Call for Proposal for TIH-IoT Technology Development Program 2022 (2) | Applications invited for “Aarohan” – TIH-IoT Seed Support Program 2022 | Applications invited for TIH-IoT CHANAKYA Fellowship Program 2022-2023 (3) | Results of TIH-IoT Entrepreneur in Residence (EIR) Program | Shortlisted Startups/Projects for AYANSH TIH-IoT Start-Ups and Spin-Offs Program 2022

Business incubation has been globally recognized as an important tool for job creation and economic development. ICPS Division of the Department of Science and Technology, Government of India is supporting Technology Business Incubators primarily in and around academic, technical and management institutions to tap innovations and technologies for venture creation by utilizing expertise and infrastructure already available with the host institution. Recently non-academic institutions have shown interest in setting up CPS-TBIs. Technology based new enterprises are high risk and high growth ventures, and require an enabling environment like CPS-TBI to enhance the prospects of their success. There are different variants of incubators like – Technology Business Incubators (CPS-TBIs); Innovation Hubs; Centers for Innovation &Entrepreneurship; Virtual Incubators and Seed Accelerators.

Objectives of CPS-TBI

  • To create jobs, wealth and businesses aligning with national priorities.
  • To promote new technology/knowledge/innovation based startups.
  • To provide a platform for speedy commercialization of technologies developed by the host institution or by any academic/technical/R&D institution or by an individual.
  • To build a vibrant start-up ecosystem, by establishing a network between academia, financial institutions, industries and other institutions.
  • To provide cost effective, value added services to start-ups like mentoring, legal, financial, technical, intellectual property related services.