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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Anything you would want to ask experts?Answered 2 weeks ago
IIM Calcutta admission 2026 has concluded. Candidates can check below the latest updates regarding IIM Calcutta:
- Last Date to apply for CAT 2026 form is Sep 15, 2026.
- International Conference on Freshwater Sustainable Governance and International Law will be conducted between October 5 to October 7
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Answered a month ago
Candidates can check below are the IIM Calcutta total course fee for some of the popular programmes:
Course Name | Tuition Fee |
|---|---|
MBA | INR 25 lakh- INR 27 lakh |
Certificate | INR 82,600 |
Executive MBA | INR 13.50 Lacs - INR 33.5 lakh |
Note: This is taken from the official sources of the college. It can change.
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Answered a month ago
Candidates can check below the entrance exams accepted for admission in popular IIM Calcutta courses:
| Popular Courses | Selection Criteria |
|---|---|
| MBA | CAT + GD & PI |
| Executive MBA | GMAT + PI |
| PhD | CAT/UGC NET + PI |
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Contributor-Level 10
Answered a month ago
Candidates can check below the weightage given to different factors for MBA admission in IIM Calcutta
| Parameters | Weight |
|---|---|
| CAT 2026 Score | 56 |
| Class 10 marksheet | 10 |
| Class 12 marksheet | 15 |
| Gender Diversity Factor | 4 |
| Total | 85 |
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Contributor-Level 10
Answered 3 months ago
IIM Calcutta MBA tuition fees range between INR 25 lakh and INR 27 lakh. This fees can be paid in four installments, where only two installments at the end are equal. It is as per official sources, but is still subject to revision.
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Contributor-Level 10
Answered 3 months ago
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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Answered 3 months ago
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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Answered 3 months ago
Candidates are selected based on following factors during PGDBA admissions of IIM Calcutta:
| Criteria | Weights |
|---|---|
| PGDBA Admission Test Score | 45 |
| PI | 40 |
| Point in class 12 | 08 |
| Work experience | 07 |
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Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8
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