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Centre for Incubation & Business Acceleration creates a creative, innovative and a friendly startup culture to host future ready enterprises.

SCORE BOARD

Our numbers speak about our expertise and contribution towards the startup ecosystem.

63

Startups

500

Employment Generated

10 cr

Fund raised

6

Awards

Innovative Ideas? Call us now

CIBA an Incubation Centre in Goa provides a whole new startup ecosystem for the new business.

CIBA provides incubation support, co-working space , mentoring, funding linkages, business marketing and branding support to transform your innovative ideas into profitable business.


Seed Funding

3D Printing

Mentoring

Auditorium

Cafeteria

Conference Room

Co-Working Space

Event

Food Processing Lab

Networking

Training

Meeting Room

Events

Events and talks by mentors help to upgrade your skills, network with fellow startups and boost creativity and innovation. So register for our next event and get a fresh dose of knowledge.

Benefits

Service Tax exemption (up to 50 lacs)

Professional services at discounted rates

Amazon Web Services credits up to $ 1000

Microsoft BizSpark credits $ 1000 +

Access to Research, Mentor and Business networks

Knowledge is Power ; Keep updated

Food-tech Ventures Digging a Bite in the Goan Startup Scene

Food-tech Ventures Digging a Bite in the Goan Startup Scene

24th October 2017 | Decision Tree Consulting

A trending anonymous quote on the internet says, “I won’t be impressed with technology until I can download my food.” Well, while we are yet to download the food from a smart device, technology is surely playing an important role in connecting hungry mouths with all kinds of foods, across the globe.

Whether it is innovating new flavours and foods or processing food for a prolonged shelf life or cutting corners (in a good sense!) and finding alleyways in food delivery and supply chain – technology is influencing every day hunger management around the world.

The sunshine state is not a different story. For decades, Goa is synonymous with a lifestyle rich with sumptuous food and exotic drinks – of course, apart from its pristine beaches and vibrant culture.

How are Goan Startups Making Advances in Food Technology?

Goans have a special place for food in their hearts. Add to the fact that most Goans have global exposure; it is quite natural for the state to witness a lot of gastronomical innovations.

What meets the eye is the slew of new theme-based gourmet restaurants popping across Goa, especially before the start of the tourist season. However, there is much more cooking in the food technology space in the state that meets the eye.

From spice-based liqueur to organic, healthy snacks to frozen foods, Goan startups are busy making innovative foods and drinks and also finding novel ways to connect food vendors with the hungry mob.

CIBA (Centre for Incubation and Business Administration), an incubation centre in Goa, has an important role to play in transforming Goa into a food technology startup hotbed. The incubation centre has three centres; two in Goa and one in Mumbai.

The Verna, Goa, centre offers a state-of-the-art food processing lab where food entrepreneurs can come and dabble in food technology, at a negligible cost. Not just that, CIBA also offers food technology startups in Goa in raising seed funding, obtaining food and other requisite certifications, mentorship, patenting and marketing.

“We offer end-to-end support to food technology startups, from the stage of testing their recipes and formulas in our fully-equipped food processing lab to securing their inventions through patenting to helping the startup stand on its feet through constant mentorship on marketing and business operations management,” says D. S. Prashant, General Manager, CIBA.

The incubation centre supports several individuals in testing their food products in its food processing lab and also creates awareness on the subject of food technology through various seminars, talks and workshops. Recently, CIBA conducted the ‘Entrepreneurship Development Programme in Food Processing’, a six-week program to help people who wanted to launch their own food processing venture.

Previously, CIBA had supported Licor Armada, the now world-famous spice-based fine liqueur. It is presently incubating Foodbudz, an innovative food takeaway platform that is bridging the gap between customers and food vendors.

The Road Ahead

A lot of people from around the world come to Goa each year. Some revel over the weekend, while others stay for a couple of months. In any case, the demand for innovation in food is increasing each year. This is causing many youngsters to look at food technology as a promising area for entrepreneurship in Goa, and incubation centres like CIBA set the stage for innovation to simmer into marketable food products.

 

 

Why Goa attracts entrepreneurs

Why Goa attracts entrepreneurs

6th October 2017 | Decision Tree Consulting

The balmy shores of India’s foremost holiday destination – Goa – pull vacationers from far and wide. But if you scratch beneath the surface of the lazy veneer that the state so famously adorns, you’d be surprised to discover young and energetic entrepreneurs, dreamers and hustlers, who have come together from various corners of India to give shape to their entrepreneurial dreams.

 

Yes, Goa is certainly about the sun, the sand, the sundowners and frolic. But it is also about innovation, technology, an enviable work-life balance and a progressive government that is a big boost to entrepreneurship in Goa.

 

No surprise then, entrepreneurship in Goa is on the rise. From the inspiring story of one determined woman turning a corner shop into a widely patronized restaurant – Martins, to homegrown heroes such as Fleetrover, Browntape, Prototyze and Vacation labs, startups in Goa are taking the world by the storm.

 

In fact, innovation has always been synonymous with the state that provides an ideal environment to nurture the mind as well as businesses - think clean, green and peaceful locales, the not-so-crazy traffic, cheaper office spaces, supportive government policies and constantly developing infrastructure.

 

 A boost to the startups in Goa

 

The government of Goa released a start-up policy aimed at making Goa a top start-up destination in 2025.

 

“We want to feature in 25 top start-up destinations in Asia by 2025. Goans can avail benefits of the policy and launch start-ups at different locations across Goa,” said IT Minister Rohan Khaunte. (Read more here)

 

The initiative will provide assistance to Goan entrepreneurs, generating employment for at least 5,000 Goans over the next five years.

 

Incubation in Goa

 

Encouraging and mentoring young minds to pursue entrepreneurship and supporting several fledgling startups in IT and food tech are the incubation centres in Goa such as CIBA (Centre for Incubation and Business Acceleration), earlier Agnel Entrepreneurship Development Institute, leading the entrepreneurial wave that has washed over the state in the past few years.

 

CIBA, a public-private venture, was set up in April 2012 with an aim to support the startup ecosystem in the state through mentorship, co-working space and funding at the seed stage. Owing to the state focus on unconventional areas such as food processing, clean technologies and solid waste management, several young entrepreneurs have sought incubation in Goa, and found the perfect environment and support to grow their business ideas into reality.  

In short, Goa boasts of a vigorous infrastructure apart from incubation facilities and pristine environment that is at the core of the pursuit of innovation. In addition, a large number of engineering graduates in the state, natural fluency in the English language, a slow pace of life and better work-life balance are all incentives for entrepreneurs to set shop on the sunny shores of Goa that are fast becoming the innovation hubs of India, and for good reason, too.

Goan start-ups leading the way

Goan start-ups leading the way

25th September 2017 | Decision Tree Consulting

Entrepreneurship in Goa is at an all-time high. This is the time when Goan startups are constantly in the news for creating innovative products, platforms and services. Be it spice-based wine, craft vacations, hyperlocal services or fleet management, startups in Goa are making a splash around the world for their compelling business ideas that can scale quickly and profitably.

What is causing this sudden boom of startups in the state?

Well, there is nothing miraculous about the fact that the words innovation and Goa are being written on the same line. Several people and institutions have worked hard to prepare a favourable environment for breeding startups in the state. At the forefront is CIBA (Centre for Incubation and Business Acceleration), earlier Agnel Entrepreneurship Development Institute, a leading incubation centre in Goa.

CIBA focuses on empowering IT and food technology startups, and since its inception in the year 2000 (as Agnel Entrepreneurship Development Institute), the incubation centre has supported over 5,000 fledgeling startups in the state.

In the recent past, CIBA revved up the startup initiatives in Goa and is on a mission to educate and inspire young minds to pursue innovation and entrepreneurship. Their efforts have certainly contributed in kindling the spark of entrepreneurship in Goa.

What makes Goa an ideal destination for startups?

Goa is perceived as the penultimate place to rest one’s body and mind. It is a perfect place to launch your startup, too!

-   Infrastructure: Goa boasts of a robust infrastructure to prosper commerce and trade

-   Incubation facilities: CIBA with its two-state-of-the art incubation centres in Goa, together with Springboard91, offers ample incubation opportunities for startups

-   Great Environment: Goa offers pristine beaches, fresh air and lush-green stretches, in short, an ideal environment to rejuvenate mind and soul, a fundamental requisite for the pursuit of innovation

-   Access to bright and enterprising local talent

Launching a startup can be a stressful task; hence, more and more entrepreneurs are heading towards states like Goa where the pace of life is slower, and quality of life is higher.

Blue-eyed Startups of Goa

L&A Tech: The Verna-based IT startup, mentored by CIBA and GITIC, has been acquired by a German IT company for 1 million euros, the first such acquisition for any Goan startup.

Transerve Technologies: A leading Hyperlocal technology company, Transerve offers solutions to improve city operations. Initially incubated at CIBA, it is helmed by IIT- Kanpur alumnus, Amarsh Chaturvedi.

FleetRover: An end-to-end enterprise software for fleet management, FleetRover is currently tracking thousands of vehicles and enabling several clients to make informed business decisions. FleetRover is founded by Luke Sequeira along with his friends. Luke is also the founder of DCCPER, which helps entrepreneurs around the world to build scalable web and mobile apps.

Licor Armada: Born in Goa, raised in Portugal and educated in UK, Oscar de Sequeira Nazareth founded Licor Armada, a handcrafted spice-based liqueur reminiscent of the Portuguese Colonial Era. Today, the startup not only sells in the upscale hotels and restaurants, but also exports to UK and Finland.

There are many other Goan startups such as Zooter, Vacation Lab, Prototyze, Poocho, etc., who have helped in putting Goa on the startup map of the world.

 

As the sunshine state transforms its perception from beach-wear to business-wear, many entrepreneurs queue up to seek incubation in Goa. If the trend continues, it won’t be long when Goa and innovation would become synonymous to each other.

5 Offline Marketing Tricks for Startups to Grow Business

5 Offline Marketing Tricks for Startups to Grow Business

13th September 2017 | Decision Tree Consulting

Surveys state that only 60% of urban India has access to internet. Therefore, to target a larger audience, apart from social media networking and digital marketing, offline marketing tricks are necessary to grow your business.

Most businesses are effectively leveraging digital marketing to grow their reach. However, that does not mean offline marketing is out of date. Even today, no business can afford to ignore the power of face-to-face marketing or the reach of printed material such as brochures and fliers. In this post, we share with you 5 cost-effective proven offline marketing tricks that will give you results:

1.       Printed Marketing Material

Business cards and flyers that are well-suited to your objective give your target audience a clear picture of what your business is about. Whether you are a startup or an established local business, attractively designed brochures, flyers or leaflets can help you take your business to the audience in a cost-effective way. Through printed material, you can offer a free service or consultation that will pique the interest of your target audience and is sure to generate good leads.

 

2.       Network your Way to Growth

Attending networking events, seminars and business meetings keep you up-to-date with your industry, increase your visibility and help you network with other service providers as well as potential clients that can be added to your mailing list for direct marketing. Volunteer to speak at these events as it is cost-effective and provides an exposure for your startup. Ask for referrals from past clients that you can talk about and hand out feedback forms as it shows your audience that you care about your customers.

 

3.       Promotional Merchandise with your Company Logo

Merchandise like magnets, stationary and mugs are an arsenal. Through this, at a low cost, your startup can achieve a massive outreach and recognition. These customized items have a large impact on your small business as when used in their everyday lives, can keep your business at the top of their mind. Customizing items related to your business could also be beneficial for the growth of your startup. For example, if you have opened a restaurant, you could customize recycled carry bags and tissues. This merchandise can also be given complementarily to a product or as a free giveaway to increase your customer loyalty.

 

4.       Rule the Print media

While it is quite an expensive deal to run a nation-wide advertising campaign in a leading daily, startups can certainly take the route of PRs and editorials to reach to the masses at a very low cost. With most dailies having a digital avatar too, your brand is bound to reach prospective customers from varied demographic and economic backgrounds.

 

 

5.       Hit Below the Belt (BTL)

Explore the various BTL marketing options that are innovative, engaging and cost-effective. Whether a mob flash or sampling stall or the good old hoarding advertisement, BTL campaigns have the power to engage the customers’ attention for a long period of time.

 

It does require a lot of personalized effort and planning to reach out to the customer directly and introduce your brand. Yet it is the most effective way of impressing your brand upon the mind space of your target audience. After all, people do business with people and believe what they see with their own eyes. So, until bots start buying stuff, offline marketing is a good idea for your brand.

 

About CIBA: Fostering entrepreneurship in Goa, CIBA (Centre for Incubation and Business Acceleration) is a leading incubation centre in Goa which has already nurtured 40+ fledgling startups since its inception. CIBA welcomes Goan startups to incubate at any of its three premises in Verna, Assagao and Mumbai.

 

 

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