The IIM Calcutta Innovation Park (IIMCIP) is a not for profit (Section 8) company established under the aegis of IIM Calcutta to promote Innovation and Entrepreneurship. The broad objectives of IIMCIP are: 1. To promote entrepreneurship and create a nurturing ecosystem where fledgling enterprises with innovative ideas and solutions can flourish 2. To promote Innovation in research and business through industry-academia partnership The IIMCIP aims at creating a complete and comprehensive ecosystem to promote and nurture innovative enterprises. There are two broad verticals under IIMCIP – Business Incubation Unit and Innovation Lab.