(Supported by DST, Govt. of India) KIIT University, Bhubaneswar Website: www.kiitincubator.in

Pursuing,

Nurturing &

Translating

Ideas

NEWSLETTER September - November, 2017

KIIT-TBI Inks

MoU with BPCL September 5, 2017

An MoU has been inked between KIIT-Technology Business Incubator (KIIT-TBI) and Bharat Petroleum Corporation Limited (BPCL) on 5th September 2017 to promote innovative and technology driven start-up companies. A seven member delegation of BPCL with

Mr R. Ramachandran (Director Refineries),

Mr Manohar Rao, (ED-HSSE & BIOFUELS) and

Mr Arvind Krishnaswamy, CGM (Strategy) visited

KIIT-TBI and signed the MoU in presence of

Dr Mrutyunjay Suar, CEO of KIIT-TBI, start-up

companies and innovators of KIIT-TBI. According to

this MoU, KIIT-TBI will help BPCL in the proper

selection of Start-up Ideas, its valuation, the timing

of Entry and Exit and other key activities relating to

investment in start-up ventures.

BIOINCUBATOR

& NEXUS

COLLABORATION KIIT-TBI Bioincubator has signed an MoU with Nexus, to create a channel for incu-bation support to KIIT-TBI incubatees and promote KIIT-TBI incubation services among startups associated with Nexus and in entrepreneurship network nexus is a part of.

BIOINCUBATOR Signs MoU with

LIFEINTELLECT

An Mou with LifeIntellect, a Bangalore based technology and intellectual property consulting firm has been signed where Bio incubatees can leverage services like effective generation, protection and management of intellectual properties. LifeIntellect will also conduct frequent workshops and hands-on training courses on Patent Law & Patent Searches for students, innovator and entrepreneurs at KIIT-TBI.

INVENT MoU with Jubilant Bhartia Foundation

KIIT-TBI INVENT inks MoU with Jubilant Bhartia

Foundation where the social incubatees will get

mentoring supports and marketing connect.

SIIP Agreement with BIRAC

KIIT TECHNOLOGY

BUSINESS INCUBATOR

KIIT-TBI is now officially running the SOCIAL Innovation

Immersion Program with the current focus being on

Ageing and health. The program will run for twenty

months and the selected innovator will receive a

fellowship up to Rs. 50,000 per month along with a kick

start grant of Rs. 5 Lakhs to develop a proof of concept.

KIIT-TBI collaboration with

To offer Google cloud

platform for KIIT-TBI

startups, a program that

offer startups $100,000

in Cloud Platform free

credit, 24/7 support, and

access to the company’s

technical solutions team.

KIIT-TBI has been partnered with

Ambuja Neotec Hub effective

from October 1, 2017. Through

the MoU, Neotec Hub would

provide the business connect,

marketing incubation, mentoring

and free space to KIIT-TBI start-

ups at their incubator.

MY STORY SESSION WITH MR. SRIKUMAR MISRA, FOUNDER MD & CEO

MILKMANTRA

Mr. Srikumar Misra, Founder MD & CEO of Milk-mantra at KIIT-TBI shared his valuable insights with the entre-preneurs and innovators from KIIT- TBI.

He inspired the young minds by sharing his entrepre-neurial journey so far from heading merger and acquisition deals for Tetley, Tata Group-owned tea beverage company, in London to sourcing milk from farmers in Odisha’s rural areas.

September 15, 2017 It's heartening to see his keen interest in mentoring a few promising start-ups of KIIT TBI and promoting them

HACKATHON GDG Bhubaneswar September 9, 2017

A monthly event was con-ducted by team INVENT of KIIT-TBI at Miteipur, Nimapara, Dt- Puri, Odisha, where the theme was “team building – importance & implications” which was moderated by Dr Srimoy Patra, Dean of Affinity Business School, Bhubaneswar.

“TEAM BUILDING – importance &

implications ”

September 19, 2017

The participants were mix of SHGs,

Women entrepreneurs (aspiring and

existing) and local NGOs. As a result

of this event, INVENT had witnessed

an application inflow of 7 and the

event could spread across the word of

Social Incubation program of KIIT TBI.

The local partners for this event were

LWSIT (Lutheran World Service India

Trust)

Microsoft Dev Community, Odisha brought together everyone to a common platform to learn on Artificial Intelligence, Azure Ma-chine Learning, Building applications using Azure ML, Natural language processing, Pro-gramming with R, Microsoft Bot Framework, AR, VR & Mixed Reality followed with

sharing knowledge and network.

MSDC Odisha. AI - Artificial Intelligence

Bootcamp

September 16, 2017

KIIT-TBI hosted final round of

the hackathon, around 25 teams were selected to built one application using the themes: Machine

Learning and AI, GPS applications using ESRI APIs and Aadhaar APIs to solve 5 problems in web development, machine learning and Android app development in 2.5 hours in a team of two. The final 10 teams were awarded with Rs. 15,000 prize money sponsored by CSM Tech. The 2 runners up teams received Rs. 5,000 each sponsored by KIIT-TBI incubatees iServeU and Lokate.

Startup Pitch with AMBUJA NEOTECH HUB September 22, 2017

November 22, 2017

9 startups of KIIT-TBI pitched and interacted with Mr. Surojit Roy, Operational Head, Ambuja NeotechHub on September 22, 2017.

22 startups of KIIT-TBI pitched their ideas to Mr. Skand Tyagi, Technical Men-tor, NeotechHub on Novem-ber 22, 2017

MENTOR CRAWL The Business Mixture

October 01, 2017

A high impact interactive session "Mentor Crawl - The Business Mixture" was organised at KIIT-TBI bringing together the recog-nized startups under Startup Odisha to discuss their issues with mentors. The startups received quality inputs and shares on various aspects of business from Rahul Dash of Purple.com, A v i n a s h M o h a n t y a n d @priyanka priyadarshini from Amare Lifestyle Pvt Ltd.and Abanis Nayak of Champion of Change. Many thanks to Abheet Dwibedi and Startup Odisha for their support.

INVENT Biannual review

October 27-28, 2017

INVENT Biannual review was held on 27-28th October at KIIT TBI.

The program was facilitated by TDB, DIFD and Villgro. Dr. Bindu

Dey, Secretary, TDB, attended the event and gave her valuable

inputs in making the program more dynamic and impactful. Senior

members from DFID (Anjali Sablok, Karthik Krishnan ), the INVENT

Advisory board(Rakesh Rewari, Ajay Mutreja),TDB Consultant(R.B.

Saxena) and Villgro (Paul Basil, Chand Das, Srinivas Ramanujam,

Rama Kanan) were present. The Incubator heads and program

heads of all the four implementation partners (IIT Kanpur, IIM Kol-

kata, Start-up Oasis and KIIT TBI) were present along with their

teams. Cross learning to integrate the best practices were discussed

and presentations on the progress so far and the road map for the

future were made.

Navigating Patents In India by

Dr Prosenjit Chattopadhaya October 14, 2017

KIIT-TBI Bioincubator organised an Interactive session with Dr. Prosenjit Chattopadhaya. Dr Prosenjit Chat-topadhay, who works closely with Lakshmikumaran and Sridharan Law firm is a registered patent agent and has been actively engaged in prepar-ing, filing and prosecuting of patent applications, both in India and abroad, shared his insights on Navigating Patents In India. He elaborated on IPR protec-tion and enforcement strategies and expert advice for avoiding common pitfalls. Our start-ups had the opportu-nity to ask questions on patents, trade secrets, trademarks, copyrights to the expert. It was followed by one-on-one mentoring session where he addressed the querries of our incubatees.

VISIT of

Dr Purnima Sharma, Dir. BCIL

October 14, 2017

Dr. Purnima Sharma, Managing Director, BCIL (Biotechnology Consortium India Limited) visited the KIIT-TBI Bioincubator facilities and discussed about the future projects and partnership with KIIT-TBI. BCIL acts as an interface between technology sources and technology seekers both within and outside the country.

OPEN GOVDATA HACK October 28-29, 2017

KIIT-TBI hosted Open-GovDataHack - A 24 hr hackathon organised by National Informatics Centre (NIC), Ministry of Electronics and IT in association with Internet and Mobile Associa-tion of India (IAMAI) and StartUp India. Around 200 start-ups and students partici-pated and worked to de-velop apps using the govern-ment data open to all.

Equipping Agri-preneurs with Digital Power

November 6, 2017

An event “Equipping Agri-preneurs with

Digital Power ” held @CAET Gallery, OUAT

by Team INVENT, KIIT-TBI. Mr. Debasis

Sahoo, Founder and MD, Playbook

Consultancy and Mr. Sudhir Mishra, Commu-

nication Head, PPL were speakers in the

program. The event attracted 50 crowd

from Agri-sector.

Road to GES 2017

November 22, 2017

KIIT-TBI hosted "Road to Global Entrepreneurship Summit 2017"

a part of “Road to the Global Entrepreneurship Summit (GES)

Series” organized by FICCI in partnering with NITI Aayog at KIIT

University on 22nd November to celebrate and empower Entre-

preneurship with special focus on women entrepreneurship. The

event was inaugurated with the Leaders from Government and

Industry:

Mr. Nirankar Saxena, Assistant Secretary General & Head Centre for

Science Technology and Innovation - FICCI

Professor Hrushikesha Mohanty, Vice Chancellor, KIIT University &

KISS University

Shri. L.N. Gupta, Additional Chief Secretary, MSME Department, Govern

ment of Odisha, Keynote Address

Shri Badrinarayan Patra, Hon’ble Minister, School and Mass Education

Science and Technology, Special Address

Ms. Jagi Mangat Panda, Managing Director, Ortel Communications

Shri. Prafulla Samal, Hon’ble Minister Micro, Small & Medium

Enterprises, Women & Child Development

& Social Security & Empowerment of

Persons with Disabilities, Government of Odisha,

Shri. Aditya Prasad Padhi , Chief Secretary & Chief Development

Commissioner, Government of Odisha

Mr. Nirankar Saxena Assistant Secretary General & Head Centre for

Science Technology and Innovation - FICCI

Inspiration to

SOCIAL ENTREPRENEUR

November 23, 2017

The event held at KSBT Auditorium,Campus

-11, KIIT University with a crowd of 75 in

association with IIM Calcutta with a crowd

of 75 peoples. INVENT Speakers Mr. Suman

Mukhopadhyay, Director of Banglanatokdot-

com. Mr. K.C .Mishra, Founder E-Kutir,

Mr. Binayak Acharya, Founder, Tatvagyan,

Mr. Amar Kr Jamdhiar- Founder & CEO,

Prosperita Medi360, Ms. Ambika Satpathy

share their journeys to success and inspired

the crowd to become social entrepreneurs.

Healthcare 2.0: Ideas for Innovation and Investments

November 25, 2017

KIIT-TBI Bioincubator organized a half day s e m i na r o n "Hea l t h ca re 2 . 0 : I d e a s for Innovation and Investments" where Mr Arun Venkateshan, CTO & Practice Leader, Health from Villgro shared his insights into Affordable and Sustainable Product Development and the current trends of med-tech disruptions. Our in- house investment head, Mr Raghav Panda too shared his views on funding opportunities for establishing med-tech start-ups. His talk highlighted about the digital health revolution and the emerging start-ups in this field.

The Roadshow GREEN BUSINESS CHALLENGE 2017 November 28, 2017

GIZ, ICCSPL & Labs Indigram in asso-ciation with KIIT-TBI is jointly organiz-ing a Roadshow cum Interactive Meet at KIIT-TBI . It was a fullday event with two sessions: Clean Energy and Agri-tech where the start-ups, Entrepre-neurs and NGOs with business models interested or working on Clean Energy initiatives attended the event. The theme for GBC 2017 is ‘Doubling the farmers income’ through agribusi-ness. The inaugural session was graced by:

Dr. K C Panigrahi, CGM-NABARD

Shri Ashok Choudhury, Deputy Director, OREDA

Mr. Jasmeet Singh, Program Manager, ICCO, New Delhi

Mr. Nitin Singh, Manager Valuechain, ICCO, New Delhi

Social Impact Assessment & Social Audit of Essel Mining & Industries Ltd,

Aditya Birla ,Keonjhar

Funded By: Essel Mining & Industries Ltd. The social audit for the programme

was undertaken by analyzing the

physical and financial performance of

a sample of assets created under EMIL

CSR intervention in the project villages

located at Koira block in Sundargarh

district. The Social Impact Assessment

was carried out in six intervention vil-

lages along with six control villages in

immediate neighbourhood. The data

was collected from the community

along with the village stake holder like

Sarpanch, PRI members, ASHA, AWW

& community volunteers.

Provide of Solar Light to SHG at Nuapada District of Odisha Mahanadi Coalfields Limited, Sambalpur

Funded By: Mahanadi Coalfields Limited. In the 1st Phase KIIT-TBI has provided solar light

to the SHGs of Nuapada District with support

from Karma and funding supported by

Mahanadi Coal Field Ltd.

Health Impact Assessment (HIA), Vedanta, Jharsuguda

Funded By: Vedanta The survey regarding all health parameters of the surrounding community and employees

and to verify co relation of health impact of the business of VL, JSG. The Study was carried

out in 5000 house hold covering 12 villages. The HIA was carried out as per International

Council of Mining & Metal (ICMM).

Celebrated ENTREPRENEURSHIP week

November 8-14, 2017

DAY 6: Regional Science Congress first day

event (around 100 topper students

participated from 100 JNVs across Odisha, Madhya

Pradesh, Chattishgarh. Also explored the facilities of

KIIT-TBI

DAY 7: KIIT-TBI held a business plan competition for the B

School students. The participants had to come up

with the business plan for our in-house start-ups. The

event began by a briefing session by the expert,

then the contestants formed a team of two and un-

derstood the business model of our start-ups which

was later followed by the presentation of viable

business plan. The winners and runner-ups were

awarded with certificates and cash prizes.

DAY 3 & 4: 3D Design Workshop & a visit to Biodesign

Lab.

DAY 5: Doctors Meet - Around 50 doctors of

Navodaya Alumini Association of Odisha

(NAAO) came for an interactive session

DAY 1: The Speakers' series EVENT by

Mr. Sibashis Mishra,

Founder CEO Bookingjini Pvt. Ltd

& Joint Secretary TiE Bhubaneswar

Mr. Rasmiranjan Mohapatra,

CEO Asiczen Technologies

DAY 2: KIIT-Technology Business Incubator house

made open to all. Students and young

entrepreneurs visited KIIT-TBI and ex-

perienced the startup ecosystem and

witnessed how KIIT-TBI is catalysing

innovations. All of them were given a

facility tour, followed by innovation

showcase and visit to our high-end ana-

lytical facilities. The overarching aim of

the program was to create an aware-

ness amongst the young minds about

entrepreneurship.

Faculty Development Programme @KIIT-TBI

September 20 - October 7, 2017

KIIT-TBI in association with School of Mechanical Engineering, KIIT University organised two weeks long Faculty Development programme (FDP) in Entrepreneur-ship from September 20-October 7, 2017. The programme was sponsored by NSTEDB, DST, Government of India. Around twenty five participants including faculty members and mentors of various institutions/organizations were equipped with skills and knowl-edge essential for inculcating entrepreneurial values in students and guiding and monitoring their progress towards entrepreneurial career. The participants were trained through lecture, discussion, interaction, and practical exercises on the various aspects of entrepreneurship development process.

6 BIG

INNOVATORS

3 Individual Innovators

3 Start-up Companies

Vidcare Innovation Pvt Ltd OHS Biotech Pvt Ltd Ameliorate Pvt Ltd

3 EIR

FELLOWS

3 PRAYASEE

5 INVENT

INCUBATEES

5 TECH

INCUBATEES

IIIF, Vishakhapatnam

September 9-11, 2017

5 Startups of KIIT-TBI awarded in the three-day International Innovation Fair -2017 organized by Andhra Pradesh innovation Society in collaboration with Indian Innovators Association (IIA) in Visakhapatnam from 9-11, September 2017 drew unique innova-tive works in various fields. The prestigious event was participated by representatives from 30 countries. The awards were given by Hon’ble Chief Minister of Andhra Pradesh, Sh. N Chandrababu

Naidu and Hon’ble Minister of IT Sh. Nara Lokesh ji.

Gold Medal:

Sanjeeb Singh, Filbert India for the product Codicomb

Sameer Panda, TJ Tyres for the product Burst Proof Puncture Proof

Tubeless Tyre for Scooters

Silver Medal:

Sanjeeb Singh, Filbert India for the product Easy Datun

Bronze Medal:

Chandrasekhar Rout, Orduino Lab for the product Lokate

Dhiraj Choudhry, Etrix Technologies for the product Indifix

Arghya Kamal - A backpack with modular Table and Chair set Santosh Kumar Khemundu - Healthcare beverage Debendra Kumar Sethi - iStick - for visually impared people

Ashutosh Patra - ACTIV Night Vision Fund Assistance - 7lacs Sanjeev Kumar Singh - EasyDatun Fund Assistance - 7lacs Prabhakar Kumar– Revolutionized Household Organic Processing System Fund Assistance - 6lacs

Thoomri.com - A one stop destination of the gorgeous ethnic world of east-ern craftsmanship. XBionic - Real-time diagnosable data for animals SanjivaniForestech - An Agricultural Startup Ecliron Technologies - Antiglare smart device for night driving. Ecogreen Concept - Converting Household Organic waste into green Vegetable

M/S Tatvagyan Think zone - An Education Startup. Fund Assistance - 10lacs M/S Orbonix Labs P. Ltd - A Healthcare startup. Fund Assistance - 20lacs Weekend Works P. Ltd - A waste Management Startup. Fund Assistance - 25lacs Rimaginedis - A waste up cycling company. Fund Assistance - 25lacs C&G Agroventure - An Agri-business startup. Fund Assistance - 30lacs

New Flag Bearers

of

Incubation Movement

@KIIT-TBI

HarvestWild Organics (P) Ltd. bagged follow on funding of Rs 70.00 lacs from Social Alpha (a TATA TRUST initiative) and also received a EOI from a major commodity exporter from Sri Lanka – M/s Eastern Merchants PLC, to supply 20,000 kg per month of cleaning products under private labelling to Sri Lanka & Maldives.

On the occasion of Engineers’ Day, Prof(Dr.) Mrutyunjay Suar CEO, KIIT Technol-ogy Business Incubator awarded with ODISHA TECHNOCRAT AWARD in recognition for his outstanding contribution to technical sector & Research. Organized by: EVER GREEN FORUM September 15, 2017

M/s Lorven Biologics (P) Ltd., an agri start-up has been selected for a final pitch for follow-on funding from Intellecap (a Social incubator).

BIRAC Innovators' meet Two of KIIT-TBI BIG innovators, Dr Nusrat Sanghamitra and Dr Pratik Jain have

represented and showcased their products at the BIRAC Innovators' meet in New Delhi. September 22 & 23, 2017

Master Students from Ravenshaw University with biotechnology and microbiology specialization had their industrial visit to KIIT-TBI where a seminar was conducted to give them an overview of KIIT-TBI and aware them about various funding opportuni-ties available at KIIT-TBI. September 22 & 23, 2017

KREA Food & Beverage Pvt Ltd, Startup Company @ KIIT-TBI crowned with OTV Entrepreneur award and awarded with a cash prize of 10Lakhs in the OTV Odisha Citizens Award 2017. September 23, 2017

Mr. Chandrasekhar Rout, CEO, Orduino Labs Pvt Ltd awarded with the Make in Odisha award 2017 on the occasion of Engineers’ Day. Organised by: EVER GREEN FORUM September 15, 2017

Mr. Chadrasekhar Rout, CEO, Orduino Labs Pvt Ltd. A KIIT-TBI Incubatee raises

fund of 25 lakhs from Ambuja Neotech hub.

Rusicaa Entertainment & Fashion Pvt. Ltd. will exhibit at Khadi India Mela, at Jamshedpur. Rusicaa is also been selected to participate at Paris Fashion week In France, which will be held in Feb 2018.

Rusicaa Trends (P) Ltd., has been selected to represent Jharkhand at UDYOG

INDIA 2017 Trade Fair at Dubai

KIIT-TBI Bioincubator has been selected for BIRAC SEED Fund which will be made available for extending investment equity support in start-ups and innova-tors. October 5, 2017

B IRAC Reg iona l Innovat ion Centre (BRIC) Showcase in partnership with IKP Hyderabad KIIT-TBI Bioincubator innovators showcased their promising innovations at BIRAC Regional Technology Showcase in partnership with IKP Hyderabad . They pitched their ideas infront of the panel of experts which was then followed by networking lunch and exchange of ideas. October 12, 2017

Orduino Labs Pvt Ltd, Incubatee @ KIIT-TBI awarded at ASSOCHAM ―Excellence in Solution among Start-ups Award‖, 2017 October 27, 2017

Harvestwild Organic Solutions Pvt. Ltd. has been selected for Stage III of

USISTEF (United States–India Science & Technology Endowment Fund) for

presentation in California.

ZooFresh Food Pvt. Ltd. has been selected for a funding of INR 20 lacs. by Unltd India Fellowship.

Ashutosh Patra, PRAYASEE @ KIIT-TBI selected for Academia Industry Training (AIT) Cycle 4 jointly organized by Department of Science and Technology (DST), swissnex India and Society for Innovation and Entrepreneurship (SINE, IIT Bombay). November 19-24, 2017

Two incubatees of KIIT-TBI got selected in ―Road to GES‖ organised by FICCI in partnership with NITI AYOG to explore the Global Entrepreneurship Summit 2017 at Hyderabad November 28-30, 2017. Golden Ticket— Mr. Chandrasekhar Rout, CEO,Orduino labs Pvt Ltd, Incubatee KIIT-TBI Silver Ticket — Ms. Anuja Pattnaik, Founder, Adit Bioscience Pvt Ltd, BIG Innovator November 22, 2017

7 applicants were awarded with the Biotechnology Ignition Grant worth of 3.5 crores in the BIG 11th call. They will be soon on-boarded at KIIT-TBI and would start their translational projects. November 23, 2017

Dr. Hardik Makkar, one of BIG innovators was awarded and honoured with the IACDE Excellence - Rising star award for significant contribution in the specialisa-tion at the 32nd Indian association of conservative dentistry and Endodontics national conference at Ahmadabad. November 28, 2017

KIIT-TBI felicitated on National Entrepreneurship day as the best Incubator by MSME-DI, Govt. Of India for promoting Innovations through incubation. 4 of the KIIT-TBI Start-ups, awarded for their extraordinary innovation and emerging as an outstanding enterprise. 1. KREA FOODS AND BEVERAGE PVT LTD 2. ORDUINO Pvt Ltd 3. SLICK ACCOUNTS Pvt Ltd 4. ORBONIX Pvt Ltd November 9, 2017

Biotechnology Ignition Grant

KIIT TBI awarded with

Exemplary Incubation Ecosystem at Melting Pot 2020, hotel Trident, Hyderabad.

Received by:

Dr. Aseem Mishra CTO, KIIT-Technology Business Incubator