On June 29 2017, Indian School of Business (ISB) announced the launch of physical incubation and acceleration centre on its campus in Hyderabad. This incubation arm, DLabs plans to incubate approximately 50 companies this year. DLabs is the incubation and acceleration arm of Indian School of Business set up in collaboration with the Department of Science and Technology, Government of India. The physical centre called DLabs will have a proper environment and ecosystem in place for startups to push forward their entrepreneurial journey. For the DLabs, the business school has partnered with Department of Science and Technology and comes under the bigger umbrella of its already existing Centre for Innovation and Entrepreneurship (CIE).
DLabs physical centre will support entrepreneurial creation, promote innovation and growth aspirations in key sectors such as healthcare, fintech, deep tech, social entrepreneurship, education, smart city, climate change, and non-profit and civil society organisations. It will also connect start-ups with mentors and possible investors who can help the company scale-up. The physical centre has a 60-seater capacity. It aims to support the creation of a vibrant and high impact entrepreneurial ecosystem focused on innovation in key sectors including technology commercialization. DLabs leverages the vast resources, expertise and networks of Centre for Innovation and Entrepreneurship at ISB through mentorship, education and investor connect. In the last two years, ISB has incubated 32 startups and DLabs is expected to further incubation and business acceleration of new ventures.