In association with the IITM Alumni Association's Entrepreneurship Forum, IITM Incubation Cell (IITMIC) will provide mentorship from IITM Alumni who have knowledge and experience relevant to the proposed project. This could be in technical or in business areas Incubatees can avail the expertise in IITM in areas of biotechnology or business by consulting faculty members or research scholars
This is offered by IITMIC in areas of legal, accounting and company secretaryship. This can also include IPR services like patent mapping and patent applications.Incubatees can avail these services on a shared basis or on a need basis.
Through IITMIC, incubatees can get access to funding from the Entrepreneurship Support Scheme of the IITM Alumni as well as other venture capitalists and DST.
A vast network of researchers, faculty, businessmen, industrialists, alumni, venture capitalists, governmental agencies and other service providers can be tapped into via the Bio-Incubator.
IITM BI conduct regular workshops, seminars and lectures in specific areas of biotechnology and entrepreneurship. These will be open to students, industry personnel and incubatees. Some of these will also act as a 'Finishing School" for students completing their degrees.