Chairperson, IIML EIC
Director, IIM Lucknow
Professor of Organization Behaviour, IIM Lucknow
"IIML-EIC is a business incubator setup by IIM Lucknow at Noida Campus. The Incubator which is organized as a Not for Profit company serves the humanity to explore innovative solutions that address the world’s pressing challenges. Through deep engagement and deep connections, we help our incubated startups commercialize their breakthrough innovations – contributing to improve our world.
Since its inception, IIML-EIC has had an objective to serve the institute (IIM Lucknow) as an incubation platform for entrepreneurship development and new venture creation, and to serve as a catalyst for economic development for our country. By mentoring innovators & founders across campus and beyond, providing best infrastructure, working with the regional & national business community to strengthen ecosystem, and graduating high growth ventures into the local and national economy, IIML-EIC has maintained the reputation as one of the nation’s finest business incubation center.
We continue our commitment to further build and expand the startup ecosystem to transform it to a state of innovation and entrepreneurship so that it may foster the best environment for the economy and citizens."
Faculty In Charge & Director, IIML EIC Professor of Strategic Management, IIM Lucknow
"Our vision is to be trustees of innovation and entrepreneurship in service of humanity. Our mission is to be the best (incubator of choice) in India by 2035. We shall achieve our strategic intent by tenaciously adhering to the values comprising Trusteeship, Transparency & Effectiveness.
We realize that many brilliant ideas fail to mature owing to institutional failures such as non-availability of risk capital and venture capitalists, absence of mentoring on how to bring the product to market, failure to create successful marketing strategies, and failure to integrate professional mode. Add to it the need for regulatory compliances and filings and we have a picture of just a few challenges faced by upstart entrepreneurs.
It shall remain our perpetual endeavour to mitigate these voids and facilitate the creation of an ecosystem to nurture, facilitate, and grow the startups. We shall continue to work tirelessly and without conflicts of interest, upholding our cherished values. Our goals will remain alive till we ensure that our existing and potential incubatees achieve their two dominant objectives, one to create jobs and the second to create wealth."