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REPORTS 116
EDII

Centre for Advancing and

Launching Enterprises

Technology beckons development and success. In this era of start ups and entrepreneurship, innovative
tech-based ideas are getting incubated and evolving into revolutionary possessing the power to alter the
business landscape. Initiated in 2016, the Centre for Advancing and Launching Enterprises (CrAdLE) is a
technology business incubator hosted by EDII, Ahmedabad and catalysed & supported by National
Science and Technology Entrepreneurship Development Board (NSTEDB), DST, Govt. of India. CrAdLE
extends technical expertise, advice on intellectual property, mentoring and assistance in business plan,
networking, sources of nancing and working space to pioneering ideas in the segments of manufacturing,
food processing, renewable energy, healthcare and many other emerging areas. Till now, 72 startups have
been incubated by CrAdLE.

With the support of CrAdLE, Univia Pvt. Ltd., Rayush Naturals, NeerX, Omspace and Naapbook Pvt. Ltd. got
the opportunity to demonstrate their innovative startup ideas before Hon'ble Chief Minister of Gujarat,
Shri Bhupendrabhai Patel on 18th, November at StartUp Success Platform - 'From Atmanirbhar Gujarat to
Atmanirbhar Bharat'.

Arthayan is a startup ecosystem enabler with the aim of fostering entrepreneurship in India by providing
funding facilitation through their tech platform named 'Funding Quest' that uses a proprietary algorithm to
match startups to Venture capitalists based on their investment thesis. CrAdLE rolled out a programme in
partnership with Arthayan – 'Arthayan Funding Quest 1.0' where startups learnt about the fundamentals
of fundraising so that they could grasp the nuances of developing a winning pitching for their business
ideas to various Investors.

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