ISBA was started a decade ago (2004), by a small motley crowd of Science & Technology Entrepreneur Parks and Technology Business Incubators that were established under the umbrella of the Department of Science & Technology, Government of India. Today it has grown to a membership base of 100+ incubators that are into entrepreneurship development custom writing here and incubation.
ISBA is registered as a not-for-profit Society under the Societies Registration Act 1860. Its main objective is “To promote business incubation activities in the country through exchange of information, sharing of experience, and other networking assistance among Indian Business Incubators (TBIs), Science and Technology Entrepreneurs Parks (STEPs) and other related organizations engaged in the promotion of start-up enterprises.”
ISBA is the only pan India network of Business Incubators and has an abundance of expertise and knowledge base in technology business Incubation that has been acquired over a period of 25 years. A unique feature is its diversity, with member organisations coming from Academic Institutions / Universities of repute such as IIM-A, IIT Bombay, IIT Kanpur, University of Pune, NIT Trichy, NIT Surathkal, NID, VIT University, PSG etc., Research & Development organisations such as NCL, ICRISAT, NDRI etc. and Technology Parks such as ICICI Knowledge Park, Technopark etc. Further, virtually every emerging technology sector are addressed beginning with ICT and covering Life Sciences, Electronics, Design, Agri-Business, Manufacturing, custom writing here Textiles etc. by the Incubator members.
The main activities of ISBA include:
- Conduct of an Annual Conference that brings together Incubators and other players of the eco-system for networking, experience sharing and new learnings.
- Advocacy initiatives with Central and State Central government on policy, regulatory frameworks, incubation development etc.
- Providing facilitation and escort services to establish more Entrepreneurship Development Centres and Business Incubators in the country.
- ISBA Awards – an annual awards programme for recognizing outstanding achievements of startups and ventures from the member fold.