Core Purpose: To nucleate and nurture technology and knowledge-based enterprises for India by leveraging the scientific and engineering competencies of the institutions in the region.

Envisioned Future: To be the organisation that will be credited with creating, shaping and sustaining a “Pune cluster” of innovative technology businesses with a significant economic impact regionally, nationally and globally within the next 20 years.

FOCUS AREAS

Focus areas by know-how:

• Material science
• Chemical synthesis
• Biomedical sciences and technology
• Chemical & process engineering
• Research, technology & knowledge management

Focus areas by markets/ sectors served:

• Health care
• Specialty chemicals & nano-materials
• Energy & environment
• Specialty packaging
• Process design & simulation
• Research

Potential products & services of resident companies:

• Manufacturing
• Biomedical products and devices
• Niche chemicals and nano-materials
• Specialty materials science products for various sectors such as packaging, infrastructure, automotives, lifestyle products.
• Select biotech products
• Niche scientific instruments and tools
• Software and Services
• Process design and simulation
• Research and technology management consulting
• IP management services
• Information research/ resources and scientific intelligence services
• Drug discovery services

ACTIVITIES

The core activities of the Venture Center are:

• Nucleation of new business by creating the environment and opportunities for know-how providers, entrepreneurs and financiers to meet each other and form business teams
• Nurturing businesses through their start-up phase by creating and running an efficient business incubator offering not only space but also access to technology support, business mentoring, networks, scientific and information resources, and a generally conducive and supportive environment.
• Promoting and running an active program for identification, creation, acceleration and translation (into practice) of technology ideas suitable for new venture creation.
• Run an active program in building and sharing resources, networks, competencies and special expertise in select areas at the interfaces of technology and innovation, business and entrepreneurship, and government and policy.

ORGANIZATION

• Venture Center (trademark) is registered as "Entrepreneurship Development Center" under the Companies Act, 1956 as a Section 25 (not for profit) company.
• The company is governed by a Board of Directors
• The company is also advised by a Board of Advisors

CORPORATE GOVERNANCE

• Venture Center is conscious of the fact that the success of an organization is a reflection of the professionalism, conduct and ethical values of its management and employees. In addition to compliance with regulatory requirements, Venture Center endeavors to ensure that the highest standards of ethical and responsible conduct are met throughout the organization (more..)
• FAQs on Venture Center
• Disclosures about Venture Center to meet credibility and accountability norms

PARTNERS

• Council of Scientific Industrial Research, India (via the National Chemical Laboratory, Pune): The Venture Center is an intiative of the National Chemical Laboratory under CSIR's scheme titled "Scheme for setting up incubation centres in CSIR laboratories".
• The Venture Center is supported by the National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology (DST), Government of India.
• Other partners are listed here.

MORE INFORMATION

• For Information on the Venture Center, please download these flyer: Information flyer (pdf, 598KB)
• Video: Venture Center featured in ET-Now (13 Feb 2010)
• Video: Introduction to NCL Innovation Park and Venture Center (30 June 2011)
• Important milestones crossed by Venture Center (2006-2011)