• MBA – IEV (Innovation Entrepreneurship and Venture Development)

MBA – IEV (Innovation, Entrepreneurship and Venture Development)

Take off with the Double advantage of a Start-up and an MBA from the Crescent Start-up Runway.

The MBA-IEV is a two-year, full-time postgraduate programme approved by the AICTE and the Ministry of Education’s Innovation Cell. BSA Crescent Institute of Science and Technology is one of only 21 institutions in India authorized to offer this unique degree, designed to create employers rather than employees.

The curriculum blends core conceptual modules with experiential learning. It is delivered by a mix of scholarly faculty, industry stalwarts, and active entrepreneurs at the Crescent School of Business (CSB) and the Crescent Innovation and Incubation Council (CIIC).

Students can nurture their business ideas in the co-working spaces of CIIC under the mentorship of domain and vertical experts. CIIC is a great forum that provides students an opportunity to interact with various entrepreneurs, industry experts, government officials, angel investors and venture capitalists to convert their ideas into a viable venture.

Salient Features of MBA – IEV at CSB and CIIC

• Dual Recognition: Approved by AICTE and the Ministry of Education- Innovation Cell.
• Venture Creation: Opportunity to build and launch your own start-up as part of the curriculum.
• Incubation Support: Access to CIIC’s co-working spaces and pre-incubation facilities.
• Expert Mentorship: One-to-one mentoring from domain experts and industry leaders.
• Intellectual Property: Support in establishing technology ventures with patent rights.
• Funding Access: Facilitated access to Government grants, NGOs, and Angel investors.

About CIIC (Crescent Innovation and Incubation Council)

CIIC is a premier start-up ecosystem registered under Section 8 of the Indian Companies Act, 2013 on 27th March, 2019

• Infrastructure: A premier 25,000 sq. ft. facility designed to accommodate up to 100 start-ups simultaneously.
• Sector-Specific Track Record: A diverse portfolio of 77 incubated start-ups, including 38 in Life Sciences, 31 in Industry 4.0, and 8 in Mobility & Transportation.
• Funding Facilitation: Successfully secured ₹5.06 Cr in Government grants and ₹41.7 Cr in private investment funds for incubated ventures.
• National Recognition: Selected by DPIIT for the Startup India Seed Fund Scheme (SISFS), providing seed capital ranging from ₹2 Lakh to ₹50 Lakh.
• The “Triple M” Framework: Comprehensive support through specialized access to Money, Mentors, and Markets.
• Intellectual Property Focus: A strong “Patents to Startups” mandate, resulting in support for over 60+ patents to date.
• Global Networking: Strategic international access to ecosystems in the US, Canada, the European Union, Asia Pacific, and the MENA region.
• Mentorship Pool: Access to a network of 50+ national and international mentors drawn from both industry and academia.
• Live Demonstration Facilities: On-premise Launchpad facilities available for live product demonstrations and market testing.
• Economic Impact: Contributed to the local and national economy through the creation of over 450 jobs.
• Stakeholder Connectivity: Robust engagement with a broad network of investors, government officials, and industry experts.

CIIC AWARDS AND RECOGNITIONS

• Recipient of the SYPA Ecosystem Building Award 2019.
• Most Innovative Startup Award awarded to Extreme Fire.
• Most Scalable Startup Award awarded to Impensus Electronics.
• PMI Chennai Chapter Sangama Top Innovator Winner Award awarded to Green Flora Biosciences Pvt. Ltd.
• 3rd Place in the Sandvik India Gender Award awarded to Ravikas.
• MMA Chinnikrishnan Innovation Award awarded to Rekindle Automations Pvt. Ltd.
• AFI Silicon Valley Challenge (SVC) Trek Award awarded to Farmagain Agro Pvt. Ltd.
• AFI Silicon Valley Challenge (SVC) Trek Award awarded to WeGot Utility Solutions Pvt. Ltd.
• PMI Chennai Chapter Sangama Top Innovator Runner Award awarded to Kankyo Cleantech (India) Ltd.
• IoTNEXT Award awarded to Farmagain Agro Pvt. Ltd.
• STEM Accreditation received by Reynlab (a start-up incubated in CIIC).
• Signed MoUs with four European Business Incubators.
• Ranked as the 3rd Top Private Bioincubator in the country by Biospectrum
• Recognized as the first incubator in Tamil Nadu to support start-ups in obtaining a total of 17 IVP grants from EDII-TN.
• Served as a Silver Sponsor of Global Bio-India 2021, organized by the Department of Biotechnology-BIRAC, Government of India.
• Selected by Startup India, DPIIT, Ministry of Commerce & Industry, GoI, for the Startup India Seed Fund Scheme (SISFS) for an amount of ₹5 Crore.

Curriculum

The MBA IEV curriculum is a structured, outcome-oriented framework that integrates entrepreneurship-focused coursework with skill certifications, capstone projects, and action learning segments. The programme is designed to bridge the gap between innovation theory and practical application, facilitating the transformation of students into entrepreneurs.

Throughout the programme, participants progress from foundational to advanced modules in innovation management and venture development. This phased approach allows students to simultaneously apply their skills in real-world scenarios—validating ideas, building innovations, and testing markets to develop viable business ventures.

The curriculum is delivered over four semesters and includes two Action Learning Segments and three Capstone Projects. These components enable students to:

• Recognize, create, and shape new business opportunities.
• Develop leadership capabilities and assemble start-up teams.
• Construct robust business models.
• Assess market feasibility for the launch of new start-ups.

MBA – IEV (INNOVATION, ENTREPRENEURSHIP & VENTURE DEVELOPMENT) – CURRICULUM STRUCTURE