The Bangalore-based B-school, Global Institute for Corporate Education (GICE), has established a start-up incubation centre in collaboration with Bangalore Alpha Labs (BAL). To be called GICE Start-up Incubation Centre, it will both nurture young entrepreneurs and address one of their major concerns - human resources - by getting students of the B-school to intern with the start-ups during their two-year course.
The GICE Start-up Incubation Centre will be housed at the GICE campus in Bangalore.
Rajeev Paripoornam, dean of GICE, said the new incubator will provide guidance and support to budding entrepreneurs across sectors, to run their businesses effectively. It will also support students who want to become entrepreneurs, and will help entrepreneurs to reach out to organisations that may be able to help them in specialist areas.
He added that GICE's association with start-ups will last between 18 and 36 months.
"We have to develop a curriculum in such a way that students will have enough time to work with start-ups based on the latter's requirements. This may range from one hour to four hours per day," he said.
GICE has received 10 inquiries so far, and hopes to be able to rope in 30 start-ups over the next six months.
