The History

A JOINT INITIATIVE OF UNIVERSITY OF MADRAS and DEPARTMENT OF SCIENCE AND TECHNOLOGY, GOVERNMENT OF INDIA.

About us

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.

Mission

• Strive to foster entrepreneurship amongst students/faculty members of University of Madras
• Encourage new ideas and support to translate ideas into enterprises
• Consistently proclaim "A failure in an attempt to become an entrepreneur is not a sin but is a qualification for success"
• Promote University Industry
• Research Institute linkages
• Commercialise research outputs

Vision

To make significant impact in the University and Industry to promote innovation and entrepreneurship resulting in wealth creation to the country.

TBI - Purpose

• Economic development / Wealth creation
• Community development
• Facilitate industry competitiveness

TBI - Objectives

• Promote clusters of technology based small enterprises
• Foster commercialisation of University technologies to Small and Medium Enterprises (SMEs)
• Facilitate to start-up companies/enterprises to develop Products/ processes
• Facilitate University-Industry linkages
• Creation of technological awareness in existing SMEs

TBI - Functions

• Identify potential entrepreneurs
• Provide workspace
• Provide technical guidance
• Provide support systems (infrastructure, conference hall, internet, fax etc.)
• Marketing guidance - Provide consultancy in Intellectual Property Rights (IPR), legal and financial aspects
• Assistance in obtaining statutory approvals for the requirements of SMEs
• Monitor business growth of the graduated incubatees

TBI-UoM Scope for Technology Development

• Development of drugs from medicinal plants for treatment of infectious diseases like Hepatitis - B & C, HIV, besides Cancer, Endocrine and Metabolic disorders etc.
• Phytopharmaceuticals & Nutraceuticals
• Medicinal plants cultivation, seed bank development and conservation of endangered species structure elucidation of drug molecules
• Development of indigenous diagnostic kits and assays for infectious and metabolic diseases
• Conduct collaborative clinical trials for validation of drugs and vaccines

TBI - UoM Facilities

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.

TBI - UoM For whom

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.

Board of Governors

TBI is governed by the Board of Governors drawn from Industry and University with honorable Vice Chancellor as the Chairman.

Industry Academy Meet 2007

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.

Contact Address

Dr. G. Gangi Reddy
Managing Director
Technology Business Incubatorr
University of Madras.