Times of India Article on Pre-Incubation

Pleased to share Times of India, reported about our pre-incubation program and a few startups from this cohort.

The Anna University Incubator with the support of Atal Innovation Mission has selected 24 startups with ideas ranging from electric super bikes to a social network for food enthusiasts to incubate.

The incubator received 90 applications from faculty members, students, alumni and the public. Of the 90, the incubator filtered 49 ideas before selecting 24 for pre-incubation. The focus areas are smart society, smart health, smart agriculture, education technology, future of wealth and other areas such as security and space.

The 10,000 sqft incubation facility offers sector specific labs, Fablab, pre-incubation space, incubation area, co-working area, a conference centre, spacious break out areas, an administrative office and a reception lounge.

Other startup ideas include innovative ideas such as locust smart repellant and artificial intelligence-based drones.


Partnership with EDII-TN, Launch of Programs and Welcoming 1st Cohort

AIC - Anna University Incubation Foundation, a section 8 company founded by Anna University with the grant from Atal Innovation Mission, Niti Aayog, Government of India, conducted a virtual launch event on 12th of October 2020.

During the event, the foundation, which strives to provide innovation, incubation and startup services to budding entrepreneurs,

1. Announced partnership with Entrepreneurship Development and Innovation Institute (EDII), Government of Tamil Nadu
2. Launched entrepreneurship programs – ‘Aspire’ and ‘Inception’
3. Welcomed the first cohort of start-up co-founders into pre-incubation

Dr.L.Karunamoorthy, Registrar of Anna University, in his welcome address highlighted the guiding principles for the partnership with EDII, TN including facilitation of a strong start-up ecosystem, innovation capabilities, funding support, and also representation of start-ups in policy matters.

Launching the partnership Mr. S.Nagarajan(IAS), the director of EDII, TN and the chief guest for the event, elaborated on the role of Entrepreneurship Development and Innovation Institute and its initiatives such as Innovation Voucher Program(IVP), Tamil Nadu Student Innovator program(TNSI), etc. in Tamil Nadu.

Mr.S.Nagarjan(IAS) also launched Aspire and Inception programs of the Incubation Foundation during the event. While ‘Aspire’ is designed to motivate aspiring entrepreneurs, ‘Inception’ is for budding entrepreneurs with ideas to sharpen their idea pool into a business model.

Dr. M. K Surappa, Vice-Chancellor of Anna University welcomed the first cohort of start-up co-founders into pre-incubation program and mentioned vividly the necessity in today’s world to reinforce entrepreneurship capabilities. He encouraged researchers, students and faculty to pursue entrepreneurial dreams, while impressing upon the need for consistent research.

Highlighting the process of pre-incubation program, Mr.Kumar.S, CEO of the foundation, talked about the number of applications, evaluation criteria and the program structure.

AIC - Anna University Incubation Foundation and it programs are a great opportunity for those aspiring to become an entrepreneur, especially students.

Virtual Launch of Anna Incubator

Anna University, the prestigious university into higher education in Engineering, Technology, Architecture and Applied Sciences, launched AIC - Anna University Incubation Foundation on 19th August, 2020 in a virtual inauguration event.

AIC - Anna University Incubation Foundation is a section 8 company founded by the Anna University with the grant from Atal Innovation Mission, Niti Aayog, Government of India. The foundation which strives to provide innovation, incubation and startup services to budding entrepreneurs.

Dr.L.Karunamoorthy, The Registrar, Anna University and the boar member of AIC-AU Incubation Foundation welcomed the gathering.

Mr. Ramanan Ramanathan, Mission Director, Atal Innovation Mission, and the chief guest for the event, while launching the Incubation Foundation, elaborated on the objectives of driving Innovation, Incubation and entrepreneurship across India and endorsed the incubation foundation to become on par with world class business facility centers. He further elucidated on how this would transform India from a nation of Job seekers to nation of Job creators.

Dr. M. K Surappa, Vice-Chancellor of Anna University launched the virtual tour video of the upcoming Incubation Foundation facilities. Stating that the foundation is to bridge between researchers, alumni, students and the industry, entrepreneurship ecosystem, he urged aspiring entrepreneurs to solve with perseverance socially crucial issues such as nutritious food, healthcare and technology to all. Launching the Pre-incubation Program, Mr .S. Somasegar, Managing Director of Madrona Venture Group and Advisor of the Incubation foundation, highlighted the varied investment interests of the group.

Illustrating the goals of the Incubation foundation, Mr.Kumar.S, CEO of the foundation, talked about the key value proposition, structure of the foundation management and members of the incubation ecosystem.

Announcing Partnership with MathWorks

AIC-Anna University Incubator announces partnership with MathWorks, a leading developer of mathematical computing software.

"MathWorks is excited to support the growth of early stage technology companies by offering one year of free access to our software tools to AIC-AU Incubation Foundation companies. MathWorks will make available an online portal through which your incubated startups/cohorts can register for free access.", says David Rich, Director Marketing, MathWorks.

"We are pleased to partner with MathWorks. Any support or help from our partners will go long way when the resources are thin, uncertainties and risks are high. Simulation is one way to reduce such risks and our partnership with Mathworks provides exactly that.", says Kumar Sachidanandam, CEO of AIC-Anna University Incubator.

This partnership comes into force with immediate effect and all the incubated startups could avail the benefits of this program.

Our Vice Chancellor launches the incubator website.

Prof. M. K. SURAPPA, Vice Chancellor, Anna University launched the newly formed AIC-AU Incubation Foundation's website. While launching the website, he said

"Anna University has been in the forefront of Technical Education in the country for more than two centuries through its Guindy College of Engineering. Anna University has produced some of the best minds in technology, research and innovation and contributed significantly in country’s industrialization in all stages [Industry I to Industry IV]. Our students are leading technology driven innovations and heading companies as successful CxOs.

With technology disrupting every part of our life, business operations, business models and creating new opportunities, it is time to inculcate the elements of innovation, design thinking, prototyping, productising, and growth mindset along with academic rigour.

Glad to announce the establishment of AIC-AU incubation foundation with the support from Atal Innovation Mission, Niti Aayog, Govt of India that will focus on fostering innovation culture, providing incubation and startup support to budding student entrepreneurs from our 4 campuses, 16 Constituent Colleges / Campuses and extended family of more than 550 affiliated colleges. "

Dr. L.Karunamoorthy, Registrar, Anna University and Dr. D.MohanLal, Director Planning and Development, Anna University were also present.