FICCI Center for Innovation Science and Technology Commercialization (C-TECH)
Established in 2007, FICCI C-TECH runs on the three pillars of Innovation-Entrepreneurship-Impact, providing a platform and institutional framework to Indian innovators and entrepreneurs, helping them convert their ideas into businesses.
The Center currently runs 14+ national and global multi-stakeholder programmes, focused on leveraging Indian ingenuity, and supporting innovators and start-ups with funding, business development, mentoring and capacity building support. The supported enterprises have been provided mentoring on product commercialization, readiness for market, business models, IP rights, competitive positioning and mechanisms for revenue.
Over the last decade, FICCI C-TECH has received and evaluated more than 15,000 proposals and supported close to 1000+ innovative enterprises. These enterprises have been financially supported with grant funding of over INR 125 Crores and been enabled to raise external funding of over INR 500 Crores. The supported enterprises have also been able to generate over 140,000 jobs. FICCI C-TECH’s start-up portfolio is piloting, replicating and scaling their innovations not only in India but also in over 12 countries, such as USA, Russia, Rwanda, Ethiopia, Kenya, Malawi, Burkina Faso, Uganda, Zambia, Afghanistan, Bangladesh, Nepal, and Sri Lanka.