IKP Knowledge Park
IKP Knowledge Park is a 200-acre science park and incubator with sites in Hyderabad and Bangalore, India. It is set up with the mission to create a world-class ecosystem for fostering leading-edge innovation in the country. IKP promotes the advancement of technology-based innovators, entrepreneurs and small and large companies through customized space, shared equipment, incubation, mentorship, and funding. IKP has so far supported over 220 companies from seven countries, 80% of which are startups.
Inspired by TechShop and MIT FabLab, IKP set up IKP-EDEN™ to help the product development ecosystem in Bangalore. IKP-EDEN™ is a membership-based Do-It-Yourself fabrication studio and a startup accelerator. Building on the vast experience gained from helping Med-Tech startups and managing scientific research facilities, IKP is working towards furthering engineering and hardware product design startups.
IKP Knowledge Park launched its Grants Management Programme in 2011 and conducts Grand Challenges and other innovation scouting programmes in partnership with the Bill & Melinda Gates Foundation, USAID, DFID, BIRAC, DBT, NSTEDB, DST and the Government of Karnataka.
The Biotechnology Industry Research Assistance Council (BIRAC), in partnership with IKP, set up the BIRAC Regional Innovation Centre (BRIC) in 2013 to further BIRAC’s mandate of building a deeper understanding of the capacity and gaps in innovation, commercialisation and technology absorption ecosystems, and developing targeted programmes.