NIRMAAN- Translates to “Creation, Foundation, Construction, Making, Building, Structure, Formation”
Nirmaan at IIT-Madras is the nursery of start-up dreams among our students and faculty. Set up over two years ago to enable creative projects to explore business potential, Nirmaan helps committed teams validate their ideas, approach to market leading to establishment of a start-up company. It is a pre-incubator, where ideas mature towards incubation. The rich talent pool at IIT-M serves as the fountain spring of ideas, the end goal of teams accepted in to Nirmaan is to be accepted into the Incubation Cell (IC) at IITM-Research Park.
Having enabled over half a dozen ideas get incubated, Nirmaan has seen over 20 groups pass through the program. Some have been successfully incubated and raised over 1 Million USD till date. Current cohort has about 20 teams in various business domains including edu-tech, agri-tech, consumer products and advanced technology solutions.
Project teams are connected with mentors, who will guide and nudge these groups towards business success
Wide variety of resources available at IITM including advanced machining, characterisation and computing facilities
Periodic workshops and training on relevant topics such as Lean Start-up, Business Model Canvas, IP/Legal Rights, Pitching, Design Thinking, exposure to various start-up awards
Grant towards development of prototypes and to cover expenses related to evaluation of business hypotheses
Counselling and support on IP Filing, contracts, and establishment of a Pvt. Limited Company
Participation and successfully clearing 2 rounds of funding enables the team members to potentially convert their participation into a free elective
A workspace to think and work on your ideas
Allowing you to store boxes of stock within one of their secure CCTV-monitored warehouses so that it’s there when you need it.
Nirmaan helped Theeta to transform from an idea on my mind to a B plan and then to a product. The mentoring and support from the Nirmaan team had helped us in identifying our pit falls and addressing them at the right time. The team consists of a bunch of approachable professors and members which cherry on the cake.Ashmon M C
Nirmaan helped us in a lot of ways. Personal mentoring by Jeya Ma'am was amazing. She actually cares about our project and invests time with us in improving it. A lot of things in the early stages were possible only because of Nirmaan.Divanshu Kumar
Start-ups are hard and the challenge escalates when one is working on a hardware setup. If IITM can boast of a conducive start-up environment, bolstering the confidence of the studentpreneurs to take the leap of faith, then Nirmaan is the backstage 'Act'. Our story would not have had started without the help of Nirmaan. Inculcating the ideology that funds are necessary 'only to fuel your business growth'. It has been the haven for our cohort of studentpreneurs for the past one year, providing us the stage launchpad wherein we could take our idea from the lab and project it towards the market.Soumalya Mukherjee
Nirmaan helped us with excellent contacts and funding.Taran Singh
Indian Institute of Technology Madras, Chennai-600036