customers and investors. PDP has FSID design and develop a product and hand it over for the company to commercialize. PIC, the Platform Innovation Center, is the flagship: a time-bound structured innovation process run with IISc for companies building their own in-house innovation capability.
TIME2 also runs ecosystem platforms — EchoSphere, which connects innovators with co-founders, investors and larger partners, and the LEAP network and web series for manufacturing and service MSMEs and the professionals around them. Centres of Excellence sit under it in cleantech (ETSAW), emergency response (TATPAR), strategically significant technologies (SIM), Industry 4.0 (SPIME) and micro-environments (ErgoProxemics). An Intrapreneur-in-Residence track is marked as coming soon.
Who can apply
- Companies, not startups. Founders looking for incubation should go to STEM instead
Where to apply
Other FSID programmes
- STEM Cell — STEM Innovation EntrepreneurshipFSID's deep science incubator on the IISc campus, open to founders with no IISc affiliation and accepting applications all year.
- Entrepreneur-in-Residence (EIR)A structured track for validating a startup idea and producing a full incubation proposal, without having to set up a company first.
- Faculty Entrepreneurship ProgramA route for IISc faculty to take their own expertise to market, under IISc's own policies.
- NIDHI Seed Support ProgramA Department of Science & Technology scheme FSID runs for startups it already incubates, bridging prototype to commercialization.
- MeitY TIDE 2.0A MeitY scheme FSID operates, with a one-year entrepreneur-in-residence track and a one-year incubation track for startups.
- BUILD 2026 (with Boeing India)A free boot camp and pitch competition with Boeing India for 2026 graduates and pre-seed founders, run across seven partner incubators.
- Defence and iDEX support (DISC and ADITI)Support for startups running iDEX DISC and ADITI defence challenges, with veteran reviewers and an on-site Army Design Bureau cell.
- Centre of Data for Public Good (CDPG)An ongoing Strategic Programs initiative applying data and technology to public problems, behind IUDX, ADeX and GDI.
- Gallium Nitride Ecosystem Enabling Centre and Incubator (GEECI)A small-volume semiconductor wafer and device production, characterization and packaging facility at CeNSE, IISc.
- India Open Source for Mobile Communication Network (IOSMCN)An ongoing Strategic Programs initiative building an open-source software platform for 5G and beyond.
- Quantum Research Park (QuRP)A quantum computing hub bootstrapped by FSID with support from KITS, Government of Karnataka, under IISc's Quantum Technology Initiative.