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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

Goa-based startup used blockchain technology to eliminate counterfeits

Goa-based startup used blockchain technology to eliminate counterfeits

26th June 2018 | Decision Tree Consulting

According to a 2016 International Criminal Court Governmental (ICC) report, the total value of pirated and counterfeited goods will reach between $1.9 and $2.81 trillion by 2022 (Source). It is, therefore, not very surprising to see the entire world engaged in an unending battle against counterfeit goods that not only impair the economy but also impact the health of individuals adversely.

However, it seems that the situation could soon turn around as companies such as Counterfeit IQ foray into the market, leveraging blockchain technology to eliminate the issue of counterfeits.

Ganesh Faterpekar, Founder, Counterfeit IQ believes that the issue of counterfeiting needs to be resolved urgently. “The losses due to counterfeiting stand at 1.7 trillion dollars; and, in India, it is estimated to be around 16 billion. The primary industries that are affected are manufacturing – drugs, pesticides, FMCG, spare parts, to name a few. It is not only about money, but there are around 700,000 deaths worldwide, each year, due to counterfeited drugs; an issue that must be addressed to save human lives,” says Mr Faterpekar.

Speaking about the solution introduced by Mr Faterpekar, Counterfeit IQ offers a unique system of eliminating counterfeits by using blockchain technology. The startup integrates anti-counterfeit technology at the manufacturing level for its clients, tying it up to the supply chain using blockchain, enabling the end-users to verify the products with a simple scan.

 

To make the process watertight, the company has developed a three-step process to establish the authenticity of products and documents. The first step is authorization where the app validates the manufacturer. The second step is authorization. Here, the app verifies that the content on the packaging has not been altered or tampered with. Finally, the last step is personalisation where the app matches personalised content such as store information, location and user data, etc. to establish the genuineness of a product or document.

 

According to Mr Faterpekar, Counterfeit IQ is a unique solution to the problem of counterfeits as it can verify the authenticity of products or documents in seconds. He explains that the end-consumer simply needs to scan a product with the app to ensure its genuineness. In case the user detects a fake product, a report is instantly sent to the concerned authorities and companies. The app also includes sophisticated analytics to generate heat maps of areas with high counterfeit activity that can be helpful in fighting the battle against counterfeit suppliers.                                                    

 

In addition to eliminating fakes, Counterfeit IQ enables businesses to gain better control over their supply chain and boost sales with integrated analytics to track sales and customer demographics.

 

The road ahead

 

Counterfeit IQ offers an innovative solution to a serious problem in the market. At a time when most businesses and individuals rely upon logos, holograms and even gut instincts to establish the authenticity of products, the startup offers an advanced solution based on reliable technology to eliminate fakes in seconds.

 

Counterfeit IQ aims to expand its footprint to Australia in the next few months. The startup is currently bootstrapped and incubated by CIBA (Centre for Incubation and Business Administration), Goa. As per Mr Faterpekar, founder of Counterfeit IQ, the infrastructural support and mentorship provided by CIBA has been quite instrumental on their journey. He feels proud to be associated with CIBA that has helped several startups take off from the sandy beaches of Goa.

 

Currently, CIBA has two incubation centres in Goa and one in Mumbai where it offers world-class infrastructure, thought-leadership and technological support to foster fledgling startups into successful businesses.

 

Know more about Counterfeit IQ here.

 

List of Awards bagged by Counterfeit IQ:

·         [CIQ] 2016: KBU Top 10 finalist

·         2017: CM Startup Top 10 finalist

·         2017: Winner of GMA Startup of the Year

·         2017: Pulse The Venture -  Selected as one of the top 24 ideas that will change India

·         2018: Smarty Fifty by IIMC top 400 out of 15000 startups in India

·         2018: ET Power of India, phase 2

·         2018: 2nd Place in Retail Challenge at Seaside Summit Goa

 

STEM Education in India: An Opportunity to Blossom Young Minds

STEM Education in India: An Opportunity to Blossom Young Minds

6th March 2018 | Decision Tree Consulting

STEM is a curriculum based on the idea of educating students in four specific disciplines — science, technology, engineering and mathematics — in an interdisciplinary and applied approach. Rather than teach the four disciplines as separate and discrete subjects, STEM integrates them into a cohesive learning paradigm based on real-world applications.” [Source: www.livescience.com]

The meaning and benefits of STEM education

Today, technology is a part of every aspect of our life. Consequently, applications of STEM can be found everywhere around us – from the construction of roads and bridges to combating climate change to mobile and internet technology as well.

 

By introducing children to the applications of Science and Mathematics in real life at an early age, it is possible to develop their interest in STEM, encouraging them to take up STEM-related jobs in the future. So, instead of focussing on rote learning, STEM learning programs are application driven to develop the analytical and problem-solving abilities of students from an early age.

We can summarise the benefits of STEM education as follows:

 

·         Develop problem-solving capability

·         Logic-building

·         Hands-on learning 

·         Better learning outcomes for students in STEM subjects

 

Need for STEM education in India

Rapid strides in science and technology have shaped our lives in the 21st century, making STEM skills extremely desirable in the workforce. It is a proven fact that careers in STEM are much more financially rewarding as compared to most other fields. In addition, research is the cornerstone of every technological innovation, and by exposing children to STEM education at an early age, it is possible to develop their interest in the subjects, enabling them to make smarter career choices in the future.

Unfortunately, despite the demanding times we live in, the educational system in India continues to be stuck in the past. Even today, there is a major emphasis on textbook learning and the knowledge of the students is considered proportional to the marks scored by them in year-end examinations.

Especially with PM Narendra Modi introducing the ‘Make in India’ initiative, the country is on its way to become a world manufacturing hub. This means the demand for STEM professionals is only going to increase in the future. Thus, it is the need of the hour to include hands-on learning in the curriculum, especially at K-12 level, to build the curiosity of the kids towards STEM subjects in a fun environment. Introducing exploratory and interdisciplinary STEM education from early stages of school curriculum would help meet this demand by promoting inquiry-based learning that will produce the innovators, thinkers, scientists and engineers of tomorrow.

STEM education in India

According to Census 2011 data, India has the largest number of students in the world at 315 million. Yet, the educated youth lack the requisite skills to meet the demands of the corporate world, largely due to inadequate teaching infrastructure and a system that stifles creativity and innovation by focussing more on marks. Today, less than one percent students in India opt for research-oriented courses, which points towards a grim future for the country. Adoption of STEM curriculum offers a viable solution to the issue, but a few challenges have been identified in its implementation: 

·        Lack of clear guidelines on how to implement STEM

·        Shortage of qualified STEM teachers

·        Lack of technological infrastructure

·        Shifting the focus of educators from marks to innovation

Thankfully, steps are being taken to resolve this issue, with both government and private institutions facilitating special programmes for STEM education and research at school level and beyond. For example, the recently set up Indo-U.S. STEM Education and Research Centre in India offers a unique two-year program that trains Indian students to acquire world-class teaching skills at the undergraduate level. The centre is a result of the five-year partnership between OSU (The Ohio State University) and AMU (Aligarh Muslim University) under the Obama-Singh (now Indo-U.S.) 21st Century Knowledge Initiative award (2013-2017) to support faculty training of Indian postgraduate students in STEM disciplines [Read more here].

Besides, non-profit organisations such as India Stem Foundation have facilitated STEM learning for underprivileged students in India by setting up Robo Siksha Kendras in schools, many of which are funded by corporates as part of their CSR initiatives.

Thanks to the collaborative efforts of government and private institutions, most schools at K-12 level today have some form of STEM programme. Closer to home in Goa, CIBA has set up a Think Lab in Manovikas School, Margao, where children are taught robotics in a hands-on and minds-on manner. Kids of all age groups are invited to explore, experiment, innovate and tinker with robotics, giving them an unmatched opportunity to learn the practical implementations of theoretical concepts and build their natural curiosity towards STEM disciplines.

Planet Earthlings: Enabling Gaming-based Learning

Planet Earthlings: Enabling Gaming-based Learning

21st December 2017 | Decision Tree Consulting

Real education is much beyond rote learning; it is beyond being a doctor or an engineer or a lawyer or an MBA, for that matter. The real purpose of education is not to create individuals who command a few lakhs in their pay package each month but to develop ‘humane’ humans, who understand kindness, who care about each other and the planet, and understand the importance of, as well as practice, sustainable living.

Unfortunately, our education system is yet to encompass these ‘human’ realms in its ambit. Luckily, there are a few thought-tanks and creatives amongst us who have taken it upon themselves to turn this situation around. Enter Greg Acuna, an author, playwright and media strategist of repute, who has come up with an animated virtual world with the aim of empowering young people to change the ‘real’ world.

Titled Planet Earthlings, this unique project creates empowering games including "Zarbul", a gamified educational space-themed universe for young people with an overall story interwoven through it, to excite and reward the kids, ensuring they have fun while learning.

Students will encounter four major activities in the form of educational content, co-operative gaming, collaborative apps and community tools to stimulate their minds and encourage ‘real’ learning.

Once they enter this virtual universe, players will create an alien avatar, assemble a spaceship and set out to explore the universe and save Earth. Each planet they choose will contain educational mini-games, user-created content and offline content to encourage real-life experiences that can be shared on the online world, later.

Creating a unique educational social network through multiplayer games, the platform enables students to explore the activities together, creating virtual study groups and chat to help each other. Students would also have access to a tutor database on the platform.

Taking the experience one step further, the educational mini-games would soon be expanded to the mobile platform, compatible with both Android and iOS devices, forming a revenue stream to fund the venture along with the commissions earned from tutors. In the future, Planet Earthlings would partner with more creatives and content firms to make the experience even more engaging, and the academic base, wider.

Apart from creating a powerful parallel universe of learning and fun, Greg has several ‘kind’ tricks up his sleeve, such as the kindness card game "Acting Kindly" and the #7DaysKindnessChallenge that fosters community spirit and teaches kids to be kind and respectful towards individuals and surroundings in a fun manner. There is also the ‘Save Da Aliens’ game, a fast action arcade game with a twist. Here, instead of shooting aliens, children rescue them, helping them come to Earth, learning about the universe and the advantages of kindness and diversity in the process. The game has already received a Steam Green Light to be sold on the world’s biggest desktop game distribution platform, reports the website. You can see a promo of the game on www.planetearthlings.org.

Making world a better place

It takes great leaders to raise great nations – however, grooming the children of today to be kind and sensitive leaders is what is going to change the fate of our world. Be it sustainable living, protecting the environment or breeding harmony amongst nations and communities, it all starts with educating the kids right. Greg, through Planet Earthlings, has taken some concrete steps in this direction, while ensuring children do not lose their childhood in years of rote learning. Learn more about Greg and his ventures at www.planetearthlings.org. 

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.

 

 

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