A new TBI for incubating Telecom based companies was granted for the joint proposal submitted by Technopark TBI & MobME. The National Advisory Committee (NAC) on Science and Technology Entrepreneurship Parks/ Technology Business Incubators (STEP/TBI) meeting chaired by Prof S K Joshi recommended setting up of a TBI under PPP model between Technopark TBI and MobME at Korraty, Kerala focusing on application of Telecommunication Technologies services and products. The Committee in its meeting held on Aug 5, 2009 at Coimbatore recommended DST funding of Rs.250 Lakhs for the new project after listening to the presentations made by Mr. Sanjay Vijayakumar, CEO MobME and Mr. KCC Nair, Secretary cum Registrar, T-TBI.
Gone are those days when one had to arrange infrastructure, finance and all other facilities essential for starting up a Business.Now it’s the era of Technology Business Incubation.Technology Business incubators are programs designed to accelerate the successful development of entrepreneurial start ups through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts.
TBI provide incubatees with necessary infrastructure support, technology/ prototype development support, research assistance, help in getting funding, business consulting assistance and do whatever is necessary to make the start-up a success.Infact the TBI helps an entrepreneur to overcome all his teething problems making his venture a Successful one……………
Isn’t it a wonderful facility ..