IIM Calcutta has plans for 100 start-ups by 2020
IIM Calcutta
IIM Calcutta has announced that it plans to incubate 100 start-ups by 2020.
IIM Calcutta director Saibal Chatterjee said that the IIM Calcutta Innovation Park (IIMCIP) is ready to go for a second series of funding, after it provided seed capital to six start-ups in last two years. The Innovation Park was started two years ago.
"The park is presently incubating 14 start-ups and IIMC has also got the mandate to mentor 40 start-ups in the social enterprise sector under the INVENT scheme for a period of three years", he told reporters in Kolkata on Wednesday.
The INVENT programme is funded jointly by the DST and the Department for International Development (DFID) which is aimed at promoting social enterprise in the low-income states. The verticals in the social enterprise domain are healthcare, education for masses, technological innovation, agriculture, water and sanitation.
“Our objective is multi-pronged. We will identify, mentor and promote about 100 startups by 2020, and ensure that each of them get funding. To make that a success, we need to increase our visibility as well, which is why we are organising the challenge,” said Professor Ashok Banerjee, IIM Calcutta faculty, during a press conference on Wednesday.
The start-ups would get access to the IIM alumni network for mentoring purposes, adding that they would be reaching out to the districts for hunting talent, Ashok Banerjee added.
Dr Subhrangshu Sanyal, CEO, IIMCIP said, “The startups will leverage technology towards finding solutions to these social problems. We will provide a seed fund to help them, provide them with mentorship to help them with the business world and make use of our network.”
There is a fund of Rs 12.5 crore available for 40 startups, which would incubate over the next three years. “IIMCIP would be providing free mentorship, funding and incubation period for a maximum of 24 months, and in return would be charging equity up to 3 per cent,” Sanyal added.
Also read:
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IIM Calcutta MBA fees has not been revealed for academic year 2026. However, MBAex course fees has been revealed at INR 33.50 lakh. This fees is charged in four installments where only two installments at the end are equal.
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IIM Calcutta is responsible for covering 60% of the total PGPEX-VLM course curriculum. Remaining 40% of this course is covered by both IIT Kanpur and Madras in equal percentages. Candidates will cover this course in eight terms in 1170 total classes.
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No, IIM Calcutta MBA admission is not opened for academic year 2027 yet. Candidates should check CAT portal from August for any updates regarding 2027 registrations. Generally, CAT registrations are opened from first day of August
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Candidates are selected based on following factors during PGDBA admissions of IIM Calcutta:
| Criteria | Weights |
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| PGDBA Admission Test Score | 45 |
| PI | 40 |
| Point in class 12 | 08 |
| Work experience | 07 |
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IIM Calcutta MBA admissions require candidates submit copies of these documents:
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IIM Calcutta PGDBA course is open to any candidate who has cleared a UG or PG degree with at least 60% aggregate (55% aggregate for SC/ST/PwD candidates). In 2026, admissions into this course will be managed by Indian Statistical Institute instead of IIM Calcutta itself.
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IIM Calcutta MBA admission has not been opened yet for 2026. Generally, candidates can expect second week of September to be MBA deadline at IIM Calcutta. This is because its accepted entrance exam; CAT is usually scheduled to close registrations by then.
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IIM Calcutta as credited many companies as top recruiters of its MBA graduates. Below mentioned are some of this institute's, top recruiters:
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