[email protected] to strengthen innovation-driven entrepreneurship in the region

India Business Wire
​The launch of Makerspace at the Atal Incubation Center at the Indian School of Business’s Mohali Campus is a significant boost for startups and aspiring entrepreneurs in the region. Dr. Chintan Vaishnav, Mission Director, Atal Innovation Mission, NITI Aayog inaugurated the facility today. ISB, in partnership with Atal Innovation Mission, Govt. of India, designed the innovative and futuristic makerspace to hold and mentor startups throughout their prototyping and product development journey.

Welcoming the launch, Dr. Chintan Vaishnav said, “Today, Chandigarh tops India’s Innovation Index 2021 in the UT/City State category. As Atal’s incubation center, ISB plays the important role of an ecosystem builder that brings together all stakeholders, this modern creation space will be a cherry on top of the innovation ecosystem. from Punjab. »

[email protected] offers AI and ML lab facilities such as human behavior study software that improves product efficiency and AR/VR test headsets with a dedicated performance area for testing in highly responsive environments. [email protected] is based on a DIY philosophy and provides convenient access to the most essential, exciting and versatile equipment in the maker space: hand tools, laser cutters, 3D printers, CNC router and 3D scanners.

The grand opening of [email protected] was part of [email protected], a day-long event that brought together a community of entrepreneurs, enablers and ecosystem leaders at ISB. [email protected] also hosted a panel discussion attended by senior leaders from government, industry and academia on how to promote a strong and vibrant startup ecosystem in the country.

“Instilling entrepreneurship is at the heart of the Indian School of Business’ approach to business education. The school not only nurtures entrepreneurs but also helps them become established businesses in their field through various initiatives,” said Professor Bhagwan Chowdhry, Head of Faculty at I-Venture. @ ISB, which encourages entrepreneurship and supports start-ups at ISB through various initiatives and programs.

Located within the Indian School of Business, Mohali Campus, AIC is a business accelerator that empowers start-up founders to build high-impact startups. AIC at ISB has incubated over 60 startups to date and sectors include agri-tech, green energy, healthcare and people mobility solutions. Other industry-specific acceleration programs have been launched in the past for social impact, SaaS, women entrepreneurs, and more.

ISB is taking various initiatives to help the startup ecosystem grow in the region. ISB was a founding member of the Startup Punjab hub at STPI in Mohali and more recently has been involved in the ideation of Innovation Mission Punjab, a government-led ecosystem facilitator in the state. Out of the 100 strange unicorns in India, 12 of them have ISB alumni as founders/co-founders.

Makerspace@AIC-ISB to strengthen innovation-driven entrepreneurship in the region