IIT Jammu has built a 3-tier Entrepreneurial Ecosystem – Student-level, Early-stage and Growth Stage. Various centers of excellence, Defense-tech and Climate tech of specific import, serve as cradle of industry-academia collaboration for Innovation at all levels.
At the student level, IIT Jammu supports innovation, design thinking, PoC and prototyping activities through its Budding Entrepreneurs’ Club. Initiatives like Invention Factory by Makerbhavan Foundation, Tinkering Labs and Hackathons help and support the students orient themselves towards innovation and entrepreneurship. Along with specific courses for Design Thinking and Entrepreneurship, these bodies grant funds and mentorship to help students realize alternate carrier-paths as job-givers rather then become job-seekers.
Institute Innovation and Entrepreneurship Development Centre (I2EDC):
The I2EDC is the pre-incubation cell of IIT Jammu, where industry-relevant ideas get converted into market-level prototypes. The I2EDC is well structured to process the ideas into a prototype product or facility. The I2EDC provides access to the Tinkering Laboratory and the Automation Laboratory, along with high-precision fabrication utilities to streamline the process. I2EDC was set up at IIT Jammu to facilitate the development of an entrepreneurial ecosystem in the organization with specific objectives and associated performance indicators in line with the National Innovation and Start-Up Policy 2019 of the Government of India.
Incubation, Innovation, and Entrepreneurship Center (I3C) for early-stage startups:
IIT Jammu’s Incubation, Innovation, and Entrepreneurship Center (I3C) commits itself to address the societal challenges through dynamic global technological advances by bringing the Indian ecosystem to a sustainable circular economy. I3C works to INCUBATE, START, ACCELERATE, and SCALE the venture while providing a strategic entry to the entrepreneur into the circular economy, by tapping the talented and lifting their skills. It supports startups, local entrepreneurs, and IIT Jammu spin-offs for up to three years with infrastructure, mentoring, networking, financial aid, and lab access. I3C contributes significantly to the regional ecosystem and the nation’s technological advancement by encouraging collaboration among academia, industry, and the entrepreneurial community and emphasizing sustainability. I3C’s emphasis on nurturing local talent and entrepreneurship stimulates economic growth and cultivates a culture of innovation within the region.
Innovation Park for growth-stage startups:
IIT Jammu’s Innovation Park, built around various Centers of Excellence, is a vibrant entrepreneurial ecosystem that not only funds growth-stage startups thru’ various Impact Funds, but also helps them achieve growth and scale through mentorship, industry and customer connections. Please refer to Innovation Park for more information.