About
BIP
The LIVE Incubation Program (BIP) is designed to support startups by providing essential resources, mentorship, and services to foster entrepreneurship.
The program offers assistance for up to two years, with a strong focus on Business Model Validation and achieving Product-Market Fit. It aims to help startups refine their ideas, build scalable businesses, and navigate early-stage challenges effectively.
Sectors that can apply
The program is open to startups from all sectors, with no restrictions on industry or domain. It provides a platform for entrepreneurs from diverse fields to develop innovative solutions and grow their ventures.
BIP provides structured incubation support to help startups validate their business models and scale effectively.
What we offer
Structured Incubation Support
Funding Connect
Mentorship and Advisory Services
Networking and Market Connect
Who should Apply?
Startups must have a proof of concept or a working prototype
The venture must be registered as a company. If not already registered, the startup must complete registration within three months of admission confirmation.
The program is open to all entrepreneurs, including those not affiliated with IIMK. However, ventures promoted by IIMK students, alumni, or faculty may receive priority if the idea holds similar merit.
Frequently Asked Questions
What is LIVE?
LIVE is an Entrepreneurship Development Centre and Business Incubator at the Indian Institute of Management Kozhikode. This is established by IIM Kozhikode and is supported by Department of Science and Technology, Government of India.
How does LIVE support entrepreneurship?
LIVE is envisioned as a Business Incubator with a purpose of creating a National Centre of Excellence that promotes innovation, new business venturing and entrepreneurship. Apart from Incubation Program for Start-ups, it seeks to carry out activities that promote entrepreneurship on IIMK campus and among greater community, conduct training and research in the domain of entrepreneurship, foster idea generation through competitive events, extend pre-incubation support to shape ideas, conduct accelerator/ cohort-based programs and other assistance to entrepreneurs that can help their ideas turn into successful enterprises.
What is the Business Incubation Program all about at LIVE?
Incubation program at LIVE intends to provide support and services to the Startup enterprise in good faith to pursue its objective to promote entrepreneurship. LIVE incubation program would support the startup firm for a maximum period of two years from the year of its first support. The incubation program at LIVE is designed to support start-up enterprises in Business Model Validation and Product-Market fit stages. Applicant to the Incubation Program should have the proof of concept or prototype of the product and should be registered as a company.
What Do Startups Gain from the IIMK LIVE Incubation Program?
1. Smart Co-working Spaces: Wi-Fi-enabled office spaces, meeting & conference rooms at subsidized rates.
2. Vibrant Peer Community: Connect with fellow startups, IIMK faculty, and students for collaboration and insights.Events & Learning: Access to exclusive networking events, seminars, and hands-on workshops.
3. Investor Access: Introductions to angel investors and venture capitalists.
4. Credibility & Recognition: Benefit from the “Incubated at IIMK LIVE” tag and unlock access to government startup schemes.
Dare to Dream, Driven to Build — The Ultimate Mindset for Innovators and Entrepreneurs!
Don’t Just Build — Build Right. Learn Lean, Know Your Customer, and Fit the Market!
Brand Boldly. Build Lean. Fit the Market Like a Glove
Turn Ideas Into Impact — Master the Art of Value Proposition Design.
Build It. Market It. Scale It. Step-by-Step Digital Strategy for Founders.
Talk Less, Sell More — The Smart Way to Start in Sales.
Conversations That Convert — The B2B Sales Edge
Turning Ideas into Income — Learn the Financial Backbone of Business.
Protect Your Equity. Power Your Deal — Learn the Language of Investors.
Pitch to Win — Make Investors Believe in Your Vision!
From Friends & Family to VCs — Fundraising Starts with Strategy.
Great Startups Need Great Leaders — Become One.
Turn Big Ideas into Scalable Models — Innovate Your Way Forward.
Think Like a Founder. Act Like a Strategist.
Build Bold. Budget Smart.
Know Your Customers. Conquer Your Market.
Build Smarter. Operate Better. Grow Faster.
Capital That Grows With You.
Stories Sell. Make Yours Unforgettable.
Win Investors with Your Story – Craft the Pitch They Can’t Resist!
What is the eligibility requirements for applying to Incubation Program at LIVE?
Incubation Program at LIVE is open to any entrepreneur/ Start-up and is not restricted to the ones promoted by IIMK students/ alumni/ faculty members. Those associated with IIMK may get priority for the similar merit of the idea. The venture, however, should be ready with proof of concept/prototype and should be a registered firm (should be registered in 3 months’ time from confirmation of admission) to be eligible.I am not associated with IIM Kozhikode as student/ alumni/ faculty.
Can I apply for the LIVE Incubation Program?
YesI am a student/ alumni/ faculty of IIM Kozhikode.
Do I still need to apply for the LIVE Incubation Program?
Yes. There is only one admission process for all applicants. IIMK students/ alumni/ faculty may get priority subject to merit of the business idea.
Is there a technology, industry or sectoral focus?
While LIVE seeks to develop resources to focus on a few thrust areas so that it can provide intensive support and services to the Start-ups part of the incubation program, at this juncture it would not restrict applicants based on technology/sectoral focus. It is, however, important that the business idea/ product is innovative.
What is the admission process to the Incubation Program at LIVE?
Admission to incubation program at LIVE is likely to be a competitive process and admission would be strictly based on the selection process. Those ventures/ entrepreneurs who apply formally to the program only would be considered for admission selection process.
How much seed capital can I get if I get selected in the Incubation Program at LIVE?
As of now, LIVE is in the process of developing its own funds and hence there is no seed capital promised by LIVE immediately. It has, however, access to various funding schemes by the Government of India specifically designed to support Start-ups. Start-ups would have access to the investor networks of LIVE.
What are the rentals for Office space for Incubatee firms?
Start-ups under Incubation Program would get the co-working space with high speed internet at highly subsidized rentals. It varies based on team size and type of facilities. You may write separately for more details.
What is the selection process? Will I get chance to present my business plan?
Shortlisted applicants would have to present the start-up idea and business plan to the selection committee at IIMK Campus in the first/ second week of march. Selection would be based on multiple criteria to evaluate business innovativeness, feasibility, strengths and market opportunity. The decision of the seleciton committee would be final. Selected startups would have to sign an agreement with LIVE.
Is there any fee for the program?
The incubatee/resident company is required to pay a half-yearly incubation fee of ₹18,000 for each 6-month term throughout the incubation period.
What is LIVE HIVE?
LIVE HIVE is a smart co-working space and startup community at IIMK LIVE. Details of Facilities available
may be found in a separate section of this website.
What is the incubation fee during the incubation period? The incubatee/resident company is required to pay a half-yearly incubation fee of ₹18,000 plus applicable taxes for each 6-month term throughout the incubation period.