Call For Nidhi Prayas Grant Application 2022

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Vel Tech TBI (Technology Business Incubator) enables technology embedded and innovation powered start-ups to survive and scale across a wide-spectrum of thrust areas with funding, infrastructure, mentorship, industry networking, resources and training. Vel Tech TBI established with E-waste and Plastic waste management as its thrust area and created national recycling facility of e-waste and plastic-waste management, Bio incubator to support bio technology innovations, 3D Printing facility. It was one of the first institution from India to be a member of StEP (Solving the e-waste problem) instituted by Germany. In the year 2015, Department of Science and Technology supported Rs. 2 Cr under DST – Seed Support System. Under this, Vel Tech TBI incubates get financial loan (Convertible debt) up to Rs. 50.00 Lakhs. In the year 2017, Department of Science and Technology, Ministry of Science and Technology, Govt of India has recognized six existing Technology Business Incubators as Centre of excellence under NIDHI (National Initiative for Developing and Harnessing Innovations, Vel Tech TBI was recognized as one of the Centre of Excellence based on the performance and thrust area focused and received support of INR 23 Cr. In line with our National Mission “Make in India”, Vel Tech TBI has created the state of art facilities such as manufacturing facility with advanced CNC machines, NDT technology for product development & inspection, NVIDIA supported AI, ML, DL & digital services lab to support IT innovations. The Vel Tech TBI Ecosystem is rich in diversity with startups {Student & Alumni and external}, mentors, investors (Angel and VC’s), Trainers, thought leaders in various areas, people from industry bodies, corporate MD’s, CXO’s, People who assist in company formation (CS Professionals), Chartered Accountants, Industry professionals, various service providers, Lawyers, Technologists, Domain experts in various areas like Retail, E-commerce, Finance, Insurance, Product building and scaling, Manufacturing, Business Plan experts, Pitching to investors etc.

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