I-Hub | IIM Sambalpur

About Us

Identifying the need for a dedicated entity for the incubation, IIM Sambalpur I-Hub foundation was registered as a section 8 company in November 2023. As step towards contributing to the startup culture, the ihub incubator was inaugurated on the 1st of March 2024 by Shri. Dharmendra Pradhan, the Cabinet Minister for Education and Skill Development and Entrepreneurship in the Government of India.

I-Hub foundation will operate as a physical and virtual incubator while networking with the various trenches of the entrepreneurial eco-system. The incubator will focus on idea that not only generate wealth but will be a social benefactor.

The following will be the activities of the I-Hub Incubator to achieve the set objectives:

Nucleation of new innovative ideas by creating the environment and opportunities for know- how providers, entrepreneurs and financiers to meet each other and form business teams

Nurturing businesses in their start-up phase by offering not only space but also access to technology support, business mentoring, networks, scientific and information resources, and a generally conducive and supportive environment

Promoting and running an active programme for identification, creation, acceleration and translation (into practice) of innovative ideas suitable for new venture creation

IIM Sambalpur as a Host Institution

IIM Sambalpur has been identified as host institution (HI), as part of the MSME’s incubation scheme. The HI is tasked with the responsibility of exploring new and innovative ideas that can be converted to successful business models from various sectors and identify incubatees. The incubation centre at IIM Sambalpur is set up with this objective of promoting entrepreneurship and starts-ups in the country.