About the Programme

The Post Graduate Programme in Innovation, Entrepreneurship & Venture Development (IEV) [ Sponsored by Department of Industries, Govt. of Bihar ] is a full time academic programme designed to enhance business capabilities of the participants and prepare them to start their own enterprise. This unique programme offers pre incubation handholding, live product/service development, proof of concept testing (PoC), compliance fulfilment, IPR management and product commercialization under one umbrella. Participants will come up with their own company by the time of completion of their degree.

Incubation Centre

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), a Section 8 Company. 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.

Course Framework

PGDM-IEV (Post Graduate Diploma in Management, Innovation, Entrepreneurship and Venture Development) course has five Modules, two Action Learning Segments and three Capstone Projects to enable students to learn to recognize, create and shape a business opportunity, develop leadership and build a start-up team, construct business models, and assess market feasibility for launching new start-ups. The details are as:

First Year

Second Year

Note: Adopted from Course Guideline and Curriculum by AICTE.

For Whom?

  • Aspirants willing to start their business/startup soon after completion of their formal education.
  • Participants from the family business background who would like to start their own business or join their existing business with knowledge of business management.
  • Aspirants who are willing to shape up their innovative idea into market ready product and willing to work on its commercialization by creating a startup.
  • Individuals who are more interested to create jobs and be the employer.


The applicant must have a bachelor’s degree from any University/Institution recognized by the Ministry of Education, Government of India. Those in their final year of graduation and obtaining their certificates of completion by August 31, 2023 may also apply. Candidates with experience in startups, businesses or other relevant work experience will be given preference.

Candidates having a valid score of CAT/ XAT/ GMAT/ CMAT/ MAT/ ATMA are eligible to apply.

Selection Process

Shortlisting will be done on the basis of the candidate’s academic record, work experience and Statement of Purpose outlining their interest in the programme. Shortlisted candidates will be asked to appear for personal interview.

Programme Fees


Total Programme Fee (in words): Rupees Six Lakh Twenty Five Thousand only

Hostel, Food and Books: As Applicable

**Sponsored by Department of Industries, Govt. of Bihar:

  1. For General and OBC Category - 80% of course fees will be borne by BSFT (Bihar Startup Fund Trust) and 20% of course fees will be borne by the students.
  2. For SC/ST/Women/Differently abled/Special Category - 90% of course fees will be borne by BSFT and 10% of course fees will be borne by the students.

Important Dates

Sale of Application Form

Applicants can download the application form from our website and will send scanned copy of filled application form along with fee payment slip to us through email on admission@cimp.ac.in . Applicants can submit the hard copy of the application form and other documents at the CIMP counter by hand or by post.

Please contact CIMP Admissions Office on +91 9693223405 / admission@cimp.ac.in for any queries.

Application Form fee of Rs. 1000/- (Rs. 500/- for Scheduled Caste (SC), Scheduled Tribe (ST), and Differently Abled (DA)* candidates) can be deposited through NEFT/RTGS/IMPS in favour of “Chandragupt Institute of Management Patna” Payable at Patna. Details for NEFT/RTGS/IMPS transactions are given below:

Bank A/c name : Chandragupt Institute of Management Patna

Bank A/c No. : 2920000108100915

Bank Name & Address : Punjab National Bank, Mithapur Branch, Patna

IFS Code : PUNB0880500

CIMP will not be responsible for any postal delays or non-receipt of application forms. The applicant must check his/ her application status from Admission Office, CIMP.