IGNITE - Innovation & StartUp Centre I Co-working Space

What IGNITE - Innovation & StartUp Centre I Co-working Space does

I-Scale Innovation Foundation, operating as IGNITE, is a Section-8 not-for-profit incubation center and co-working facility at Silver Oak University in Ahmedabad. It serves student entrepreneurs, early-stage startups, entrepreneurs, and freelancers in Gujarat and elsewhere in India. IGNITE reports more than 100 startups incubated, 50+ financially supported, a 20,000 sq. ft. facility, a 40+ active-mentor network with 67 mentors empaneled, and partnerships with more than 15 organizations.

Core offerings include incubation with mentorship and funding navigation, co-working desks and cabins, IPR courses, the university E-Cell, and specialist labs for IoT, making and 3D printing, and aerobotics and drone development. Reported infrastructure includes conference rooms, 24/7 access, internet up to 160 Mbps, maker-space equipment, and research facilities. IGNITE's Illuminate program recorded 112 IPR filings in 2021, but no proprietary software platform, AI model, or patented IGNITE technology is disclosed. Public materials also differ on workspace capacity, with the homepage stating 120+ individuals and the co-working material stating 300.

The center uses a hybrid nonprofit model. It receives government support through Gujarat startup and student-startup schemes, including a disclosed total grant of Rs. 1,51,69,000, while generating income from quote-based monthly co-working rentals and fixed per-student IPR course fees of Rs. 15,000 for 12 weeks and Rs. 25,000 for 24 weeks. Startup acquisition is event-driven through the E-Cell, ideathons, hackathons, bootcamps, conclaves, and year-round online applications followed by selection-committee review.

Name

IGNITE - Innovation & StartUp Centre I Co-working Space

Legal name

I-Scale Innovation Foundation

Website

https://ignite.silveroakuni.ac.in

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

IGNITE is a Section-8 incubator and co-working center at Silver Oak University serving student entrepreneurs, early-stage startups, and freelancers through incubation, mentorship, government funding access, labs, IPR programs, and workspace.

Ownership category

akta.pro rank

Product category

Startup Incubation Services

NAICS

Colleges, Universities, and Professional Schools (6113)

akta.pro primary industry

Youth Business Incubators & Accelerators (EDAMAHAC)

akta.pro secondary industries

Makerspaces & Fab Labs (Open Build Studios) (EDAMADAC), Makerspace, Innovation Lab & Fab Lab Operations (Tools, Safety, Programming) (EDAEAGAI), Technical Universities with Entrepreneurship & Incubation Focus (EDAHAEAH)

Keywords

• Startup incubation services
• Co-working space rental
• Intellectual property courses
• Prototype development labs
• Entrepreneurship mentorship

Headquarters

HQ city

Ahmedabad, Gujarat

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Incubation Services: IGNITE provides incubation services to startups as a Section-8 not-for-profit company. Funding is provided through government schemes (SAS-GoG, SSIP). The center acts as a Nodal Institute recognized by Government of Gujarat under Scheme for Assistance for Startups (IC-GoG) and Student Startup & Innovation Policy (SSIP-GKS).
2. IPR Courses: Revenue generated from Certified Intellectual Property Rights courses: Introductory IPR Course (Rs. 15,000/student for 3 months) and Patent Law & Practice Certificate Course (Rs. 25,000/student for 6 months)
3. Co-Working Space Rental: Co-working space services with different cabin types (Individual Desk, 3 People Cabin, 5 People Cabin) available for startups, entrepreneurs, and freelancers. Facilities include 24/7 access, high-speed internet up to 160 Mbps, maker space, 3D printing, and other amenities.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

IGNITE operates as a Section-8 not-for-profit startup incubation centre and co-working space located within Silver Oak University in Ahmedabad, Gujarat. It provides 360-degree startup incubation including mentorship, co-working space (20,000 sq. ft. for 300 individuals), specialized labs (IoT, Aerobotics, Maker Space, 3D Printing), IPR support (Illuminate Programme with 80+ patents filed), and certified Intellectual Property Rights courses. The centre is recognized as a Nodal Institute by the Government of Gujarat under SSIP and Scheme for Assistance for Startups.

Product overview

IGNITE is a Section-8 not-for-profit incubation center and co-working space at Silver Oak University, offering a unified ecosystem for startup development. The core offerings include incubation services with 360-degree mentorship, a 20,000 sq. ft. co-working space supporting 300 individuals, IPR courses (Introductory and Patent Law programs), E-Cell for student entrepreneurship, and specialized labs (Aerobotics Lab, IoT Lab, Maker Space, 3D Printing Lab). The Illuminate Programme supports patent filing. The organization is recognized by Government of Gujarat under SSIP and Startup/Innovation Policy.

Differentiator

Problem solved

Functional benefit

Brands

• Illuminate: IPR program under which more than 80 patents have been filed. Illuminate 2.0 (2021) filed 112 IPRs and Illuminate 1.0 (2019) filed 81 IPRs.
• Aerobotics Lab
• E-Cell

Products and services

• Startup Incubation Services
• Co-Working Space
• Introductory Intellectual Property Rights Certificate Course
• Patent Law & Practice Certificate Course
• Illuminate IPR Programme
• E-Cell (Entrepreneurship Cell)
• Aerobotics Lab (Team Da Vinci)

Quantifiable outcome

• 100+ startups incubated under government schemes
• +5 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Gujarat Corporate Social Responsibility Authority (GCSRA)coreStrategic or Co-development PartnerPartnership to catalyze sustainable growth by creating an enabling environment for the corporate sector to work in partnership with Government, NGOs, and Civil Society Organizations in the field of Corporate Social Responsibility.
• Entrepreneurship Development Institute of India (EDI)coreStrategic or Co-development PartnerEDI, an autonomous not-for-profit institute sponsored by IDBI Bank, IFCI, ICICI Bank, and SBI, helps set up state-level entrepreneurship development centres. IGNITE collaborates for entrepreneurship development.
• Gujarat Innovation Society (GIS)coreStrategic or Co-development PartnerGIS is focused on developing innovative thinking among youth of Gujarat and creating innovative culture in industry to solve day-to-day problems innovatively.
• NRI Startup IndiacoreStrategic or Co-development PartnerFormed by successful NRIs to bring together, inspire and empower a new generation of Indian Leaders by creating a unique ecosystem of opportunities for growth in international markets.
• Candour LegalminorImplementation/ SI/ Consulting PartnerNext generation law firm offering complete legal services and solutions. Located in Ahmedabad, Gujarat with branch offices in Jaipur and New Delhi. Provides legal support for startups.
• Wadhwani Foundation (NEN)coreStrategic or Co-development PartnerNational Entrepreneurship Network inspires, educates and supports student entrepreneurs, startups, and SMEs for creating high-value jobs through city-based entrepreneurial ecosystems.
• Gujarat Technological University (GTU)coreStrategic or Co-development PartnerPremier academic and research institution driven by Government of Gujarat. GTU is a statewide institution affiliating engineering, pharmacy, and management colleges across Gujarat.
• USI3DTminorStrategic or Co-development PartnerIndia's first America-based institute providing quality education in 3D Printing Technology. Mission to make Indian youth ready for technological revolution.
• ICECDcoreStrategic or Co-development PartnerOrganization dedicated to entrepreneurship development in Gujarat. IGNITE collaborates on entrepreneurship initiatives.
• Indus MentorscoreStrategic or Co-development PartnerPlatform creating dedicated network of eminent mentors who can be accessed by startups for growth support. Redefines traditional Guru-Shishya relationship as Mentor-Mentee framework.
• Verite AssociatesminorImplementation/ SI/ Consulting PartnerConsulting firm supporting student community to enhance skills and knowledge through close cooperation between graduates and industry for technological upgradation and innovation.
• Abhyuday Bharat Mega Defence ClustercoreStrategic or Co-development PartnerOrganization with expertise in developing Greenfield and Brownfield Industrial Clusters, Industrial Parks, and Mega Infrastructure Projects. Has executed INR 3,600 Crore worth of projects across 20 states.

Scale indicators12 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• SINE (Society for Innovation and Entrepreneurship, IIT Bombay): IIT Bombay's technology business incubator supporting deeptech startups with lab access and seed funding — analogous to IGNITE's specialized-lab-enabled model.
• NSRCEL (IIM Bangalore): Startup incubator at IIM Bangalore offering mentorship, co-working space, and accelerator programs; directly comparable to IGNITE's university-affiliated incubation model.
• 91springboard: India's co-working and startup community hub offering flexible workspace and incubation programs; overlaps directly with IGNITE's co-working + incubation offering.
• T-Hub: India's largest startup incubator based in Hyderabad; operates accelerator programs, lab facilities and government-backed partnerships comparable to IGNITE's Nodal Institute model.
• FITT (IIT Delhi): Foundation for Innovation and Technology Transfer at IIT Delhi, operating technology incubation and startup support programs with similar university-anchored structure.
• CIIE.CO at IIM Ahmedabad: Incubator and seed investor at IIM Ahmedabad, also based in Ahmedabad; directly comparable geography and operating model to IGNITE.
• IIT Madras RTBI (Research Park): IIT Madras's technology business incubator offering lab infrastructure, mentorship, and seed funding to deeptech startups — comparable in specialization and university backing.
• Venture Center (Pune): Science and technology business incubator under the National Chemical Laboratory offering lab facilities, mentorship and seed funding; directly comparable as a technology-focused, university-adjacent incubator.

Broad incumbents

• Atal Innovation Mission (AIM) / Atal Incubation Centres: NITI Aayog's nationwide network of Atal Incubation Centres supporting startups across sectors; broad-incumbent peer given IGNITE's NITI Aayog/Facebook partnership and government-bac

Regional players

• Awfis Space Solutions: Pan-India co-working operator with presence in Ahmedabad; comparable to IGNITE's co-working revenue stream but operates at significantly larger scale across geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/iicws

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IGNITE - Innovation & StartUp Centre I Co-working Space