icici knowledge park
TRANSCRIPT
IKP Knowledge Park
Mission: To create a world class ecosystem for fostering leading
edge innovation
Objective: To nurture an environment for innovation and thereby
increase the competitiveness of the region and the country
Central theme: Enable technology innovation led sustainable
growth through a Science Park & Incubator model
Goals:
Create enabling infrastructure
Incubate innovative entrepreneurs
Integrate stakeholders (industry and academia, small and large
companies)
Collaborate to build ecosystem
Create impact
What we do….
Inspire
Incubate
IntegrateCollaborate
ImpactIKP
Industry,
Entrepreneurs
Academia,
Innovators
Funds, VC, Angel,
Banks
Government
Non-profits
IKP’s Evolution
Science
Park
Life
Science
Incubator
2000 2006 2009
TTO.Grants
Mngt
2010
IKP
EDEN
2013 20152011
Seed
Fund
Accel
erator
BIRAC
SEED
FundVIC
Bio
NEST
Incub.
IKP EDEN
HubsBRIC
BIG GCTBC GCAgNGCE
2016 2017
2012
GC KGCE
India
2013 2015 20162011
INFRASTRUCTURE
ECOSYSTEM DEV
FUND MNG:
EQUITY/LOAN/ GRANT
4 Activity Verticals
Infrastructure Management
Provides Lab space, Land, Infrastructure, Facilities, Office
Primary Stakeholders – Companies seeking space
Incubation, Acceleration and Entrepreneurship
Life Science Incubator and Core Instrumentation Facility in Hyderabad
Hardware Incubator and Makerspace, IKP EDEN (Engineering Design &
Entrepreneurship Network) in Bangalore
Setting up Incubators in Jalahalli, Bangalore and 4 Tier II cities of Karnataka
Primary Stakeholders – Startups; innovators, industry for use of core facilities
Fund Management
Function: Scout, Select, Fund, Monitor and Mentor innovators in partnership
with funding agencies - raise funds (grant, soft loan, equity),
Primary Stakeholders – Innovators, startups, funding partners
Ecosystem Development
Policy making, Awareness, Advocacy, Capacity Building, Pre-incubation
Primary Stakeholders – State and National govts, international agencies,
companies, educational institutions, students, civil society
IKP Hyderabad
Life Science Incubator
10,000 sft of wet lab space
Shared analytical facility
65+ companies incubated since 2006
IKP EDEN - Going from Prototype to Product
Hardware Product Incubator
Incubated 65+ startups
25,000 sft of space
Metal Prototyping
Wood and Acrylic CNC
Injection Molding, 3D printing
Electronics Testing
PCB Milling and SMT Pipeline
Wet Lab for Molecular Diagnostics
5 Satellite Centres being set up in Jalahalli (Bangalore), Mysore,
Mangalore, Belgaum and Shimoga
Created Brand IKP
Globally recognized for promoting innovation across India
Park campus as benchmark for life science parks
Recognized by global agencies for Grant Management
Neutral, ethical organisation with a dedicated, high performance team
Won several awards; CEO on several innovation committees/boards
Strong partnerships
Central Govt: DBT, BIRAC, DST, DSIR, M-MSME
State Govt: Govt. of Telangana, Govt. of Karnataka
International Agencies: Bill & Melinda Gates Foundation, USAID, DFID
Building a culture of Innovation
Touched over 7,000 innovators through various programmes
BIRAC Regional Innovation Centre @ IKP for Policy recommendations
IKMC Conference an annual flagship event
First Makerspace at scale in India
Impact …1
Companies supported (located/incubated/funded/serviced)
~300
International companies from US, Japan, Germany, Israel, France,
Canada,
Satisfied large companies – DuPont, US Pharmacopeia, Daicel,
Adama, ITW, AMRI, Advanta, Biological E, Coromandel ….
Huge growth stories – Laurus Labs, Matrix,GVK Bio, Sai Life Sciences
270+ startups/innovators; 160+ grant/seed funded, 150+ incubated
~300 patents filed by IKP companies
Funds raised
Infrastructure and core operations: ~ Rs.74.5 cr (US$ 11.5M)
Innovation seed funding: ~Rs. 120 cr (US$18.5M)
Impact …2
Successful investment multiplier
Around Rs. 50 cr (US$7.5M) investment by IKP in the Genome Valley
Park has catalysed over Rs.1500 cr (US$230M) investment by
companies (30x)
Their investment outside campus is several folds more
Contribution to Tax revenue every year
Jobs Created
Direct jobs generated:
6,000+
Indirect jobs : 25,000+
Jobs created by graduate companies in their manufacturing set ups will
be several orders more
Impact …3
Startup Success Stories
Windmill Health
Neonatal Resuscitation
Sohum Innovation
Infant deafness
EverWell Health – TB Control
Cervical Cancer Detection
Predictive Imaging, ML
for oral, liver cancer
Antimicrobial Resistance
Raised Angel funding
Complex generic
formulations API: Went public in Dec 2016;
valuation of INR 4,500 Crore
Remedio
Diabetic Retinopathy
Startup Success Stories
Low cost synthetic
pheromone based Pest
Control technology.
Strategic tie up with a
US based company
Bio-electrochemical system for
waste-water management in
hydrocarbon industry Received startup fund
from Oil India;
winner in the Indo-Israel Innovation
Challenge.
Plant pest management
by nematicides.
Collaborative field trial
with MNC
GPS Renewables
Waste to Biogas
Installations in India
and 6 other countries
Awards and Recognition
Best Biotech Park & Incubator Award,
2013, ABLE
Most Engaged Incubator Award 2015,
TiE, Hyderabad
Best Incubator Award,
2007-08, NSTEDB, DST
National Entrepreneurship Award 2017,
Min. of Skill Dev. & Entrepren. GoI