Innovation, Incubation and Entrepreneurship ― Case Studies from Iit Kanpur

Dr. Phani is currently a Professor of Finance, Innovation & Entrepreneurship at IIT Kanpur, he was earlier the Associate Dean Innovation and Incubation handled the additional responsibility of Coordinator, SIDBI Innovation Incubation Center (SIIC) for the last one decade. Currently he is the Dean Resources and Alumni with additional responsibility of Faculty in Charge, Motwani Incubator & Accelerator (MIA) and Coordinator, Syndicate Bank Entrepreneurship Research and Training Center. He is a mechanical engineer with a PhD in finance from IIM Calcutta. Prior to pursuing a PhD at IIM Calcutta he held various managerial positions and his last position was as CEO of BCIT Limited a computer education and services startup company. He is also the recipient of various teaching and research awards from national and international foundations to his credit and also shares his experience at various universities across the world as an invited guest. On the entrepreneurship front the incubation center at IIT Kanpur has undergone several developmental changes under his able stewardship. Currently the centre has 32 startup firms in diverse areas and has graduated around 30 firms successfully with a few exits. Dr Phani was also the NEN faculty resource for their ‘Educating the Educators (ETE)’ initiative across the country and is an advisory board member of NEN. Dr. Phani is also instrumental in taking IIT Kanpur’s IP initiative efforts to the next level by facilitating the patenting of a few hundred patents in the last few years from IP generated as part of the institute’s research effort. His team has been able to successfully commercialized around 25 percent of the patents generating a substantial revenue stream and also jump starting IITK’s industrial collaboration initiative. He has helped widen the platform for start-up prospective entrepreneurs and intrapreneurs to convert their innovative ideas into commercially viable products. He is also a mentor director in around 25 startup firms. He is a member of the mentor board of Ivy Cap Ventures and many other such venture, angel and professional bodies.