Symbiosis aims to induct more incubatees in the second cohort

PUNE: In the third flooring office of Symbiosis Centre for Entrepreneurship and Innovation (SCEI) Nishant Tikekar – Head Health Tech and his team are planning for the next few busy days ahead. On the anvil is the medical hackathon in a month or two, and strengthen of all kinds to the six incubatee start-ups. The institute additionally hopes to incubate more start-u.s.in the close to future.

SCEI is a era trade incubator which has funding strengthen from the Department of Science and Technology for an preliminary duration of five years.


SCIE is the Pune-based college’s effort to incubate start-u.s.that have an concept with scientific novelty, is commercially viable and if possible it has some social benefit. In change, the college takes a Five% stake. The programme is open to all, together with to Symbiosis scholars. Till now, two incubates have effectively exited the programme.

“We have a cohorting procedure, where a panel of technical experts rate the tips in line with a 10-minute pitch, followed via a Five-minute query and answer consultation. If it kind of feels like a good idea, we invite them to incubate,” stated Tikekar, adding, “Once a start-up consents, they have to sign a memorandum of working out with the college and agree to be incubated for a 24-month duration.”

According to Tikekar, this is a very democratic and open-door policy where any individual can walk into the Lawale office and make a pitch. Historically, a 3rd of those who made a pitch have made the minimize. Among the start-u.s.are those running in the box of training, structuring of organisational communication and a real-estate investment company.


“We handhold the start-u.s.from ideation to marketplace launch. This is completed through a chain of strengthen, mentorship and workshops. We hook them up with some of the professors from our top faculties like SIBM, supply felony, accounting and taxation strengthen, dangle more than one workshops on budgeting, team management, advertising and marketing, negotiation and so forth,” stated Tikekar.


SCEI has additionally ordered hi-tech equipments that the start-u.s.can use to further their trade. Further, the institute is also open to offer explicit instrumentation to the incubatees.


Soon, the centre will take up more space in order that it can provide infrastructure and space to more start-ups.


Symbiosis aims to induct more incubatees in the second cohort Symbiosis aims to induct more incubatees in the second cohort Reviewed by Kailash on June 06, 2019 Rating: 5
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