kiit technology brochure.pdf · blue dart, safe express, bajaj capital, hitachi etc. having raised...
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Pursuing, Nurturing & Translating Ideas
to Enterprises
A Section 8 Not for Profit Company
KIITTechnologyBusinessIncubator
About Us
No matter at what stage you’re in, we can get
alongside and help you grow.. . !
106+ 120+ 125+ 750+
KIIT Technology Business Incubator (KIIT-TBI) was started in 2009 as an initiative of KIIT University and has since been supported by National Science and Technology Entrepreneurship Development Board (NSTEDB), Dept. of Science & Technology (DST), Govt. of India. It is a registered Not for Profit Section (25) Company having registration number U80302OR2009NPL011211, 2009-1010.
Since its inception, KIIT-TBI has provided a vibrant ecosystem for promoting innovations and entrepreneurship development. It has proved to be a
Startups Supported Innovators SupportedTechnologies Created Jobs Created
potential centre of relevance and excellence in the eastern part of India. Having established as a premier laboratory incubation center, KIIT-TBI has expanded its verticals in healthcare, biomedical and social incubation covering 1,20,000 sq. ft. built-up area. Our status as an emerging social innovation hub in the country is reinforced by the DFID INVENT seed fund.
KIIT-TBI is a member of Asia Pacific Incubation Network (APIN) and Indian STEPs and Business Incubator’s association (ISBA) and recognized as Scientific and Industrial Research Organization by DSIR.
KIIT-TBI is intended for offer ing
a conducive ecosystem to
promote the innovation capacity
of the start ups/ SMEs and
enable them to create new
technology based products and
markets leading to job creat ion
and thus strengthening the
regional and nat ional economy.
KIIT-TBI 2
• Business office suites (150 - 400 sq ft).
• 24X7 High Speed Wireless Internet.
• Conference rooms, meeting rooms with A/V conferencing and library.
• Startup Pack - array of services and products as special packages through our channel parters.
• Laboratories for R&D and product development which includes, Tinkering, Food Testing, Plant Tissue Culture, Animal House, Analytical, Cell Culture, Bioprocess Labs and Sequencing Facility.
• Access to Sophisticated instruments like LC-MS/MS, GC-MS/MS, MP-AES, ICP-OES, DLS, Confocal Microscopy, FTIR, FPLC and HPLC.
• Technology and Idea Validation.
• Funding and Investment.
• Product Development and Testing.
• Legal, Regulatory and Compliance Support.
• Identification of Market Opportunities.
• Networking with potential Advisors and Mentors.
• Linkages with Industry and R&D Labs for Technology Sourcing and Transfer.
• Reasonable lease terms.
THRUST AREAS
• Agri Biotechnology
• Biotechnology
• Cleantech & Renewable Energy
• Engineering & Technology
• Food Technology
• Healthcare Diagnostics
• ICT & Embedded Systems
• Social Innovation
Facilities
Support
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BioNEST
KIIT-TBI Bioincubator has been in operation since 2012, with support from BIRAC under the Bioincubator Support Scheme (BISS). It has
established itself in the eastern region with an excellent track record for growth and development of early stage companies carrying forward
translational research. Having an unrivalled ability to cater for the needs of both office and lab-based startups, by providing flexible and
affordable accommodation it’s currently home to 30 innovators including companies operating in the agri biotechnology, industrial processes
to formulations, nanotechnology and medical devices sector.
BIRAC has recently initiated Bio-NEST program, aimed at creating 15 worldclass bioincubators, with KIIT-TBI being one of them. This programme
provides incubation space, mentor network, instrumentation facilities, IP and technology management support.
Entrepreneur-in- Residence (NIDHI-EIR)
The programme aims to inspire brilliant minds to be entrepreneurs,
to minimise the risk involved in pursuing start-ups, and to partially set
off their opportunity costs of high paying jobs. The scheme provides a
fellowship up to Rs.30,000 per month to an aspiring entrepreneur of
considerable potential for pursuing a promising technology business
idea for a maximum period of 12 months. The entrepreneurs are
provided with an office space, administrative support and a stipend
to foster most of their ideas and turn innovative breakthroughs into
viable businesses. The programme thus encourages enterprising
individuals to venture out and pursue daring entrepreneurial ideas as
well as enhances the quantity and quality of start ups.
NIDHI - PRAYAS Centre (PC)
The main objective of the KIITTBI-NIDHI PRAYAS Center (PC) is to
support the innovators (PRAYASEE) by providing prototyping grant
along with a PC Fab Lab facility for the development of PoC/Product
thus bridging the gap between idea and prototyping. The current
focus areas for support are manufacturing, agriculture, healthcare,
clean-tech, energy, water and Internet of Things (IoT). Along with a
prototyping grant of upto 10 lakhs, the grantees will be provided with
technical guidance, business mentorship and IP facilitation support.
After prototyping stage, they will be eligible for futher funding and
incubation support at KIIT-TBI to scale their product/service with the
help of various support schemes.tation facilities, IP and Technology
management support.
Biotechnology Ignition Grant (BIG)
BIG is the flagship pioneering startup funding
programme of BIRAC, DBT, GoI. With a
grant-in-aid of up to INR 50 Lakhs over a period
of 18 months, the scheme encourages and
supports biotech entrepreneurs to establish
and validate proof of concept (POC) for an idea
with a commercial potential.
SPARSH - SIIP
Social Innovation Programme for Products
Affordable and Relevant to Societal Health
(SPARSH) highlights the need of innovative
solutions to society’s most pressing social
problems.
SIIP (Social Innovation Immersion Program) is a
fellowship programme under SPARSH scheme
that aims to build the next generation of social
entrepreneurs by helping them immerse and
interface with communities to identify gaps
and then work on bridging the gaps through
an innovative product or service offering. The
program offers a fellowship of upto Rs. 50,000
per month for a period of 18 months along with
a prototyping grant of Rs. 5 Lakhs.
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NIDHI-CoE (Digital Health Lab)
Digital Health Lab is set up to meet the overwhelming challenges of Indian healthcare scenario by fostering an ecosystem for indigenous
mHealth solutions (Make in India + Digital India). Its purpose is to successfully develop digital health solutions for real-world applications;
enabling new ideas to be tested, validated, and commercialised more rapidly, thereby making lives better. NIDHI - National Initiative for
Developing and Harnessing Innovations aimed at helping startups across the country in terms of both funding and incubation support.
Digital health technologies empower us to track and manage our health in a better way. It can personalize and optimize treatments while
reduces the medical inefficiencies of medical delivery and at a fraction of costs. Digital trends have already generated a steady increase in
efficiency and process optimization across different sectors.
MSME Business Incubator (MSME-BI)
The incubator programme addresses the gap between idea and com-
mercialisation. Each selected innovators will receive MSME grant upto
6.25 lakhs along with incubation support for nurturing innovative
business ideas (new indigenous technology, processes, products,
procedure etc.) which could be commercialised within a year. The
currents focus areas for support are mechanical engineering, food
processing, chemical, and electronic, software engineering in general.
The idea is primarily for sustaining, at some basic or introductory
level, the incubation of ideas that would have otherwise been lost
for want of support. The expectations are that a sizeable percentage
of the grantees/incubates would be graduating to higher levels of
operation that would then require other follow on funding support .
NIDHI - Accelerator Programme
The accelerator program aims to build and attract high quality
startups, and have a customer centric validation model which
enhances investment readiness as well as worthiness.
The programme offers 3-6 months’ fast track structured program
helping ideas get accelerated to the next level through deep
mentoring process and access to funding and market networks in a
rigorous and structured manner. This will eventually strengthen and
enhance the entrepreneurial ecosystem by building a pipeline of
potential high quality, sustainable start-ups. The overarching aim of
the program is to nurture the start-ups through scouting, supporting
and scaling of innovations which would help aspiring entrepreneurs
in the country to grow their business and make them market ready.
INVENT
KIIT-TBI is one of the implementing partners
for the INVENT program designed for the
8 low-income states of Bihar, Chattisgarh,
Jharkhand, Madhya Pradesh, Odisha, Rajasthan,
Uttar Pradesh and West Bengal. KIIT-TBI with
its network, bandwidth, experience, expertise
and exposure, aims to support start-ups in the
social arena. It aims at catalyzing the ability
of innovators to establish sustainable social
enterprises which can have a positive impact
on the “Bottom of the Pyramid” (BoP). KIIT-TBI
manifests to support innovation and uniqueness
in its quest to fulfil the objectives of INVENT.
TIDE Centre
KIIT-TBI TIDE Centre was established on May
2010, in supported of Ministry of Electronics
and Information Technology (MeitY),
Government of India, under Technological
Incubation and Development of Entrepreneurs
(TIDE) scheme. The main objective of the
scheme is to foster innovation and enterprises
in the areas of Electronics and ICT, by enabling
young entrepreneurs to initiate technology
startup companies for commercial exploitation
of the technologies developed by them.
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Robotic Wares
The company behind hugely popular Mobile
Workforce Management Platform – FarEye
has seen a 20-fold growth in the last 9 months
and currently handles 5+ million transactions
worldwide. Their solution increases companies’
productivity and reduces cost by enabling
efficient field workforce management and
transparency in field operations across industry
verticals and geographies.
The company works with businesses across
various sectors and has established itself as a
leader in the logistics ecommerce industry by
securing clients such as Walmart India, DTDC,
Blue Dart, Safe Express, Bajaj Capital, Hitachi
etc. Having raised ₹ 2.0 crore from Indian Angel
Network (IAN) in 2014 they have recently raised
funding of $ 3.5 million (around ₹ 20.0 crore) in
Series A funding from SAIF Partners.
iOKE Motors
Has developed a wheelchair, AEGLE™, a series
motorized mobility aid which is engineered with
advanced lean manufacturing techniques to suit
the needs of the disabled. It has advanced features
like cell-phone integration, long battery back-up,
light weight, reclining back rest to provide the best
ergonomic design. Recently they were awarded
Innovative Young Entrepreneur Award by OTV (2016)
in the SME category.
Ziplr
Ziplr offers enterprise grade solution for shortening of URLs, branding a domain & gathering statistics. It enables companies by
helping them build their brand through branded short domain, short URLs and detail statistics and analyse their traffic data. It has
secured the contract from Govt. of Andhra Pradesh to implement digital marketing strategies. One of the founders, Mr. Nrupal
Das was awarded Innovative Young Entrepreneur Award by OTV (2015) and was invited as one of the IT entrepreneurs at CeBIT
Hannover, Germany.
Kanak Bioscience and Research
Manufactures bio-fertilizers, bio-pesticides and plant growth
hormones of agricultural importance, formulated according to
the needs of various agro-climatic zones. The company has since
established itself as one of the leading agri-biotech manufacturing
companies in Central India with multi-crore turnover.
Dr. Dipak Kumar Sahu, MD, was awarded Best Incubatee Award at
Fourth ISBA Innovation & Entrepreneurship Awards, 2012.
SuccessStories
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SuccessStories
inDNA Lifesciences
inDNA Life Sciences is the first DNA based Clinic
and a molecular platform innovated to offer
customized solutions for identification of DNA
based changes and its impact on the health and
disease outcome.
inDNA Life Sciences has taken the first steps to
Personalize Disease management by offering
a range of DNA based solutions to a range
of clinical problems such as from Prenatal
Diagnostics to Cancer, Ageing and Life Style
Disorders. The company was represented as
India’s leading molecular diagnostics startup by
DBT - BIRAC delegation team at BIO-2014, San
Diego, USA in June 2014.
Visargha Agri Sciences
Is working on revolutionising agriculture sector by
speeding up gene transformation technology. The novel
technique developed would significantly reduce the time
required to develop transgenic crops. They have so far
raised funding from BIRAC and private investors and are
close to commercialisation.
Kalinga Renewable Energy Manufacturers (KARMA)
Is on a journey to ensure power security through efficient solar
panels and advanced battery technology. Having spun out
of IIT Bhubaneswar their products are built on strong R&D,
sensor embedded energy systems, and remote grid using cloud
infrastructure. The company has tied up with National Bank for
Agriculture and Rural Development (NABARD) to provide solar
energy solutions for farming and horticulture in the state of Odisha.
It is also actively engaged with various NGOs and SHGs towards
electrification of rural areas.
Krea Foods and Beverages
Is focused on developing fortified food products for addition to
the Government of Odisha’s Mid-day meals program. One of its
products’ is made from local millet – Mandiya. It aims to contribute
towards eradication of malnutrition alongside creating a value
chain proposition for the local farmers by creating a contractual
supply chain model for guaranteed crop income. One of our sister
Institutions – Kalinga Institute of Social Sciences (KISS), home to
approx. 25,000 tribal children – has been testing the product during
their lunch program, securing an order to serve 25,000 customers in
its first year of operation.
Maiestas Luminaries
Specialises in manufacturing a wide range of next generation LED
products for lighting, environmental safety, electrical & electronics
industries, food and chemical process industries and many more
segments. They are committed to provide cost effective & efficient
technologies to the clients. Established in 2010, the company has set
out to make Odisha an electronics hub of India. And have managed
to make the firm one of the leading manufacturers of LED lighting
systems in eastern India with an array of industrial clients like NALCO
and OPTCL.
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Recognitions
CSR Partnerships
Collaborators
KIIT- TBI has been communicating to corporates about the significant role an incubation centre can play through entrepreneurship as a tool in social development. Section 135 of the Companies Act, 2013 allows contributions/funding to Technology Incubators located within academic institutions approved by the central government to be declared as a CSR spend.
A CSR Conclave was organized to sensitise about the role of CSR in fuelling the growth of entrepreneurship ecosystem in India. More than 24 CSR heads of corporate like JSPL, ACC Cements, Vedanta Aluminium, Sanofi, Pfizer, PPL, HAL, IFFCO, OCL, IREL, HTPL, IMFA, NINL, UNICEF, SIDBI, UCCI, SSI foundation, TCS have participated in the cross talk. Vedanta and MCL have since partnered with us and will contribute towards infrastructure, seed money, acceleration and capacity-building activities.
Under this initiative Vedanta partnered with KIIT-TBI along with funding support from Ram Narayan Seva Kendra, Mumbai in providing electricity to 1500 households in 55 tribal villages in Niyamgiri Hill area. The project was executed through KARMA Pvt. Ltd. (incubated at KIIT-TBI) who manufactured and installed the HH Solar and Solar Micro Grid systems.
KIIT-TBI 8
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Board Members
Head, NSTEDBDST, GoI
Serial EntrepreneurFormer ED-Laurus
Intermediates/Sriam
MD, BIRACSr. Advisor, DBT, GoI
Angel InvestorSilicon Valey
Chief Executive OfficerKIIT-TBI
Chairperson, KIIT-TBIRegistrar, KIIT University
Former VPWipro Ltd
Former Principal Scientific Advisor GoI
Management RepresentativeKIIT University
Shri. H K Mittal
Mr. Hari Kiran Chereddi
Dr. Renu Swarup
Mr. Miten Mehta
Dr. Mrutyunjay Suar
Dr. Sasmitarani Samanta Mr. Rajesh M. Mishra
Dr. D. Yogeswar Rao
Mr. D. N. Dwivedy
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Partners
Start your Entrepreneurial Journey Today!
We invite applications from innovators and startups to avail mentoring and incubation support. Innovative ideas having commercial viability would be supported to ensure seamless translation of ideas to start-ups.
Kindly email us at [email protected] / [email protected] or visit
www.kiitincubator.in for more details.
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- A True Inspiration!
Dr. Achyuta SamantaFounder, KI IT & KISS
We ensure that you arealways movingforward.
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