IIIT-Hyderabad
Leading Research In The Country
Mission
“Fostering Deeptech Startups”
BIRAC, Niti Ayog, & FICCI FLO.
About CIE
JOURNEY
Centre for Innovation & Entrepreneurship(CIE) was set up in 2008. CIE-IIITH was supported by DST (TBI) and MeitY (TIDE) in the initial years. Since 2015, the 40,000 sq. ft incubator, which can host 120+ startups. Under the CIE umbrella, there are 3 active incubators:
(i)Deeptech Incubator: This is the oldest and was launched in 2008. The focus is on seeding and accelerating startups backed by deeptech research.
(ii)MedTech Incubator(OJAS): Launched in 2018 with support from DBT (BIRAC). Ojas supports startups in the healthtech domain.
(iii)Social Tech Incubator(AIC): This incubator was set up in 2019 with support from Niti Ayog’s AIM, to incubate and accelerate technology startups with social impact.
In Nov 2021, CIE-IIITH has been awarded INR 5 Crores by DPIIT under Startup India Seed Fund Scheme to provide financial assistance to early-stage technology startups and also, got selected for DST’s NIDHI Accelerator program with a focus to support startups in Mediatech Domain; the accelerator program is called AI in Mediatech; upto INR 40 lacs per cohort support will be provided by GoI. This will be jointly run by Arka Media Works (The production house of Bahubali movie).
Today there are many active programs focused on emerging technology startups, research-based startups, medical technologies, and social technology startups. In the past 13 years, CIE has housed over 300+ startups, that have raised about 200 Cr in funding and created over 2000 jobs.
CIE V2.0
CIE in its V2.0 now is now focusing on deep-tech startups, seeding startups directly out of research, and actively connecting research with startups. We house 80+ startups, running two structured accelerators (one on deep tech, and one on medtec) and very actively engaged in the city startup ecosystem.
Facts About CIE
Inception
CIE IIITH was established in the year 2008
Office Area
The office is spread over 35,000 sqft of area making it a giant workspace for incubating the future of India
Funding & Seeding
Received funding from Department of Electronics and Information Technology (DeitY), NIDHI Seed support scheme, BIRAC under BioNEST scheme, AIC and NIDHI-PRAYAS
Leaders in Incubation
CIE IIITH is one of the largest academic technology incubators in India
Experienced
Think Tank
With a variety of experience, CIE IIITH excels in housing the best staff across the country
Government Recognized
Recognised as a Technology Business Incubator by Government of India’s National Science and Technology Entrepreneurship Development Board (NSTEDB) under the aegis of Department of Science and Technology (DST) in 2012
CIE Stats
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400+
Startups
Supported
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25+
Startups Seed Investment
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60
Crores raised by portfolios
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2500+
Jobs
created
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70
Startups physically incubated in office
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15
Startups have worked with IIIT-Hyderabad research labs
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10000+
Entrepreneurs reached out to