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Hosted in Bangalore's Electronics City, IIIT-B Innovation Centre is a hub for ICT4D research, innovation & entrepreneurship. Incorporated in the year 2009 as a section-8 not-for-profit company, the major objectives of this company are:
IIIT-B Innovation Centre is one of the STARTUP INCUBATION centres approved by Governments of India and Karnataka. More details are available at the following government websites: Startup India - List of Incubation Centres Supported by DST, DEITY-TIDE, Prime Minister's MyGov Initiative and Department of IT-BT, Karnataka.
I-MACX is the flagship initiative of IIIT-B Innovation Centre. This initiative was launched early 2014 with an intent to enable and accelerate (both for-profit & not-for-profit) startups that address the needs of civic & social sectors, using technology. While government and social sectors could benefit significantly from the adoption of emerging technologies (like IOT, Data Analytics, Mobile Apps, SaaS), these are typically under served.
At present, we have:
Born out of Government of Karnataka's Vision 2020, I-MACX focuses on accelerating civic excellence through the intelligent use of emerging technologies. As an Startup Incubation Program, I-MACX aspires to create an ecosystem that nurtures Socially Relevant / Civic-Tech Ventures and Innovations. Such ventures and solutions could help:
While civic-minded student-innovators are nurtured thru courses & competitions as part of the Innovation Studio, civic-tech startups are housed at Plug-n-Play Offices (offered at nominal costs by IIIT-Bangalore) and accelerated at our Startup Accelerator (Zero-Fee, Zero-Equity Program) . Select startups are also provided with Seed-Stage Capital (invested against equity).
With an intent to nurture technology solutions / startups that create meaningful impact to their communities, we focus on the following sectors:
Please find more details about the terms of conditions of our Incubation Program in the following documents - to be signed by program participants:
From the time IIIT-B came into existence, around 50+ members of our institute fraternity have turned entrepreneurs and have successfully launched their own ventures. Some of the notable ventures that have recently made news include: Useready, Fields of View, 47Line, Narmada Prerna Yatra, DataWeave, SBALabs among others.
The I-MACX Studio is an attempt by IIIT-B Innovation Centre to further kindle and nurture the entrepreneurial spirit within the institute community and facilitate research-led innovation & entrepreneurship.
At the I-MACX Studio, our main aim is to enable our students & researchers build socially-relevant startups, from the ground up. The I-MACX Studio helps student-innovators and aspiring entrepreneurs conduct user research, identify market opportunities, develop and demo prototypes of new products / services that address the business challenges of real companies and social organizations.
Through a combination of enlightening business and technology conversations involving both internal and external guests (entrepreneurs, engineers, designers, investors, lawyers and other leaders), short-term and long-term challenges (hackathons, real-life projects), financial support for student ventures, open innovation programs - on an ongoing basis, we hope to enable the larger institute community elevate their entre / intre-preneurial contribution.
Being a part of the of IIIT-Bangalore, we share the institute's commitment to excellence and to making a meaningful contribution to society by supporting the development of socially-relevant ventures.
We provide office space and related resources for anyone looking to start a new, high impact tech venture in Bangalore. The Workspace is open for entrepreneurial teams with innovative & impactful ideas that will positively affect our community within the next 3 years. If your business model has that kind of potential, please do get in touch with us.
A Civic-Tech Accelerator that helps founders (OPEN FOR ALL & NOT LIMITED to institute fraternity):
Startups will be provided with an option to avail the institute facilities (incl. plug-n-play office space and meeting rooms, labs and library, cafeteria and business services) over an extended period of up to 18 months. More importantly, the startups can also collaborate with institute faculty / researchers to develop & launch their product.
Over the past 3+ years, we have helped accelerate more than 25 startups (including OnlineRTI, Srishti ESDM, NSmiles, to name a few). To apply, click here: Apply
The I-MACX Capital is a Seed-Stage fund that offers the requisite risk capital that is needed for innovative & impactful idea-stage startups. This fund is capitalized with the grants that we receive from the Governments of India & Karnataka and CSR grants that we receive from corporates. Over the years, we have invested in 8 civic-tech startups.
Our I-MACX program, Startups and Studio creations have been featured regularly in the media.
Please find below a list of some of the references in the media.