About IIMV FIELD
IIMV Foundation for Incubation Entrepreneurial Learning and Development (IIMV FIELD) is the Incubation and Startup Hub of IIM Visakhapatnam. We are now one of the fastest growing incubators in India.
- To promote, develop and nurture the culture of entrepreneurship and innovation by way of facilitating, enabling, creating, fostering, supporting, funding/investing, mentoring, managing the entrepreneurial efforts, initiatives, endeavours, and ventures.
- To promote and develop platforms which can provide networking opportunities for prospective and potential entrepreneurs, students, teachers/faculty, researchers, alumni groups, angel investor groups and such other like and to enhance possibilities of mutual learning, sharing of knowledge and experiences; cross-fertilization of ideas; exchange of constructive thoughts and dissemination of best practices among such groups.
- To promote education, research and other programs and activities in creativity, upskilling, re-skilling, re-tooling, incubation, acceleration, innovation, entrepreneurial learning and entrepreneurship development and allied areas of knowledge as well as interdisciplinary studies and domains.
Our Journey so far
We are in Visakhapatnam - a Smart City, an aspirational district, an industrial hub and proposed Executive Capital of the state of Andhra Pradesh. Our Host Institute IIM Visakhapatnam started its operations in 2015 with help of the mentor institute IIM Bangalore. In 2018, IIMV Started Entrepreneurship activities with the Women Startup Program in partnership with NSRCEL of IIMB. In 2019, the incubator got recognized by MEITY as a G3 center in the TIDE2.0 Program. We are the only third generation IIM and one of the five IIM’s to be a part of this program. In 2020, we got incorporated as a section 8 company. In Nov 2021, IIMV FIELD was recognized by NSTEDB, DST and was awarded the NIDHI Accelerator Program.
IIMV FIELD would like to build the incubation center by leveraging the strengths of this region. We are keen on promoting innovation and entrepreneurship by encouraging and supporting the students, faculty members, alumni of the Institute, start-ups, and entrepreneurs across the nation, and specially the region, to translate their ideas and concepts into business models and make their products/services ready for commercialization.
IIMV Startup Policy
In 2021, IIMV FIELD developed an Incubator Startup Policy. We are among the very few IIM incubators to have a comprehensive policy for faculty, students, and entrepreneurs. More details about the Policy can be found here.
Entrepreneurship at IIMV FIELD
Currently, we have Six flagship incubation programs. Women Startup Program aims to support ambitious and innovative women entrepreneurs by enabling them to transform their idea into a business venture. TIDE2.0 Program aims to promote tech entrepreneurship through financial and technical support to incubators engaged in supporting Information & Communication Technology. General Incubation Program aims to support startups from IIM Visakhapatnam and general pool of applications specifically from the regions of AP and TG. Vidyardhi to Vyavasayee Program aims to support student startups in the Engg and Science colleges in the regions of AP and TG. IIMV SUPERS program aims to support PGP Students of IIM Visakhapatnam, as per the institutes Startup Policy. Nidhi Accelerator Program aims to provide acceleration support to women led and technology based startups
We also do several Capacity Building Programs to build the entrepreneurship ecosystem across the Nation and Specifically Visakhapatnam, AP, and TG Regions. Our target audience are Startups, Founders of businesses, Current or Aspiring Entrepreneurs, Student Entrepreneurs in Engg and Science College; These are delivered in the form of Workshop Series, Masterclass Series, Knowledge Series, Founder’s Talk Series, Ask me Anything Series.
All our Programs have received tremendous positive response.