IIM Calcutta innovation Park (IIMCIP) is a nonprofit company set up under the aegis of IIM Calcutta to promote entrepreneurship and innovation and established itself as a premier hub of entrepreneurship development in East and Northeast India.

IIMCIP has a strong focus on social entrepreneurship and supports technology-enabled innovation with social impact.

No. There is no application or registration fee for submitting an application to this programme

Selected participants will receive opportunities that may include:

• Incubation support from the incubator
• Mentorship from industry experts
• Networking with ecosystem partners
• Visibility among investors, corporates, and stakeholders
• Opportunities to strengthen and scale their business and impact initiatives

Applications will undergo a multi-stage evaluation process, which may include:

• Eligibility screening
• Assessment by domain experts and jury members
• Pitch presentation (if shortlisted)
• Final Cohort selection based on ratings

Incubation is a process whereby an entrepreneur/organization get support for doing their business, they are provided with different services such as business training, business know how, capital or market connects. The incubation provides the eco-system for harnessing new business idea/concept and developing it into a sustainable commercial venture.

Incubator is an organization or establishment that supports entrepreneurship promotion, business development through incubation, mentoring processes and facilitating with the right connects.

An entity shall be considered as a Startup if it is working towards innovation, development or improvement of products or processes or services, which is also scalable. Has a high potential of employment generation, livelihood or wealth creation. The entity should be incorporated not more than 10 years ago.

It is a model designed to identify the various sources of revenue generation of the business. This model describes the different revenue sources / income channels for the goods and services of any business. A clear revenue model is important for sustainability of the business.

Traction refers to the measurable progress a startup has made in proving that its product or service is solving a real problem and gaining acceptance in the market. It demonstrates that customers are interested, engaged, and willing to use or pay for the solution.

Sustainable livelihood opportunities are income-generating activities that enable individuals and communities to earn a stable living over the long term while preserving natural resources, promoting social well-being, and remaining economically viable.