# Centre for Incubation and Business Acceleration

Centre for Incubation and Business Acceleration is an Asset Manager based in Goa and Mumbai, India.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Goa and Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, India
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** www.ciba.org.in
- **LinkedIn:** https://www.linkedin.com/company/centre-for-incubation-&-business-acceleration

## Regulatory record

- **Reports private funds:** No

## About

Centre for Incubation and Business Acceleration is a technology business incubator based in Goa and Mumbai that supports and nurtures startup companies with incubation, modern office spaces, mentoring, networking opportunities, seed funding and rapid prototyping. Formerly Agnel Entrepreneurship Development Institute, it has supported over 5000+ entrepreneurs and works to grow a collaborative entrepreneurial network and transform Goa as a hub for innovation.

## Sectors

- Venture Capital

## Offices

- Verna, Goa, India
- Assagao, Goa, India
- Vashi, Navi Mumbai, India

## People

- Amey Karmali — CEO
- Sanjay Mulvi — Head-Seed Fund & Incubation
- Olinda Lobo — Accounts and Secretarial Assistant
- Aarti — Assistant Manager
- Fr. Alarico Carvalho — Chairman of CIBA

## Questions

### Who provides the founding capital for Centre for Incubation and Business Acceleration?

Agnel Charities acts as the parent organization and primary benefactor.

### Which external parties sit on the Board of Governors?

Representatives from Reliance Industries, Kae Capital, CIIE IIM Ahmedabad and the Department of Science and Technology hold board seats.

### What stages does the firm target for investments?

The firm focuses on seed and start-up rounds.

### Does the firm operate additional physical locations?

Yes. Sites exist in Verna and Assagao in Goa plus Vashi in Navi Mumbai.

### Is the firm a member of any industry associations?

It belongs to the Indian Science and Technology Entrepreneurs Parks and Business Incubators Association.

## Related profiles

- [Centre Partners](https://altss.com/profile/centre-partners)

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Last updated: 2026-08-11T15:06:27.647Z

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