Technology Business Incubator
Vellore Institute of Technology - Technology Business Incubator

Wanted Innovators with grit and determination to become Technopreneurs
TePP along with its network partners provide grants, technical guidance and mentoring to independent innovators to emerge as entrepreneurs by incubating their idea and enterprise in two phases. Till date 250 innovations have been supported. Proposals are now invited on the following for support in the year 2008-09:
PROGRAMME

TePP Phase I (innovation incubation):
1.Micro Technopreneurship Support(TS)
(Max support Rs 0.75 lakhs)
 



2.TePP Project Fund (TPF)
(Max support Rs 15 lakhs)
 

  

ELIGIBILITY

Any independent innovator testing radically new ideas with computer generated models. Student innovators and others who have not worked on their idea can avail this support to develop their novel concept further and understand challenges in implementation. They can apply to phase-1 grants thereafter.


Any independent innovator/ start-up firm for developing function proving prototypes. Innovators can apply direct for TPF support without applying for TS, if they have worked on their idea to the extent they understand challenges in implementation. Before submitting proposal they can take a self check based on Check list placed on DSIR web site.
 
TePP Phase II(enterprise incubation):
1.Supplementary TePP Fund (STF)
(max support Rs 7.50 lakhs)

2.Seamless scale-up support (S3T)
(max support Rs 45 lakhs)
 		 Successful TePP innovators of TePP Phase-I for licensing technology to a third party.

Successful TePP innovators of TePP Phase-I for starting own enterprise.

Important:
  1. Women innovators are encouraged to apply. All assistance will be provided to them by TePP Network.
  2. TePP works in a network mode with several out reach centers spread across the country. Addresses of TePP Out reach centers (TUC) with name of coordinator and contact numbers are placed in DSIR web page www.dsir.gov.in.
  3. Few more TUCs will be added in the current financial year. dot.com start-ups are not supported under TePP but start-ups with innovative delivery models of S&T to rural beneficiaries are eligible for support.
  4. Innovators are advised to protect their intellectual property rights by submitting provisional application before revealing details in application, essential for evaluation. For approved projects, subsequent patenting costs including international patenting in two countries are eligible for support.
  5. The application blank appropriate to the category may be downloaded from DSIR Website: http://www.dsir.gov.in.
  6. Innovators are encouraged to submit proposals through the TePP Outreach Centers. All outreach centers provide counseling and mentoring, some provide incubation facilities too.
  7. Canvassing in any form is liable for summarily rejection of the application.
  8. The decision of the Ministry will be final. No correspondence shall be entertained on the proposals rejected.
 Counseling Time: Every Friday between 2:00 pm to 5:00 pm
 
Interested? Contact:
The Manager
VIT - Technology Business Incubator,
VIT University,
Vellore – 632 014, Tamil Nadu, India. Tel. +91 416 224 3097 (Direct).
DID 2202301.
Fax No: +91 416 224 3097 and +91 416 224 0411
Email: vittbi@vit.ac.in, vittbi@yahoo.co.in
Website : www.vit.ac.in/tbi [ or ]  www.vittbi.com