TBI (Technology Business Incubator)

As the top engineering college, MVIT has a technology incubator. TBI aims in helping students with Innovative ideas to become an Entrepreneur. Many students nowadays have an aim to become a business person. Many of them have the potential and skill to be one. But they may not have the proper guidance and molding required to become a successful one.

TBI focuses on supporting, molding and developing the innovative ideas of students and help them in focusing on becoming a successful entrepreneur.

India is the country with the most number of successful startups worldwide. Innovation and business development is playing a major role in development of our society and nation. Also it is one of the fast developing sectors in a young country like India.

This Cell aims to foster Techno-entrepreneurship more systematically and comprehensively with a focus on incubating in all ventures through technology interventions. The idea behind is to promote and develop high-end entrepreneurship and assist future entrepreneurs to develop their technology venture through commercialization.

Focus

  • Our major focus is to nurture the start-ups in the emerging technology areas and provide assistance to SMEs.
  • Creation of technology based new enterprises.
  • Creation of value added jobs and services.
  • Developing new tools of technology transfer.
  • Fostering the entrepreneurial spirit.
  • Speedy commercialization of R&D outputs.
  • Creation of technological awareness in existing Small and Medium Enterprises (SMEs).
  • Assistance to existing SMEs by way of specialized services.

Roles and Responsibilities

  • Arranging for entrepreneurship and product incubation awareness and motivation programs like workshops & seminars for our students.
  • Identification of best innovative project ideas of our students and faculty leads to product development, then arranging for discussions with Govt. EDP Experts and MSME experts.
  • Initiate the action for starting Innovation cafe in our college.
  • Facilitating conduction of skill development programs, Technical workshop & training, Value added Hands on Training Program which leads to self employment through entrepreneurship.

TBI Success Formula

  • Students and staff are directly involved in product/services development along with the entrepreneurs and TBI. It creates a win-win situation for both staff/students and entrepreneurs.
  • MVIT as a host institute makes its facilities available to the entrepreneurs.
  • Faculties are also involved in conducting training programs for staff, students and working engineers.