Technology Business Incubator (TBI)
Technology Business Incubator (TBI), is an incubation centre here at MIT Kundapura, for providing space and state of the art facilities such as office, high-speed internet, access to engineering labs and library, 3D printer, etc. and as well as providing training, internship, mentorship and guidance and funding connect (from government and private organisations) for budding entrepreneurs for the successful incubation and functioning of their startups.
We focus and motivate startups who have potential to change the dynamics of the society for the betterment of mankind and any student, faculty and person from across india, who wish to make such impact in the society, can come incubate and become part of the TBI family.
Our vision is to become one of the leading incubation centre that incubates & nurtures innovative startups holistically from its incubation to established entity stage.
Our mission is to educate & train students and incubatees and make them competent to establish and lead innovation-based entrepreneurship.
To inspire and motivate students and incubatees from about pursuing entrepreneurship.
To incubate, nurture and mentor startups, rural employment generation through these startups and overall rural development are at the heart of TBI objectives.
To provide continuous mentorship and guidance to the students and incubatees.
To organise lecture sessions, seminars, conferences, online meet-ups with eminent personalities from industries as well as academia with regards to entrepreneurship.
To deliver technical know-how regarding products and services by organising skill development sessions and trainings to the students and incubatees.
To invite angel investors, funding agencies and venture capitalists on regular basis for the fundings of the startups to kick-start their projects.
To assist Government of Karnataka and Government of India to reach potential entrepreneurs who can provide employment to future youth and serve Nation with their useful products.
To educate for the proper utilisation of Government funds in creating employment and facilitation by the incubated startups.
10 startups (in 1st year of operation)
TBI will help budding entrepreneurs and their startup to get Grant-in-aid for each startup as per the schemes and policies of the government of Karnataka and the Startup India for prototyping and testing the Proof of Concept (POC) and/or beta-prototype of the proposed product and services from startup. Startups will apply for grants and financial aid by utilising the TBI as a platform, once and after a thorough assessment by TBI team.
5000 sq. ft of ready-to-use, built-up space, for the exclusive use of the proposed TBI. The institution has made this infrastructure facility exclusively for TBI. As and when required, additional space is also available for conducting experiments and other startups related activities.
Equipments are purchased for the set-up of Technology Business Incubator, in association with Government of Karnataka and Government of India. 10 HP/DESKTOP, 3-D PRINTER, CANNON COPIER, 10 HP SMART TANK 515 AIO PRINTER, Xerox machines, WI-FI facility, Softwares, Operating Systems, Printers, Fire Extinguishers, A.C., DG set, consumables and stationary materials.
Technical and staff capabilities: MIT Kundapura have the knowledgeable and competent faculties, who can guide and mentor to various startups. Also, the institute has labs and lab space to perform experiments and to test the Proof of Concepts (POC) and work on beta prototype products and services.
There are following six department in the institute: Computer Science & Engineering, Mechanical Engineering, Electronics & Communication Engineering, Electrical & Electronics Engineering, Civil Engineering, Basic Science & Humanities and Management Studies; which gave us leverage to take up a wide spectrum of startups in TBI from various fields.
Message from the Director of Technology Business Incubator at MIT Kundapura
It is giving me immense pleasure to write about the Technology Business Incubator (TBI) at MITK. With the introduction of Startup India, Standup India and various government schemes, the entrepreneurial environment in the country has become more conducive and favourable to budding entrepreneurs. And to uplift this spirit, the TBI here at MIT Kundapura plays a great role.
TBI is a vibrant place for entrepreneurs, innovators and next-generation thinkers, who are ready to take up challenging problems in society and transform their Ideas around it into viable solutions in terms of products and services, thereby creating jobs and livelihood for people along with following their passion for entrepreneurship.
As a Business Incubator, we have some of the best facilities in the Karavali region to host startups from various Industrial domains such as Tech, Fintech, Agritech, IT, Mechatronics, etc. and mentor and nurture them. we have high-end computing facilities, modern workspace, Library & information centre, 3D printers and other necessary equipment and facilities, training and conference facilities, etc. to name a few. TBI conducts various entrepreneurial sessions, seminars and conferences for startups. It also connects the right industrial mentors which best suited for the budding startups and call for various funding meetups & rounds and pitch deck presentations for getting financial support from government and private investors.
TBI is open to anyone who envisaged transforming the world, by bringing about significant changes in the world through entrepreneurship. I heartily welcome all those who aspire to become next-generation entrepreneurs and want to shape their ideas into products in the country, to pay a visit to our incubation centre and join and become part of the TBI family.