Understanding Incubation and Entrepreneurship

By Prof. B.K. Chakravarthy   |   IIT Bombay
Learners enrolled: 2878   |  Exam registration: 1464
The course 'Understanding Incubation and Entrepreneurship' uncovers the basics of what it takes to develop an entrepreneurial mindset thereby encouraging the journey of transformation to convert an idea or a solution into a business. Professor Chakravarthy uses a blended learning approach that brings together inputs from various pre-incubators and incubators like GDC, BETIC, SINE, IITH and DSSE to help familiarize the entrepreneurial framework and the start-up projects which help them navigate through their own entrepreneurial journey. This eclectic mix of guidance from expert professors and entrepreneur stories collectively foster the critical skills needed to build your own startup. The course spans 12 weeks of talks, exercises and reading material combined with the classroom experience of students of IITH as they learn to form their problem statement, build teams, understand the rigorous customer discovery process and finally learn to use the Lean Canvas Model.

Course Status : Ongoing
Course Type : Elective
Duration : 12 weeks
Category :
  • Design Engineering
Credit Points : 3
Level : Undergraduate
Start Date : 22 Jan 2024
End Date : 12 Apr 2024
Enrollment Ends : 05 Feb 2024
Exam Registration Ends : 16 Feb 2024
Exam Date : 21 Apr 2024 IST

Note: This exam date is subjected to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout

Week 1: Introduction to Entrepreneurship, What is Entrepreneurship GDC Program
Week 2: Hand holding for Entrepreneurship GDC start-up stories
Week 3: Entrepreneurship Types, Team Building
Week 4: Innovation and Entrepreneurship, Solar Oven case-study Paradigm shift from Design to Entrepreneurship
Week 5: Bio- Med Innovation and Entrepreneurship
Week 6: New-age Entrepreneurship
Week 7: Business Model Canvas
Week 8: Technology led Entrepreneurship
Week 9: Entrepreneurship as Academic Program - IITH case study
Week 10: Creativity and Generating Product Ideas, From Idea to Proof of Concept, Network Entrepreneurship
Week 11: Learning from examples Start-up PITCHES - Using Lean Canvas Model Part 1
Week 12: Learning from examples Start-up PITCHES - Using Lean Canvas Model Part 2

Books and references

1. Disciplined Entrepreneurship: 24 Steps to a Successful Startup by Bill Aulet
2. The Essence of Medical Device Innovation by B Ravi
3. THE FORTUNE AT BOTTOM OF PYRAMID: Eradicating Poverty Through Profits by C.K.Prahalad Stay Hungry
4. Stay Foolish by Rashmi Bansal
5. The Entrepreneurial Connection: East Meets West in the Silicon Valley by Gurmeet Naroola
6. Innovation By Design: Lessons from Post Box Design & Development by B. K. Chakravarthy , Janaki Krishnamoorthi

Instructor bio

Prof. B.K. Chakravarthy

IIT Bombay
Prof. B. K. Chakravarthy teaches Innovation by Design at the Industrial Design Centre (IDC), IIT Bombay. He has set up the Shenoy Innovation Studio at IITB, where students and young designers are given the opportunity to work on live projects and benefit from expertise in a range of interrelated fields. Prof. Chakravarthy works closely with other academics engaged in cutting-edge research at IIT Bombay and has played a key role in translating such research into products that reach the hands of users. A Collaborative Model for New Product Innovation, an outcome of Prof. Chakravarthys doctoral research, has had wide application in the industry. Prof. Chakravarthy has also worked frequently with government departments and occupational communities engaged in essential services.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.
The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
Date and Time of Exams: 
21 April 2024 Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.
Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.


Average assignment score = 25% of average of best 8 assignments out of the total 12 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Bombay.It will be e-verifiable at nptel.ac.in/noc.

Only the e-certificate will be made available. Hard copies will not be dispatched.

Once again, thanks for your interest in our online courses and certification. Happy learning.

- NPTEL team

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