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VIT gets award for its Technology Business Incubator

Posted on: 11/Feb/2010 5:09:44 AM

The Technology Business Incubator is a concept to assist Technocrats who are aspiring to become entrepreneurs; by providing all necessary information to get contacts and connections., financial assistance for development, , help  to establish R & D , necessary training  etc.,   As initiative TBI has been established d in many centers in India including the one in VIT.   The TBI centre in VIT has provided state of the art facilities to the aspiring entrepreneurs at  cost of  Rs 2 Crores. In the last three years, VIT‘s TBI has   developed 10 entrepreneurs and assisted them with financial assistance to the tune of Rs 1 Croe at a low rate of interest.  In appreciation of their operation the VIT‘s TBI has got national award. This award was presented to the Chancellor of the University G Viswanathan by Prithiviraj Chavan  , the Minister for State for Science and Technology.

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