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Home>Innovative Incubation Services

Orchid Techscape - Technology Incubation Centre to Nurture Innovation

The Driver:

The Indian IT Industry has become a global brand. This branding is predominantly driven by the IT & ITES services. While India continues to enjoy the distinct advantage in this sector globally, long term sustainability of growth is of paramount importance both from the Industry's perspective and the Government's perspective. Sustaining the growth primarily needs innovation leading to enhancement in Value Creation. From the Indian IT Industry's perspective, enhancing value creation necessarily means moving up the value chain from service orientation towards creation of Intellectual Property (IP) and high value Products for Global Markets.
Are we up for this? Indeed yes. Today, the Indian IT Industry has a large talent pool with rich product experience and good understanding of Global Ecosystem of Business. Time is just right for unleashing the hidden entrepreneurial spirits of our talent.

Ecosystem:

Innovation happens best in high value startups as is evident from the example of Silicon Valley. However, entrepreneurial ventures usually take the untrodden path where living up to the challenge is the name of the game. High mortality being the result, creation of a supporting ecosystem becomes an essential need to spur success. STPI's effort to create a balanced ecosystem that nurtures and supports high value startups is culminating in the creation of 'Orchid Techscape', an Integrated Technology Incubator.
Orchid Techscape is promoted by STPI, Government of Karnataka and is supported by the industry like TiE, Indian Semiconductor Association and the Academia like IIIT-B.

Advisory Counsel comprising of all the Stake Holders:

Director General, STPI, Govt of India
Chairman, India Semiconductor Association (ISA)
President, TiE
Director, STPI-Bangalore, Govt of India
Secretary-IT&BT, Dept of IT&BT, Govt. of Karnataka
Director, Indian Institute of Information Technology
(IIIT-Bangalore)

Support:

Located at Cyber Park, Electronics City, Bangalore, Orchid Techscape offers a whole range of nurturing and mentoring support besides a truly 'plug n play' facility to the entrepreneurs.

'Orchid Techscape' offers:

Mentoring Support from the Industry
Venture Capital Fund Interfacing (KITVEN & others)
Government backing through STPI and Government
of Karnataka
Academia Intelligence support

Incubation Paradigm:


An Incubator supported by balanced eco-system: Industry, Government, Academia, VCs

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