The program aims to support early-stage startups, ventures, and changemakers focused on tackling societal challenges while ensuring financial sustainability.


  • “I-Hub will Prove to be a milestone to promote entrepreneurship ecosystem” – Dr. Mahadeo Jaiswal, Director, IIM Sambalpur
  • Last date for Submitting Applications is May 30, 2024 for its Incubator & Accelerator Programme 2024-25

The IIM Sambalpur I-Hub Foundation has invited aspiring startups and entrepreneurs to participate in its acclaimed Incubator & Accelerator Programme (2024-25). The programme is designed to serve as a launchpad for promising early-stage startups, ventures, and changemakers who are focused on addressing significant societal challenges while achieving financial sustainability. The programme also aims to promote responsible business practices that contribute to a more equitable and sustainable future.

Prof. Mahadeo Jaiswal, Director, IIM Sambalpur, informed, “At I-Hub Foundation, we are cultivating a dynamic ecosystem that nurtures innovative startups. The Incubator & Accelerator Programme empowers these startups with the crucial tools and support to achieve success and make a lasting contribution. The I-Hub Foundation’s thrust areas encompass a diverse range of sectors including Textile, Agriculture, Defense, Disaster Management, Women & Inclusive Entrepreneurship, Arts & Tribal Entrepreneurship, Financial and Digital Inclusivity, as well as the Social Entrepreneurship. With a keen focus on these key domains, the foundation aims to foster innovation and sustainable development.” Prof. Jaiswal further informed, “I-Hub Foundation boasts an extensive network of industry, academic, value chain stakeholders and has signed multiple MoUs, enabling it to provide comprehensive support to startups.”

Prof. Diwahar Nadar, Chairperson, I-Hub Foundation, informed, “Aspiring entrepreneurs are encouraged to participate in the Incubator & Accelerator Programme by submitting their applications before the deadline on May 30th, 2024. Following the submission, shortlisted candidates will have the opportunity to present their projects between June 1st and June 14th, 2024. The final selection of ventures will be announced on June 15, 2024.” 

It is to be noted that the Incubator & Accelerator Programme (2024-25) offers aspiring changemakers a robust support system, including intensive training, mentorship from industry veterans, and access to a valuable network. It also offers the privilege of joining the esteemed IIM Sambalpur I-Hub Foundation incubator community and enhancing credibility and recognition within the startup ecosystem. Participants will have access to essential resources such as co-working spaces, funding opportunities, industry connections, and potential investment leads, positioning them for success in their entrepreneurial journey.

About IIM Sambalpur I Hub Foundation:

Leveraging the established strengths of its initial incubation centre launched in 2020, IIM Sambalpur’s I-Hub Foundation, founded in 2024, has emerged as a comprehensive incubator and accelerator programme specifically designed to empower Eastern India’s socially conscious entrepreneurs. The Foundation transcends the traditional role of an incubator by offering a unique synergy of IIM Sambalpur’s academic excellence and real-world business acumen, providing ventures with the tools and knowledge necessary to thrive. Extending beyond physical infrastructure, the I-Hub Foundation boasts a 10,000-square-foot facility with dedicated workspaces and a diverse programme portfolio catering to various stages of a startup’s journey. This includes virtual incubation options and specialized programs like the Drone Centre of Excellence and the Crafts & Arts Incubator. Notably, the I-Hub Foundation prioritizes ventures with a social impact agenda, fostering a new generation of entrepreneurs equipped to address critical social challenges while achieving financial sustainability.

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