Technology Business Incubator (TBI)
Technology Business Incubator (TBI) at National Institute of Technology, Calicut(NITC) is a venture set up jointly by the Department of Science and Technology, Govt. of India and National Institute of Technology, Calicut in the year 2003-2004 to support the startup industries in IT and electronics field.
Along with Information technology (IT) and electronics industries, TBI also supports technology startups in various other sectors like software, rubber technology, biotechnology, nanotechnology, agriculture and renewable energy. The units incubated in the TBI generate employment opportunities for at least 300-350 people.TBI can claim 87% success if the sustenance of the incubated units is considered. TheTBI currently manages to incubate 15-17 companies at a time. TBI provides workspace with shared office facilities with an emphasis on business and professional services necessary for bringing up and supporting the early stage growth of technology and technology-based enterprises.
• Established in 2004 • Funding from DST, MSME and more • 34 companies graduated • 13 companies are under incubation •