TBI (Technology Business Incubator) Cell

Come with “Innovative Ideas” Excel as “Entrepreneur”

Bring out your innovative instinct and become a Techno-Entrepreneur. You could be an aspirant with business acumen, an Entrepreneur or SSI unit with specific product ideas.

Entrepreneurship is a mindset that can be developed by any professional who aspires to become an employer. The increasing demand and recognition for Innovation and Entrepreneurship for ensuring the welfare of the society and economic growth have motivated this great leap forward to promote the Technology Business Incubator Cell. With proper education, Entrepreneurship can be inculcated into the minds of young professionals.

This MVIT TBI 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 budding entrepreneurs to incubate their technology venture through commercialization.

Incubators support startups that are in the initial stages of building their product or service. These startups do have an idea, but incubators guide them to make it a reality and reach the market. Incubators do not work on strict timelines and focus more on the long-term sustainability of the company.

Startup incubators not only help a startup with initial funding, but they also help them in making their innovative product a reality through experienced mentors. A startup’s journey is difficult and any guidance from those who have already succeeded on this path is really a blessing.

Our students have submitted innovative idea to Ideas for New India Challenge 2020. The Incubators / Host Institutions (HI) approved for the scheme will be supported by the Office of DC-MSME. Incubates selected ideas will be provided funding support up to Rs. 15 lakhs per approved idea, through the business Incubators chosen by them.

The total of fourteen innovative ideas has been submitted for consideration by students of MVIT, the top placement college in Pondicherry.