Success in Numbers

  • Venture Center is home to more than 75+ resident start-ups at any given time.
  • In the last 13 years since inception, Venture Center has supported 450 knowledge intensive enterprises, innovators and entrepreneurs in developing IP rich deep-tech products and services through its
    various incubation programs. To know more about our startups, please click here.
  • 90% of companies that have exited Venture Center are actively pursuing their startup stint.
  • Venture Center is a pioneer in India with regard to the creation of Spin-offs. Till date, 10 spin off companies have been created from CSIR-supported laboratories.
  • Over 7000 people have benefited from the 160+ events organized in a year at Venture Center.
  • There are 21 startups in Venture Center’s Equity Portfolio.
  • In FY 2018-19, the total investment mobilized by Venture Centre resident incubatees was ~Rs 76 Cr.
  • Venture Center Startups have generated employment for 445 people, with an average of 10 people employed per startup.
  • In FY 2018-19, Venture Center incubatees reported a total revenue of ~ Rs 20.5 Cr
  • Since inception, the Intellectual Property Facilitation Center at Venture Center has filed over 100 patents and trademarks, with close to 200 beneficiaries.
  • 32% of our startups have women founders / cofounders.
  • Venture Center actively supports and promotes women managers and entrepreneurs (27% of incubatees are women; 70% of staff are women).
  • Over 80% of Venture Center incubates start their journey at Venture Center at the first Technology Readiness Level (TRL – A). Many have seen their TRL levels jump several levels during their stay at Venture Center. 17% of our current incubatees have achieved a jump in TRL by 3 levels. 11% of our current incubatees have achieved a jump in TRL progress by 3 or more than 3 levels.
  • Fiften NIDHI-EIR fellows are being supported by Venture Center. From Round 1, seven EIR Fellows have incorporated their companies, and raised a total follow-on funding of ₹ 3.08 Cr, from various sources (Biotechnology Ignition Grant (BIG), POC Funding, and CSR Grants). The fellows have also made great progress with regard to Intellectual Property. As of 31st March 2019, five fellows registered their IP, and 5 provisional patents and 3 trademarks have been filed.
  • Venture Center is supporting 18 innovators under the DST NIDHI-PRAYAS Scheme, all of whom have registered companies.
  • Venture Center has the distinction of being the only implementation partner selected for the SIIP 2014, SIIP 2016, and SIIP 2017 programs. In fact, Venture Center is the only implementation partner for SIIP 2016. Under the SIIP Program, Venture Center has supported 12 social innovators till date.