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Incubation Centre @

Incubation Centre @
IISc
IISc

Scope for Student participation


Scope for Student participation
28-Mar-2009
Prof. S. Mohan
Chairman, Alumni Cell
E-mail: alumnicell@admin.iisc.ernet.in
Outline
Outline
Technology Transfer challenges Technology Transfer challenges
Infrastructure & Technology development @ Infrastructure & Technology development @ IISc IISc
Entrepreneurship activity @ Entrepreneurship activity @ IISc IISc
Incubation Centre @ Incubation Centre @ IISc IISc
Policy framework for NVI Policy framework for NVI
Services & Facilities offered at Incubation Centre Services & Facilities offered at Incubation Centre
International Scenario International Scenario
Role of Alumni Cell Role of Alumni Cell
Technology Transfer Challenges:
Technology Transfer Challenges:
Contrasting Cultures
Contrasting Cultures
Control of material Control of material Sharing of material Sharing of material
Ownership & secrecy Ownership & secrecy Publications & Publications &
collaborations collaborations
Specific objectives, product Specific objectives, product
focused focused
Pure scientific driven Pure scientific driven
research research
Develop new products Develop new products Create new knowledge Create new knowledge
Applied research Applied research Basic research Basic research
Shareholders responsibilities Shareholders responsibilities Social responsibilities Social responsibilities
Industry/Corporate
Industry/Corporate
University
University
Current Scenario
Current Scenario
Increasing awareness among academic community to transfer
their innovation to industries for mutual benefit.
However this is not happening at the expected pace due to However this is not happening at the expected pace due to
following reasons: following reasons:
Academics don Academics don t have proper exposure to the industry requirements and t have proper exposure to the industry requirements and
as such do not extend their basic research activity for industri as such do not extend their basic research activity for industrial al
applications. applications.
Industrial application requires multidisciplinary Research, grou Industrial application requires multidisciplinary Research, group activity p activity
and proper networking satisfying the application requirements an and proper networking satisfying the application requirements and d
timeframe. timeframe.
As individual scientists can neither form the groups themselves As individual scientists can neither form the groups themselves nor can nor can
effectively interact with industries, the success in this direct effectively interact with industries, the success in this direction is limited. ion is limited.
Technology Commercialization
The Basic Problem
Industry
?
Inventors
R&D Centers
Academy
IISc
IISc

A 100 year old premier Institute


A 100 year old premier Institute
Original Objective Original Objective Human Resource Development Human Resource Development
Research leading to Publications and IP Research leading to Publications and IP
How to
How to
Encash
Encash
the IP?
the IP?
Consultancy to Strategic Sectors (Space, Aerospace, Defence Consultancy to Strategic Sectors (Space, Aerospace, Defence
and Atomic Energy) and Atomic Energy)
Consultancy to Industries Consultancy to Industries
Clusters & Centers of Excellence (in close association with Clusters & Centers of Excellence (in close association with
industry) industry)
Entrepreneurship, Incubation & encashment of IP Entrepreneurship, Incubation & encashment of IP
Centre for Scientific & Industrial Consultancy
Centre for Scientific & Industrial Consultancy
(CSIC)
(CSIC)
Consultancy to Strategic Sectors:
Consultancy to Strategic Sectors:

Space, Aerospace,
Space, Aerospace,
Defence
Defence
and
and
Atomic Energy
Atomic Energy

Industries
Industries
The Society for Innovation and Development (SID) was
founded in the year 1991, in close collaboration with the
Indian Institute of Science (IISc) Bangalore. IISc is
premier research institute which has contributed in a
significant way towards the scientific and technological
growth of the country as well as producing outstanding
intellectuals to manage Industries, Business houses, and
Institutions.
Innovation Centre (SID)
I N N O V A T I O N C E N T R E
Mission
Mission
The mission of SID is to enable development and
diffusion of IISc'sinnovations in science and technology
by creating a purposeful and effective channel
to help industries and business establishments
to compete and prosper in the face of global competition,
turbulent market conditions and fast moving technologies.
at the same time take care of IIScs
at the same time take care of IIScs
interests (focusing on Innovation)
interests (focusing on Innovation)
Industry Friendly
Faculty Friendly
Flexible operational modes
Better Communication
How SID Works
(Autonomous and proactive)
Various Mechanisms
Various Mechanisms
Industry funded projects Industry funded projects- - Collaborative & Contract mode Collaborative & Contract mode
Umbrella programmes Umbrella programmes
Industry R&D Centres in academic campus Industry R&D Centres in academic campus
Clusters Clusters - - Industry Oriented Programs Industry Oriented Programs
- - Cutting Edge Technologies Cutting Edge Technologies
Entrepreneurship & Incubation Entrepreneurship & Incubation Centres Centres
Networking Networking
- - National programmes (CAR, IMTMA, B National programmes (CAR, IMTMA, B- -Smart) Smart)
- - International programmes (Indo International programmes (Indo- -US US Forum,European Forum,European Commission) Commission)
SID since 1994
SID since 1994
Number of Projects Initiated: Number of Projects Initiated: 303 303
Number of Projects completed successfully: Number of Projects completed successfully: 142 142
Number of Companies involved in Interaction: Number of Companies involved in Interaction: 161 161
Projects
Projects
Boeing Boeing GPS GPS Usha Usha Samsung Samsung
Daimler Chrysler Daimler Chrysler Mitokor Mitokor Nokia Nokia
Honeywell Honeywell Biological E Biological E cole cole Microsoft Microsoft
Research Centre Research Centre
Imarat Imarat
Hindustan Lever Hindustan Lever
Limited Limited
Mahindra & Mahindra &
Mahindra Mahindra
DRDO DRDO Cadila Cadila Pharmceuticals Pharmceuticals HP Labs India HP Labs India
ISRO ISRO Unichem Unichem Laboratories Laboratories Nortel Nortel
NPOL NPOL Sourav Sourav Chemicals Chemicals Ericsson Ericsson
ADA ADA Sir Sir Dorabji Dorabji Tata Tata
Centre Centre
Texas Instruments Texas Instruments
IMI Cornelius IMI Cornelius FMC India FMC India Motorola Motorola
Pratt & Whitney Pratt & Whitney
Dabur Dabur Research Research
Foundation Foundation
CISCO CISCO
Tata Motors Ltd Tata Motors Ltd Indian Indian Immunologies Immunologies Intel Intel
General Motors General Motors Shantha Shantha Biotech Biotech Honeywell Honeywell
Materials & Systems Materials & Systems BT BT IT IT
Industry R&D
Industry R&D
Centres
Centres
in
in
academic campuses
academic campuses
R&D Centres
R&D Centres
Cadila Cadila Pharmaceuticals Limited Pharmaceuticals Limited
Unichem Unichem Laboratories Laboratories
FMC Rallis India Limited FMC Rallis India Limited
Sir Sir Dorabji Dorabji Tata Centre for Tropical Diseases Tata Centre for Tropical Diseases
ViZiPhar ViZiPhar Biosciences Biosciences
Cookson Cookson India Ltd India Ltd
Cranes Software International Ltd Cranes Software International Ltd
Satyam Satyam Computers Services Ltd Computers Services Ltd
Tata Motors Limited Tata Motors Limited
IMI R&D Centre India IMI R&D Centre India Pvt Pvt Ltd Ltd
Advantages Advantages: : Space provided to have better interaction with Space provided to have better interaction with
faculty, improve R&D interaction by identifying more projects, faculty, improve R&D interaction by identifying more projects,
monitor on day to day basis, carryout clinical tests/develop monitor on day to day basis, carryout clinical tests/develop
systems for industry requirements. systems for industry requirements.
Clusters
Clusters

Transport Sector
Transport Sector

Micro &
Micro &
Nano
Nano
Technologies
Technologies

Pharmaceuticals
Pharmaceuticals
-
-
Drugs &
Drugs &
Vaccines
Vaccines

Energy & Environment
Energy & Environment

Knowledge Sciences
Knowledge Sciences
Cluster on Transport
Cluster on Transport
Technologies
Technologies
Collaborative Research Lab (CRL) Collaborative Research Lab (CRL)
(General Motors) (General Motors)
This is one of the three CRLs of GM outside US. This is one of the three CRLs of GM outside US.
Focus Focus R&D on Light weight materials for automotive R&D on Light weight materials for automotive
industry industry
Exchange of visits between faculty & scientists from Exchange of visits between faculty & scientists from
industry industry
Faculty get exposed to industry requirement Faculty get exposed to industry requirement
Projects with focus on multidisciplinary research Projects with focus on multidisciplinary research
Knowledge gained in this process helped the faculty to Knowledge gained in this process helped the faculty to
interact with more industries interact with more industries
Faculty from I I Sc. Faculty from I I Sc.
Faculty involved Faculty involved
Mechanical Engineering Mechanical Engineering 12 12
Metallurgy Metallurgy 7 7
Aerospace Engineering Aerospace Engineering 2 2
Centre for Electronic Design Technology Centre for Electronic Design Technology 15 15
Computer Science and Automation Computer Science and Automation 9 9
Electrical and Communication Engineering Electrical and Communication Engineering 6 6
Centre for Product Design and Manufacturing Centre for Product Design and Manufacturing 8 8
Electrical Engineering Electrical Engineering 10 10
Solid State and Structural Chemistry Solid State and Structural Chemistry 1 1
APDAP APDAP 5 5
SuTRA SuTRA 1 1
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Total Total 76 76
GM Fellows GM Fellows 6 6
Proj ect Assistants Proj ect Assistants 13 13
Industries:
General Motors
Boeing Company
Pratt & Whitney
TVS Company
TELCO Limited
Mahindra & Mahindra Limited
Bharath Earth Movers Limited
Daimler Chrysler Research Centre
Honeywell
Aeronautical Development Agency
Combat Vehicles Research and Development Establishment
Hindusthan Aeronautics Limited
Alcoa
AirBus
Rolls-Royce plc Ltd
Robotics
Trusted Software
Highly Networked
Systems
Autonomy / Learning
Massachusetts Institute of Technology
Systems Integration
Technology
University Strategic Relationships
University Strategic Relationships
Aero Technology
Decision Science
Structural Technologies
Cluster on Micro &
Cluster on Micro &
Nano
Nano
Technologies
Technologies
Key Requirement
Key Requirement
FLEXIBLE Fabrication Facility
This is the key for
Exploring ideas
Phenomenological studies
Unit process developments
Hands on training for manpower
Differs from other fabs in defect density (much higher)
Nanotechnology: A Multidisciplinary
Nanotechnology: A Multidisciplinary
Effort
Effort
Nanotechnology
Nanotechnology
thrives on tight
thrives on tight
integration of
integration of

Material Science
Material Science

Process Technology
Process Technology

Nanoelectronics
Nanoelectronics

Chemistry and
Chemistry and
Biology
Biology

Mechanical
Mechanical
Engineering
Engineering
Departments Involved
Departments Involved
Labs involved: 15
Faculty involved: 55
Research Funding at
Research Funding at
IISc
IISc
in
in
Nano
Nano
Domain
Domain
Rs Rs. 50 . 50 crores crores (~US$ 13 million) funded by Ministry of (~US$ 13 million) funded by Ministry of
Communication and Information Technology (MCIT) Communication and Information Technology (MCIT)
Rs Rs. 50 . 50 crores crores (~US$ 13 million) Institute contribution in (~US$ 13 million) Institute contribution in
building and additional equipment infrastructure building and additional equipment infrastructure
Rs Rs. 5 . 5 crore crore (~US$ 1.3 million) funded by National Program (~US$ 1.3 million) funded by National Program
on Smart Materials (NPSM) phase on Smart Materials (NPSM) phase- -I I
Rs Rs. 10 . 10 crore crore (~US$ 2.6 million) funded by Department of (~US$ 2.6 million) funded by Department of
Science and Technology (DST) under Science and Technology (DST) under Nano Nano Science and Science and
Technology Initiative (NSTI) Technology Initiative (NSTI)
Approximately Approximately Rs Rs. 50 . 50 crore crore (~US$ ~13 million) expected (~US$ ~13 million) expected
from NPSM phase from NPSM phase- -II II
Total Research Funding till date ~ US$ 30 million with
an additional 13 million expected by next year (NPSM-II)
Interaction with Academic Institutions:
Stanford University, USA
University of California, Berkeley, USA
Cornell University, USA
University of Washington, Seattle, USA
University of Maryland, USA
University of Arkansas, USA
Mc-Gill University, Canada
EPFL, Switzerland
Delft University, Netherlands
IMEC, Belgium
National University of Singapore, Singapore
Tokyo Institute of Technology
Interaction with Industries:
Applied Materials, USA
Boeing, USA
Cookson Electronics, New Jersey, USA
General Motors, USA
Honeywell Technologies, USA
Alcoa Technical Centre, USA
Texas Instruments, USA
Motorola, USA
IMI Vision, UK
FACULTY ENTREPRENEURSHIP
FACULTY ENTREPRENEURSHIP
Faculty/staff of the Institute are permitted by the Council Faculty/staff of the Institute are permitted by the Council
Of IISc to undertake entrepreneurship related activity: Of IISc to undertake entrepreneurship related activity:
Setting up of commercial ventures, companies or similar entities Setting up of commercial ventures, companies or similar entities
with equity participation. with equity participation.
Without prejudice to and as an additional dimension to their Without prejudice to and as an additional dimension to their
traditional roles as faculty/staff. traditional roles as faculty/staff.
TOTLE (The Office of Technology Licensing & Entrepreneurship) TOTLE (The Office of Technology Licensing & Entrepreneurship)
has been set up in SID to handle all action associated with has been set up in SID to handle all action associated with
entrepreneurship activities entrepreneurship activities- -required approvals, equity required approvals, equity
negotiation, legal documents etc. negotiation, legal documents etc.
ENTREPRENEURSHIP
ENTREPRENEURSHIP
3D Solid Compression Private 3D Solid Compression Private
Limited Limited
Prof. B Prof. B Gurumoorthy Gurumoorthy
Strand Genomics Strand Genomics Pvt Pvt Ltd Ltd Prof. Vijay Chandru, Prof. Vijay Chandru,
Prof. Prof. Ramesh Ramesh Hariharan Hariharan
Prof. Swami Prof. Swami Manohar Manohar
Prof. Prof. Srinivasan Srinivasan Seshadri Seshadri
Prof. V. Prof. V. Vinay Vinay
Esqube Esqube Communication Solutions Communication Solutions
Pvt. Ltd Pvt. Ltd
Prof. H S Prof. H S Jamadagni Jamadagni
Prof. T V Prof. T V Sreenivas Sreenivas
Prof. K V S Prof. K V S Hari Hari
Prof. V Prof. V Chandrasekar Chandrasekar
Picopeta Picopeta Pvt Pvt Ltd Ltd Prof. Vijay Chandru Prof. Vijay Chandru
Prof. Swami Prof. Swami Manohar Manohar
Prof. Prof. Ramesh Ramesh Hariharan Hariharan
Dr. V. Dr. V. Vinay Vinay
Company Company Faculty Members Faculty Members
Strand Life Sciences
Strand Life Sciences
formerly Strand Genomics, is a premier
formerly Strand Genomics, is a premier
in
in
silico
silico
technologies innovation company. Strand leverages
technologies innovation company. Strand leverages
its core strengths in Data Mining, Predictive
its core strengths in Data Mining, Predictive
Modeling, Computational Chemistry, Software
Modeling, Computational Chemistry, Software
Engineering and Research Biology to develop
Engineering and Research Biology to develop
Technologies
Technologies
and offer various
and offer various
Products
Products
for
for
research biology, chemistry and drug discovery.
research biology, chemistry and drug discovery.
Strand also offers custom
Strand also offers custom
Solutions
Solutions
based on its
based on its
technologies.
technologies.
Products:
Products:

avadis
avadis

Sarchitect
Sarchitect

Target focused Library
Target focused Library

truPK
truPK
&
&
truTox
truTox

Sarani
Sarani

Chiktraka
Chiktraka

Sphatika
Sphatika

Acuris
Acuris
ESQUBE Communication Solutions
ESQUBE Communication Solutions
Pvt
Pvt
Ltd
Ltd
The Founders: The Founders: Founders of ESQUBE are faculty at the Indian Founders of ESQUBE are faculty at the Indian
Institute of Science, Bangalore and carry over eight decades of Institute of Science, Bangalore and carry over eight decades of
experience and fundamental knowledge in the field of DSP and experience and fundamental knowledge in the field of DSP and
Telecommunication. ESQUBE plays a dominant role in the Telecommunication. ESQUBE plays a dominant role in the
creation of IP in the domain of Sensors, Signals and Systems. creation of IP in the domain of Sensors, Signals and Systems.
Vision: Vision: To be a world To be a world- -class Design Powerhouse in Communication, class Design Powerhouse in Communication,
Networking and Signal Processing. Networking and Signal Processing.
Mission: Mission: To provide innovative Products and R&D solutions to the To provide innovative Products and R&D solutions to the
Communication, Networking and Multimedia Industries. Communication, Networking and Multimedia Industries.
Commitment: Commitment: ESQUBE would realize its vision through ESQUBE would realize its vision through
commitment to profitability, innovation and joyful experience. commitment to profitability, innovation and joyful experience.
Products:
Products:
VQUBE: VQUBE: offers real time multi party offers real time multi party VoIP VoIP, data collaboration , data collaboration
technology on unmanaged internet for PC to PC technology on unmanaged internet for PC to PC
communication anywhere in the world. communication anywhere in the world.
Dynamic Toolbar: Dynamic Toolbar: A novel technology from A novel technology from Esqube Esqube that that
would allow the toolbar would allow the toolbar plugin plugin in the browser to dynamically in the browser to dynamically
change its content based on the webpage that is being viewed. change its content based on the webpage that is being viewed.
TARANG: TARANG: is a new audio codec solution developed at is a new audio codec solution developed at
Esqube Esqube. The algorithm is unpublished and to be patented. . The algorithm is unpublished and to be patented.
Click to Click to CallEven CallEven: : with the proliferation of web with the proliferation of web- -based based
services, most website visitors prefer talking directly to an services, most website visitors prefer talking directly to an
agent/advertiser. agent/advertiser.
The Simputer
The Simputer
TM
TM
: Invention
: Invention
S Simple imple I Inexpensive nexpensive M Multilingual ultilingual P Peoples Comp eoples Computer uter
Invented by scientists and industry collaborators Invented by scientists and industry collaborators - -
Indian Indian
Institute of Science in 1998 Institute of Science in 1998
Invention owned by Invention owned by Simputer Simputer Trust Trust
The most significant innovation in computer technology The most significant innovation in computer technology
in 2001 was not Apple's gleaming titanium PowerBook in 2001 was not Apple's gleaming titanium PowerBook
G4 or Microsoft's Windows XP. It was the G4 or Microsoft's Windows XP. It was the Simputer Simputer, a , a
Net Net- -linked, radically simple portable computer, intended linked, radically simple portable computer, intended
to bring the computer revolution to the third world. to bring the computer revolution to the third world. - -
New York Times New York Times November 2001 November 2001
Radical Simplicity for Universal Access Radical Simplicity for Universal Access - - A device A device
designed to bridge the digital divide by surmounting designed to bridge the digital divide by surmounting
barriers of literacy, cost, multiple languages and steep barriers of literacy, cost, multiple languages and steep
technology learning / adoption curve technology learning / adoption curve
Picopeta
Picopeta
Simputers
Simputers
Pvt
Pvt
Ltd
Ltd
Provides hardware, design and software solutions based on the po Provides hardware, design and software solutions based on the powerful, yet affordable werful, yet affordable
Simputer Simputer platform. platform. The The Simputer Simputer is a powerful full is a powerful full- -featured handheld computer, and is featured handheld computer, and is
globally marketed by globally marketed by PicoPeta PicoPetaunder the brand name under the brand name Amida Amida Simputer Simputer. . Amida AmidaSimputers Simputers
are manufactured at are manufactured at Bharat Bharat Electronics Ltd. Electronics Ltd. and they are sold as a BEL and they are sold as a BEL- -PicoPeta PicoPetaproduct product
in India and abroad in India and abroad
PicoPeta PicoPetais currently is currently focussing focussingon the following on the following business domains business domainsfor the initial for the initial
deployment of deployment of Simputer Simputer solutions: solutions:
Education Education
Banking Banking
E E- -governance governance
Sales Force Automation Sales Force Automation
Healthcare Healthcare
Agriculture & Rural co Agriculture & Rural co- -operatives operatives
The latest from The latest from PicoPeta PicoPetaare two developments that are sure to excite developers, busine are two developments that are sure to excite developers, business ss
and users worldwide: and users worldwide:
Simputersfor spot billing
Announcement of the Amidabrand name
Alliancewith BEL
Simputer Simputer based projects: based projects:
E E- -GRAM SURAJ : GRAM SURAJ : Mobile village MIS Mobile village MIS
HEALTH DATA COLLECTION: HEALTH DATA COLLECTION: WHO/NTI Mobile TB data WHO/NTI Mobile TB data
collection system collection system
SPOT BILLING: SPOT BILLING: Simputers Simputers being used in being used in Gulbarga Gulbarga, ,
Karnataka for electricity spot billing Karnataka for electricity spot billing
E E- -GOVERNANCE: GOVERNANCE: Simputers Simputers used by village accountants as used by village accountants as
part of land records procurement project part of land records procurement project
SCHOOL EDUCATION: SCHOOL EDUCATION: Project for rural children in Project for rural children in
Chattisgarh Chattisgarh, India , India
3D Solid Compression
3D Solid Compression
3DSoC is an interactive 3D 3DSoC is an interactive 3D modelling modellingcompany borne out of Indian Institute of Science, company borne out of Indian Institute of Science,
Bangalore and Stanford University, Palo Alto and is based in Ban Bangalore and Stanford University, Palo Alto and is based in Bangalore, India. galore, India.
Developed a new patented data format for 3D model represent Developed a new patented data format for 3D model representation ation - - "VIS" format, "VIS" format,
which is typically 100 times smaller than some of the CAD format which is typically 100 times smaller than some of the CAD formats and is smaller than s and is smaller than
even the J PEG or GIF images. In addition to the geometric data, even the J PEG or GIF images. In addition to the geometric data, it is possible to specify it is possible to specify
textures, sound, animation and interactive textures, sound, animation and interactive behaviours behaviours in a VIS model. VIS models are in a VIS model. VIS models are
internet ready in that these models can be viewed in a standard internet ready in that these models can be viewed in a standard browser. browser.
technology allows us to deliver the next generation e technology allows us to deliver the next generation e- -catalogues and e catalogues and e- -manuals. We help manuals. We help
companies to create, organize, distribute and maintain technical companies to create, organize, distribute and maintain technical data necessary to data necessary to
perform service operations on their equipment. The companies who perform service operations on their equipment. The companies whowould need such a would need such a
solution are those that are: solution are those that are:
Supporting complex mechanical equipment, because 3D is an effici Supporting complex mechanical equipment, because 3D is an efficient way to ent way to
communicate complexity. communicate complexity.
Geographically dispersed, because we use the internet to distrib Geographically dispersed, because we use the internet to distribute the information. ute the information.
Multilingual, because models and animation are language Multilingual, because models and animation are language- -independent. independent.
A picture is worth a thousand words and a VIS model is worth a thousand pictures.
Products: Products:
VISTRANS VISTRANS
Using Using VISTrans VISTrans, you can import all your existing 3D models in to VIS framework , you can import all your existing 3D models in to VIS framework. .
VISTrans VISTrans currently supports translations from STL, VRML, currently supports translations from STL, VRML, Lightwave Lightwave, , Wavefront Wavefront
OBJ, Maya and 3DStudio into VIS models. OBJ, Maya and 3DStudio into VIS models.
The translated VIS files are 10 to 100 times smaller than t The translated VIS files are 10 to 100 times smaller than the original files without he original files without
any loss of visual or geometric accuracy in the model. any loss of visual or geometric accuracy in the model. VISTrans VISTrans can also be run in can also be run in
batch mode, and the files are translated to VIS format in a few batch mode, and the files are translated to VIS format in a few seconds. seconds.
VISPublisher VISPublisher
powerful tool for creation of Interactive 3D Content. VIS models powerful tool for creation of Interactive 3D Content. VIS models imported into imported into
VISPublisher VISPublisher can be enhanced by adding animation, text and audio content. can be enhanced by adding animation, text and audio content.
Presentations can be easily created showing exploded view of all Presentations can be easily created showing exploded view of all internal internal
components, assembling and disassembling of the whole object, cr components, assembling and disassembling of the whole object, creating an eating an
interactive demonstration of the object, maintenance manuals and interactive demonstration of the object, maintenance manuals and part catalogues. part catalogues.
VISPlayer VISPlayer Pro Pro
A Application that enables interactive viewing of the animated VIS pplication that enables interactive viewing of the animated VIS models. It allows models. It allows
full graphical interaction (rotate, pan, zoom) and can be run st full graphical interaction (rotate, pan, zoom) and can be run standalone or from andalone or from
any standard web browser ( any standard web browser (e.g e.g IE, IE, FireFox FireFox). ).
INCUBATION CENTRE
INCUBATION CENTRE
ENCOURAGE ENTREPRENEURSHIP IN MULTI ENCOURAGE ENTREPRENEURSHIP IN MULTI- -DISCIPLINARY DISCIPLINARY
AREAS. AREAS.
Bio Informatics Bio Informatics
Medical Imaging Medical Imaging
Advanced manufacturing design Advanced manufacturing design
Materials Research (Design of new materials) Materials Research (Design of new materials)
Microelectromechanical systems Microelectromechanical systems
ASIC design for microelectronics and MEMS ASIC design for microelectronics and MEMS
Drug design Drug design
IISc with its Research infrastructure and Ph.D and M.Tech IISc with its Research infrastructure and Ph.D and M.Tech
students is ideally suited for such Multi students is ideally suited for such Multi- -disciplinary disciplinary
research. research.
INCUBATION CENTRE
Inaugurated by
Hon. Sri. Ratan N. Tata, Chairman & President of the Court, IISc,
Chairman, Tata Group of Industries, Mumbai
on 17
th
March 2006
Being Being
Evaluated Evaluated
Development & Development &
marketing of CFD marketing of CFD
software HIFUN software HIFUN
Prof. N. Prof. N.
Balakrishnan Balakrishnan, and , and
Dr.Nikhil Dr.Nikhil Vijay Vijay
Shende Shende
Simulation Simulation
and and
Innovation: Innovation:
Fluid Dynamic Fluid Dynamic
Associates Associates
4 4
The space is The space is
to be allotted to be allotted
to him to him
Urban Evolution Urban Evolution Prof. Y Prof. Y Narahari Narahari & &
Mr. V K Mr. V K
Visvanathan Visvanathan
Pangaea Pangaea 3 3
Eterno Technologies Eterno Technologies- -
Indian Languages on Indian Languages on
Mobile Phones Mobile Phones
Pervasive solutions Pervasive solutions
for Application for Application- -
algorithm algorithm- -
architecture aware architecture aware
SOC Solutions SOC Solutions
Nature of the Nature of the
proposal proposal
Status Status Incubatees Incubatees Company Company
Name Name
Sl Sl
No No
Company has Company has
been been
registered and registered and
space allotted space allotted
to them to them
Mr. Mr. Chadrashekhar Chadrashekhar
Sohoni Sohoni
& &
Mr. Mr. Umesh Umesh Kulkarni Kulkarni
Eterno Eterno
Infotech Infotech
Private Private
Limited Limited
2 2
Company has Company has
been been
registered and registered and
space allotted space allotted
to them to them
Prof. S K Prof. S K Nandy Nandy, ,
SERC SERC
Morphing Morphing
Machines Pvt. Machines Pvt.
Ltd. Ltd.
1 1
Policy Framework
Policy Framework
for
for
New Venture Incubator
New Venture Incubator
(NVI)
(NVI)
NVI Mission
NVI Mission

To accelerate new venture
To accelerate new venture
development in conjunction with
development in conjunction with
technological innovation from within
technological innovation from within
the Institute environment and the
the Institute environment and the
Institutes extended community.
Institutes extended community.
Principal Participants
Principal Participants

The Institute (Faculty, Students,
The Institute (Faculty, Students,
Alumni, Administration)
Alumni, Administration)

Funding Agencies
Funding Agencies

Investment community
Investment community

Industry
Industry

Entrepreneurs (Incubatees)
Entrepreneurs (Incubatees)
Professor as a mentor
Professor as a mentor
Student completing his degree
Student completing his degree

entrepreneur
entrepreneur
Alumni
Alumni
-
-
business development
business development
Government
Government
-
-
seed funding
seed funding
Academic institutes
Academic institutes

incubator
incubator
Venture capitalist
Venture capitalist

funding
funding
NVI Framework
NVI Framework

Flexible incubation model designed to
Flexible incubation model designed to
accommodate various funding agencies
accommodate various funding agencies

Contractual agreement between NVI and
Contractual agreement between NVI and
incubated ventures (Incubatees)
incubated ventures (Incubatees)

Adaptive policy framework which may be
Adaptive policy framework which may be
customized through formal review process
customized through formal review process

New venture focus and specific agenda may
New venture focus and specific agenda may
vary depending on objectives of funding
vary depending on objectives of funding
agency [e.g. MIT]
agency [e.g. MIT]
Operational Framework
Operational Framework
New Venture
Application
Application
Review
Admission to
Incubator
Performance
Review(s)
Graduation
(On-time or Early)
Maximum
Of 2 years
Preliminary portfolio
Of 3-5 companies
Performed every
3 months

Incubation for up to 2 years
Incubation for up to 2 years

Seed Funding
Seed Funding
Unsecured Debt Capital Unsecured Debt Capital
Convertible to equity by mutual consent Convertible to equity by mutual consent

Infrastructure assistance
Infrastructure assistance
Office space and general infrastructure facilities Office space and general infrastructure facilities

Mentoring and Advisory Services


Mentoring and Advisory Services
Access to a range of professionals and services Access to a range of professionals and services
NVI Services to New
NVI Services to New
Ventures
Ventures
Facilities
Facilities
Offer a structural and supportive environment. Offer a structural and supportive environment.
Software tools for identified areas Software tools for identified areas
Supply, power, water, phone, internet, canteen facility Supply, power, water, phone, internet, canteen facility
Secretarial, Accounting, legal Secretarial, Accounting, legal
Management assistance Management assistance
Seed funding Seed funding
Angel funding Angel funding
Interacting with VCs Interacting with VCs
Test Test beed beed funding funding
Access to financing Access to financing
Alumni support (techniques and financing) Alumni support (techniques and financing)
Exposures to critical business on technical support Exposures to critical business on technical support
services services
Training (employees) on human management Training (employees) on human management
Major Venture Capitalists
Major Venture Capitalists
-
-
Visitors
Visitors
Bangalore Bangalore Intel Technology India ( P) Ltd` Intel Technology India ( P) Ltd`
Bangalore Bangalore Sarnoff Innovative Technologies Sarnoff Innovative Technologies
P. Ltd P. Ltd
Place Place Name of the Investor Name of the Investor
Toronto, Canada Toronto, Canada Pulsar Ventures Pulsar Ventures
United Kingdom United Kingdom AGES AGES
Hyderabad Hyderabad CII CII New Ventures India New Ventures India
Singapore Singapore Upstream Ventures Upstream Ventures
USA USA Kleiner Kleiner Perking Perking
Santa Clara, USA Santa Clara, USA Silicon Valley Bank Silicon Valley Bank
Toronto, Canada Toronto, Canada XIRS Ventures XIRS Ventures
Seattle, USA Seattle, USA Digital Partners Digital Partners
Kochi, Kochi, Kerala Kerala Kerala Kerala Venture Capital Fund (P) Venture Capital Fund (P)
Ltd Ltd
Bangalore Bangalore Axcend Axcend India India Pvt Pvt Ltd Ltd
California, Mumbai, Bangalore California, Mumbai, Bangalore West Bridge Capital Partners, West Bridge Capital Partners,
Mumbai Mumbai View Corporate Advisors View Corporate Advisors Limted Limted, ,
Major Venture Capitalists
Major Venture Capitalists
-
-
Visitors
Visitors
Massachusetts, USA Massachusetts, USA Charles River Ventures Charles River Ventures
California, USA California, USA Telesoft Telesoft Partners Partners
Place Place Name of the Investor Name of the Investor
Victoria, Australia Victoria, Australia Dandolo Dandolo Partners Partners
California, USA California, USA Ion America Ion America
California, USA California, USA Bessemer Ventures Partners Bessemer Ventures Partners
Bangalore Bangalore Emergent Ventures India (P) Ltd Emergent Ventures India (P) Ltd
Mumbai Mumbai WBCP Advisors (P) Ltd WBCP Advisors (P) Ltd
California, USA California, USA Krypton Consulting Incorporated Krypton Consulting Incorporated
California, USA California, USA Walden International Walden International
Victoria, Australia Victoria, Australia Wyld Wyld Group Pty Ltd Group Pty Ltd
Victoria, Australia Victoria, Australia GBS Venture Partners Ltd GBS Venture Partners Ltd
Victoria, Australia Victoria, Australia Melbourne University (P) Ltd Melbourne University (P) Ltd
Victoria, Australia Victoria, Australia Zmod Zmod Innovations Pty Ltd Innovations Pty Ltd
The Society for Innovation is itself a remarkable example of innovation in the best interests
of IISc and the country. I admire your success to date and look forward to your even greater
success, as an example of what can be done.
All best wishes
Lita Nelsen
Director, Technology Licensing Office
Massachusetts Institute of Technology, Cambridge
27-01-2006
Technology Licensing Office
Technology Licensing Office
Stanford University
Stanford University

Strengths
Strengths

Electrical engineering & Management


Electrical engineering & Management
Faculty play a proactive role.
Faculty play a proactive role.

Large presence of entrepreneurs in the


Large presence of entrepreneurs in the
surroundings
surroundings

Royalties on Innovations
Royalties on Innovations

Music
Music
synthesizer, DNA,
synthesizer, DNA,
Google
Google
Role of Alumni Cell
Role of Alumni Cell
Alumni experienced in starting & selling companies
Alumni experienced in starting & selling companies
-
-
can become partners.
can become partners.
-
-
can visit
can visit
IISc
IISc
& deliver lectures on
& deliver lectures on
entrepreneurship, management etc
entrepreneurship, management etc
-
-
can advise in patenting process
can advise in patenting process
- -
can create business for the products
can create business for the products
-
-
can connect the
can connect the
incubatees
incubatees
to Angel funding &
to Angel funding &
venture funding
venture funding
BEST SUITED FOR HAND BEST SUITED FOR HAND- -HOLDING EXERCISE HOLDING EXERCISE
Thank You
Thank You

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