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WHY KIET

Technology Business Incubator

The Technology Business Incubator (TBI) was established by and is supported jointly by the National Science & Technology Entrepreneurship Development Board (NSTEDB), Ministry of Science & Technology, Government of India and Krishna Institute of Engineering & Technology, Ghaziabad in Dec. 2007.

The Technology Business Incubator has a very strong Governing board comprising of Ex. Hon’ble Vice chancellor and Advisor, TBI-KIET Group of Institutions (Eminent expert of Entrepreneurship), Representative of National Science & Technology Entrepreneurship Development Board, Ministry of Science & Technology, Govt. of India, Additional Industrial Advisor, Ministry of Micro, Small & Medium Enterprise, Govt. of India, SIDBI (Small Industries Development Bank of India), Representative of NRDC (National Research and Development Corporation), Lead Bank Manager, Syndicate Bank, Ghaziabad, Directorate of Industries, R&D expert, lead entrepreneurs, etc.

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The Chairman of the Board is Head (HI), KIET Group of Institutions, Ghaziabad and General Manager, TBI-KIET who is an ex-officio Member Secretary of the Governing board of TBI-KIET, Ghaziabad. The thrust areas of TBI-KIET are ICT, Mechanical, Electronics & Electrical. Since its inception, TBI-KIET has shown remarkable growth and 52 incubatees were supported by TBI out of which 31 incubatees graduated successfully.

Twenty One ideas were also funded by the Ministry of Micro Small & Medium Enterprise Govt. of India and the grant to each idea was Rs. 6.25 Lacs. Under CSR we have Signed MOU with Mahindra World City-SEZ, Jaipur to establish a TBI office at Jaipur with an objective to create “Human Capital under the Scheme “Apni Pehchan Kausahl Se”. Till date 1488 persons have been trained under the scheme and 288 persons placed in a company of related area and also 100 SHGs were formed by women of the catchment area under the project. Based on our performance Mahindra World City-SEZ has awarded Certificate of Excellence for skilled training programme being implemented by TBI.

Besides CSR, TBI-KIET is organising a regular variety of programmes for the unemployed youth, Engineering/Management unemployed youth, faculty members and officers of various engineering / management colleges. Till date in all programmes i.e. EAC, EDP, WEDP, TEDP & FDP a total of 17,005 candidates have been trained.

During the last 11 years our remarkable growth has been endorsed by NSTEDB, DST, Government of India, by approving the flagship programme of the Ministry i.e., National Initiative for Developing and Harnessing Innovations – Entrepreneur in Residence (NIDHI-EIR), under this scheme we are giving fellowship of RS. 20,000/- to 30,000/- per month for the next one year to 12 aspirants.
(Details Linkhttp://www.nidhi-eir.in/pdfs/NIDHI-EIR_guideline.pdf)

TBI-KIET has been also selected by NITI Ayog under the flagship programme of the Hon’ble Prime Minister i.e., Atal Innovation Mission. TBI-KIET has been selected under the scheme for Established Incubator Centre (EIC).
(Details Link: http://aim.gov.in/pdf/Round-2-Atal-Incubators-Shortlist-May-04-2018.pdf)