**Summary: Infosys Incubator Program Aims for Innovation and Growth**
Infosys has launched an incubator program to foster innovation and generate new business ideas, targeting its employees to think like entrepreneurs.
### Who, What, When, Where, Why
– **Who:** Infosys, the second-largest IT services firm in India.
– **What:** An in-house incubator program called “Be The Navigator Business Incubator.”
– **When:** Launched on December 26, 2024, with a pre-seeder phase from March 21 to April 4, 2025.
– **Where:** Primarily in India and the US, where most employees are located.
– **Why:** To drive growth and innovation while engaging its workforce of 320,000 employees.
### Incubator Program Details
– **Submissions and Selection:**
– Infosys received 700 submissions and shortlisted 100 ideas.
– Most ideas (84) came from mid- and senior-level employees (JL5 to JL7), with only four from entry-level staff (JL3 and JL4).
– **Focus Areas:**
– The majority of selected ideas (23) are in Application Development and Maintenance (ADM).
– Other notable themes include engineering and global delivery.
– **Support and Rewards:**
– Selected teams will receive mentorship from senior leaders and up to $2,000 in rewards.
– The company will fund necessary software, hardware, and marketing for advancing projects.
– Intellectual property rights will remain with Infosys, with inventors acknowledged per company policy.
### Conclusion
As Infosys seeks new growth avenues, will this incubator program successfully engage its workforce and lead to innovative solutions?
### FAQ:
**What is the primary goal of the Infosys incubator program?**
The primary goal of the Infosys incubator program is to foster innovation and generate new business ideas by encouraging employees to think like entrepreneurs.
