Incubation

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 forInnovators and micro and small enterprises with an innovative business idea
Grant supportFor 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