Business Incubator (MSME-TBI) at IPS Academy
A programme by IPS Academy, Institute of Engineering and Science, Indore
A business incubator for innovative business ideas, with training, mentoring and funding support for selected ideas.
At a glance
| Best for | Innovators and micro and small enterprises with an innovative business idea |
|---|---|
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
About Business Incubator (MSME-TBI) at IPS Academy
The Business Incubator at IPS Academy is meant to launch new start-ups with a focus on Madhya Pradesh. It aims to nurture innovative business ideas that could be commercialised within a year.
What you get
- Funding support for selected ideas
- Training and workshops, and an entrepreneurship boot camp
- Help with business plan preparation, market survey and operational plan
- IT tools training, and review and monitoring
Who can apply
- Anybody with an innovative business idea, including individuals and micro and small enterprises
How selection works: Ideas are checked against the scheme's objectives and guidelines. Shortlisted ideas are approved by the management committee of the MSME-TBI at the institute.
How to apply: Send a concise abstract and a business plan for commercialisation to bim.ies@ipsacademy.org with the subject "Proposal for TBI", or approach CRIE at the institute.
Where to apply
Everything about IPS Academy, Institute of Engineering and Science, Indore