John Hoffmire: What is the Venture Center?
Mugdha: Venture Center is India’s award-winning, leading technology business incubator for science and technology startups. We offer entrepreneurs and startups the widest suite of incubation programs, services, resources, and facilities. With over 75 resident startups at any given time, we are one of India’s largest science business incubators. We support startups developing intellectual property intensive technologies, products, and services in the areas of biotech, healthcare, pharma, agriculture, and clean tech.
John: What is the Center’s main focus?
Mugdha: Venture Center’s main focus is to nucleate and nurture technology and knowledge-based enterprises for India by leveraging the scientific and engineering competencies of the institutions in the Pune region. We aspire to be the organization that creates, shapes and sustains a “Pune cluster” of innovative technology businesses with significant economic impact regionally, nationally, and globally.
John: Does the Center have specific sciences that it focuses on?
Mugdha: We do. Venture Center mostly focuses on the areas of:
- Material science
- Chemical synthesis
- Biomedical science and technology
- Chemical and process engineering
- Research, technology and knowledge management
Venture Center’s Corporate Social Responsibility supported projects are also complementary to the initiatives under the Social Innovations Vertical which provides grants to social entrepreneurs, and has resulted in putting in place key facilities like the clean room facility for our startups, as an example.
Mugdha: Thank you, John. I look forward to telling you more about Venture Center’s progress in the coming year.
Dr. Mugdha Potnis-Lele is the Senior Manager for Social Innovations at Venture Center and an alum of the Chevening Research Science and Innovation Leadership Programme (CRISP) at Oxford University (2016)
Dr. John Hoffmire is the Chairman of the Center on Business and Poverty, the Director of Employee Ownership at Teamshares, and Research Associate at the Oxford Centre for Mutual and Co-owned Business
Click here to learn more about the Social Interventions at the Venture Center