A JOINT INITIATIVE OF UNIVERSITY OF MADRAS and DEPARTMENT OF SCIENCE AND TECHNOLOGY, GOVERNMENT OF INDIA.
Technology Business Incubator at University of Madras (TBI-UoM ), a joint initiative of University of Madras and Department of Science and Technology, Government of India, was established in October 2006 at a project outlay of Rs.4.97Crores. This venture was set up to facilitate growth of knowledge-based sustainable businesses in the areas of herbal and biotech products for the health industry.
University of Madras, an accredited Institution with five star status has several departments and Centers of excellence broadly grouped as Chemical, Physical, Material, Biological and Basic Medical Sciences spread over at Guindy and Taramani Campuses.
To make significant impact in the University and Industry to promote innovation and entrepreneurship resulting in wealth creation to the country.
Besides the existing infrastructure facilities available in various departments of the University of Madras, TBI-UoM plan to supplement with Powder X-ray diffractometer, HPTLC, Fermentors (industrial scale) for the use of the entrepreneurs.
The University faculty members of science groups with rich research and development background provide mentoring and technical guidance to the start ups.
The aspiring entrepreneur shall have a visible techno-business concept, preferably in the focus areas of the TBI-UoM. The aspirant may be a fresher from the institution / freelance entrepreneur / SME or even big industries needing support to diversify in related specific areas.
TBI is governed by the Board of Governors drawn from Industry and University with honorable Vice Chancellor as the Chairman.
Industry Academia Meet 2007 was held on 8th January Expertise in the form of patents and infrastructure facilities in various departments was showcased by the faculty members to the industry. Similarly industry had presented their requirements and expectations from the University. As a result of this Industry Academia meet 2007, discussions are in progress with industries to establish Industry - University linkages.
Dr. G. Gangi Reddy
Managing Director
Technology Business Incubatorr
University of Madras.