University Incubators: Turning Ideas into Thriving Businesses

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Many aspiring entrepreneurs and small businesses are striving hard to make it big in today’s cut-throat market environment. While getting it right in a dog-eat-dog business domain is a tall-task, the market’s high risk – high reward nature makes entrepreneurship an alluring career choice for the millennials. As a result, young entrepreneurs are leaving no-stone-unturned to make their mark as successful businessmen.

Flagship initiatives, like Startup India by the government of India, intend to build stronger ecosystems to help entrepreneurs, mentor them to realise the big dream and minimize market entry barriers for them to succeed. In line with the same, several business incubators have been set up, which provide experiential learning and guidance to these Startups to give the initial thrust and also offer business funding for ease of operations. To lead emerging thinkers on surer pathways to victory, Education Institutes are rolling-out campus spaces that foster creativity and speed ingenious ideas from concept to actuality.

In order to keep up with the ever-changing business dynamics and prepare budding entrepreneurs for the on-the-ground challenges, Amity University, India’s leading research & innovation driven Private. University has been training hundreds of students through “Amity Innovation Incubator” across the country. The Incubator gives student entrepreneurs an outlet to their creativity and access to a network of like-minded individuals that they can learn from ‘Amity Innovation Incubator’ is also reckoned amongst the finest in the country today and has a PAN-India network of 17 virtual incubation centres. Not only does it boast of nurturing over 200 young business ventures across diverse industries, but has also been widely lauded by several national organisations and government bodies. The Amity Innovation Incubator consists of a strong advisory board, venture capitalists, technical specialists etc. that support students & entrepreneurs with infrastructure, business advisory, mentoring and business funding

The University’s outlook towards innovation and Startup culture are an extension of the overall philosophy of Amity Education group. The initiatives of the group; that grew on the very vision of adding value to an individual’s capabilities and leading them towards holistic growth and success; have led not only in creating a skilled workforce but also generating employment and strengthening the bridges between industry and academia. The university also maintains a strong foothold in the area of research and development and has setup centres of excellence at multiple campuses to enable researchers to study and publish their work in diversified fields.

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