To foster the spirit of encouraging entrepreneurship, IWSB has undertaken various initiatives. The Institute has a Business Incubation Centre with a seed fund of US$ 1 million. A nation-wide business plan contest 'Srijan' has already been conducted twice to identify business ideas that are currently being incubated at IWSB. Addressing the students, parents, faculty and the press Director IWSB talked about how trust of 40 young and bright future leaders gave IWSB infinite courage to tread a path that was not going to be an easy one. He further elaborated on beliefs shared at IWSB, like belief in evolving organically and which is not possible without experimentation and research as well as integrity of approach to looking at organizational issues. Additionally, the Rural Immersion Program is an integral part of the PGP at IWSB. It provides an exposure to the rural environment with an aim to sensitize students about the challenges faced by local people in leading their lives, their developmental issues, their culture, system, institutions, and local governance.
