Across the globe, an emerging trend is the widespread adoption of intra-company startup ecosystems by organizations of all sizes and industries. This innovative approach serves as a catalyst for nurturing entrepreneurial spirit within the workforce. The primary objective is to empower employees to transcend their traditional roles and envision themselves as entrepreneurs, driving the pursuit of fresh and innovative business ideas. These intrapreneurial ventures can substantially benefit both employees and the company as a whole.

The NTPC Business Incubation initiative, known as “NTPC-Ideathon,” is a strategic endeavor aimed at nurturing an internal startup ecosystem within the company. This initiative is designed to inspire and empower internal innovators possessing an entrepreneurial mindset, motivating them to conceive novel ideas and transform them into tangible products and solutions. By doing so, it serves a dual purpose: to bolster NTPC’s expansion into emerging markets and to effectively tackle challenges within its existing business landscape.