IIM Sambalpur I-Hub Foundation invites startups, entrepreneurs for Incubator and Accelerator Programme 2024-25

NEW DELHI: The Indian Institute of Management (IIM) Sambalpur I-Hub Foundation has extended an invitation to startups and entrepreneurs to join its renowned Incubator and Accelerator Programme for the year 2024-25. The initiative is crafted as a launchpad for emerging early-stage startups, ventures, and innovators committed to tackling substantial societal issues while striving for financial viability. Additionally, the programme endeavors to foster responsible business strategies that foster an equitable and more sustainable future.

Professor Mahadeo Jaiswal, director of IIM Sambalpur , shared that at I-Hub Foundation, they are cultivating a vibrant ecosystem to nurture innovative startups. Through the Incubator & Accelerator Programme, these startups are empowered with essential tools and support to achieve success and make meaningful contributions. The I-Hub Foundation focuses on various sectors such as textile, agriculture, defense, disaster management, women and inclusive entrepreneurship, arts and tribal entrepreneurship, financial and digital inclusivity, as well as social entrepreneurship, aiming to foster innovation and sustainable development.

Jaiswal added that I-Hub Foundation has an extensive network of industry, academic, and value chain stakeholders, having established multiple partnerships to provide comprehensive support to startups.

Final selection of ventures on June 15

Diwahar Nadar, chairperson, I-Hub Foundation, informed, "Aspiring entrepreneurs are encouraged to participate in the Incubator and Accelerator Programme by submitting their applications before the deadline on May 30, 2024. Following the submission, shortlisted candidates will have the opportunity to present their projects between June 1 and June 14. The final selection of ventures will be announced on June 15."

Incubator and Accelerator Programme

The Incubator & Accelerator Programme (2024-25) provides aspiring changemakers with a support system, including training, mentorship, and access to a network. It offers the opportunity to join the IIM Sambalpur I-Hub Foundation incubator community, enhancing credibility and recognition within the startup ecosystem. Participants gain access to resources like co-working spaces, funding opportunities, industry connections, and potential investment leads.