IMU Innovation Hub

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IMU Innovation Hub

ABOUT

Turn your ideas into real world impact.

Vision

The IMU Innovation Hub is a nexus for innovation and entrepreneurship, empowering students and researchers to develop creative solutions for real world challenges.

Mission

The Hub is established as a physical space with a vibrant network of collaborators that offers support for innovators and entrepreneurs to nurture innovative ideas and translate them into impactful ventures.

Objectives

Fostering a culture of innovation and entrepreneurship within IMU.
Offering comprehensive support to turn ideas into impactful, scalable solutions.
Building a collaborative network with academia, industry, entrepreneurs, and funders to drive innovation and new ventures.

The Hub

IMU Innovation Hub (the Hub) shall provide a robust and inclusive environment for IMU students, innovators and entrepreneurs to nurture and hatch potential ideas and discoveries. Through the Hub’s environment, we aspire to create a thriving ecosystem fuelled by innovation catalysts, encompassing an innovation network and programmes designed to support growth and development in this realm.

Innovation Network (IMU Nexus)
Programmes (i-Launchpad)

Innovation Network (IMU Nexus)

IMU Nexus is the central hub of our Innovation Hub, connecting you with a network of experts and resources to bring your ideas to life.

Benefits of the IMU Nexus

Facilitated innovation journey: Collaboration and knowledge exchange are streamlined, expediting the development and refinement of pioneering concepts and technologies.
Improved success rates: Drawing upon a rich tapestry of expertise and resources, the platform heightens the likelihood of translating innovative ideas into commercial reality.
Thriving ecosystem: Within the interconnected network of IMU Nexus, innovation flourishes, driven by a culture of continuous learning and resource-sharing.
Enhanced access to funding: Through a robust network of investors and funders, IMU Nexus amplifies the prospects of securing vital financial support for promising ventures.
Market-centric innovation: Industry engagement ensures that innovations are firmly rooted in addressing pertinent challenges, thereby maximizing their potential for market acceptance and success.
Sustainable innovation landscape: By strategically integrating internal and external resources, IMU Nexus fortifies the innovation ecosystem within IMU, amplifying its impact and reach towards ‘Road to 500’.

Programmes (i-Launchpad)

The i-Launchpad programme at The Hub helps students and innovators turn their ideas into successful businesses. It offers resources, mentorship, and hands-on experience to guide participants from concept to launch.

ENTREPRENEURSHIP 101

Introductory Talk

SPARK*

Expression of Interest

Eureka!

Mindset
Idea Generation and Validation

VentureVibeX Series

Series of Workshops
BMC Venture-ready
With Coaching

Pitch Perfect Challenge

Pitch to win for incubation support and resources

HATCH*

Investor-led Coaching
MVP Validation
Scalable Outcomes

Demo Day

Investment
Pilot Scale-up

Outcomes

Through the IMU Nexus and i-Launchpad , we will create an environment that supports entrepreneurship and innovation within THE HUB. Here’s what they achieve:

Creation of Startups

Supportive Platform: The Innovation Hub offers collaboration, guidance, and support from the idea stage to the launch, making the startup journey smoother.

Commercialisation

The Hub provides advice on staff research commercialization projects and acts as a bridge to connect with interested industry partners.
Visit the Research & Commercialisation page to learn more.

Higher Success Rate for New Businesses

Networking Opportunities: Entrepreneurs get valuable feedback to improve their ideas, making sure they meet market needs and generate sustainable income.
Skills and Knowledge: Entrepreneurs learn how to build, test, and market their products and services effectively.

Long-Term Benefits for IMU

Income Generation: Successful startups may stay within the Hub, renting office space and using support services, which generates income for IMU.
Enhanced Reputation: A thriving Hub boosts IMU’s reputation as a center for innovation, attracting more students, talent, and investment.
Inspiring Model: The Hub’s success can inspire similar initiatives elsewhere, promoting global knowledge sharing.

Job-Ready Graduates

Valuable Skills: The Hub teaches students entrepreneurial skills that make them more attractive to employers and can lead to job creation within startups.

Development of New Innovations

Broader Applications: Startups might create solutions that go beyond their initial market, leading to new advancements that can be co-owned with IMU.