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The Startup Incubation Centre (SIC) was started in the year 2017 with the active support of the Department of Industries, Government of Bihar under the name of CIMP Business Incubation and Innovation Foundation (CIMP-BIIF). The incubation centre is empanelled under Startup Bihar Policy 2017. Major thrust areas of the centre include startup projects from Edu-Tech, Fin-Tech, Ad-Tech, E-commerce and Health-Tech Sectors. In the year 2019, centre got listed with Startup India. Incubation centre provides facilities like mentoring, plug and play office, co-working space etc. to start-ups.
Based on the guidelines of Startup India and Atal Innovation Mission, CIMP has now made a fully owned Section 8 company to undertake all the Incubation related activities. This separate ROC registered entity is now being named as CIMP Business Incubation and Innovation Foundation (CIMP-BIIF). This entity has been incorporated on 27th December 2021. All the books and liabilities of previous entity has been carried forward to the new entity.
Our vision is to facilitate a platform for empowering and scaling up business ventures with state of art mentoring support.
To build a strong innovation led start-up ecosystem in Bihar maximizing the value to budding entrepreneurs, investors and society.
The objectives of CIMP-BIIF includes,
Mr. Kumod Kumar, CEO, CIMP-BIIF
All the Internal faculty members at CIMP are encouraged for Startup Mentoring. Apart from our own team of Key Mentors (Internal Mentors), we also have an experienced team of external mentors.
Apart from Institutional faculty members as our Key Mentors, we also have an experienced team of external mentors from Academia and Industry. Few of them are namely: -
From Academia
From Emerging Startups
Investors
Industry Expert
