Indian startup ecosystem has lately witnessed a rapid growth but still some strong support systems are required to make it thrive at par of the global startup ecosystem. Business Incubation Management & Leadership (BIML) program has been launched in this regard by the AIC T-Hub Foundation.
The BIML program is designed to train such managers who run the incubation centers. It is to offer a mix of strategic knowledge, hands-on experience and vital industry connections to them with an aim to equip them with the required tools in the build process of successful and world-class incubation centers. The program is said to be timely and much required as India is seeking to build a powerful startup ecosystem to compete globally.
One key strength of the program is its focus on startup-specific processes. Managers are to get the knowledge of national policies, financial strategies, stakeholder management and also compliance frameworks.
Another significant aspect of the BIML program is its wide-reaching support network. T-Hub has also teamed up with different academic institutions and specialized incubators to ensure reaching various sectors including edutech, sports and technology. The broad collaboration is to create a more cohesive and supportive incubation environment throughout India.
The BIML program is a step in the right direction for India’s startup ecosystem. Empowering managers with the right skills mean T-Hub is strengthening the incubation process and also ensuring the next generation of startups getting the guidance as well support to succeed. The certification at the end of the program will also provide credibility to the leaders.
It is true that the BIML program holds great promises and can help in making India’s incubation centers stronger as well as capable of nurturing the young companies.
