"Aspiring to become an entrepreneur? Have a great idea?
We transform your Ideas to Dream Ventures
The I2D-Incubating IoT Dreams is a Technology Business Incubator of Coimbatore Institute of Engineering and Technology. Though, we incubate all technology based startups we're especially interested in IOT based startups. We've been thinking about that problem longer than anyone else, and by now can visualize much of the space of possibilities.
What we Do?
I2D provides both Lean Funding and state of the art infrastructure for the startups to realise their products. We help startups quickly create prototypes, test with potential customers, iterate their product, launch in a way that maximises the likelihood of success, and scale production in response to demand. The rich experience of the faculty members associated with the college and our identified partners support the startups throughout their product development lifecycle. Our identified partners also offer expedited support and deals to our startups.
At I2D, our goal is to get our startups through the first phase. This usually means: get the startups to the point where they have built something impressive enough for their customers. When I2D startups are ready to launch a product, I2D provides its startups with seed support of upto $200,000 for scalability.
We also introduce our startups to later stage investors on the Demo Day.
What happens at I2D?
The first most important thing we do at I2D is work with startups on their ideas and help them realise their products.
The second most important thing we do is work with the founders to increase the traction in the market by identifying the right customers and getting them connected. We organise pitch meetings for the startups with prospective clients to increase the market traction. We also discuss and help the founders in their GTM strategies and PR.
The third most important thing we do is help founders deal with investors and acquirers. Yes, we can make introductions, but that part is easy. We spend much more time teaching founders how to pitch their startups to investors, and how to close a deal once they've generated interest.
We also get the startups we fund incorporated properly with all the standard paperwork, avoiding legal time-bombs that could cause serious hassles and delays later. We regularly help startups find and hire their first employees. We can help with intellectual property questions, like what to patent, and when.
We provide the startups with an ecosystem that will maximise their productivity. "
Coimbatore Institute of Engineering and Technology (CIET), Coimbatore, Tamilnadu, India was established in 2001 by Kovai Kalaimagal Educational Trust (KKET) to provide quality education to the young community with the motto of "Light the Light Within". CIET is affiliated to Anna University, approved by AICTE, Accredited with 'A' Grade by NAAC and an ISO 9001:2008 certified Institution. CIET offers 7 Under Graduate and 7 Post Graduate Engineering courses and management courses. The Institute has a very picturesque and serene atmosphere surrounded by green hillocks.
The I2D Incubator focusing primarily on Internet of Things