Hon'ble Vice President of India

Shri. M.Venkaiah Naidu inaugurated Center of Excellence Manufacturing.
Guest of Honour Shri Banwarilal Purohit, Honourable Governor of Tamil Nadu.

Incubatee Connect @ Vel Tech TBI

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NIDHI CoE Management Team

NIDHI Centre of Excellence for Manufacturing

Catalyzed and Supported by NSTEDB Division,
Department of Science and Technology, Gove of India, New Delhi

Non Destruction testing facility
Supported by NSTEDB Division, DST, New Delhi

Veltech TBI Won “Best Incubator Award” for 2018 from Anna University Chennai       Veltech TBI start-ups getting global recognition (Startup grind, Google ventures, Forbes Magazine etc)       Veltech TBI has VC’s and Angels associated include several big names Duotem Capital, Pontaq, Speciale invest, Sirrius One, Boldkiln, Equanimity, Sett & Lucas, Anthill Ventures       Veltech TBI is 2nd Biggest in Incubatee enrolment, Support, Job creation, Infrastructure etc next to IIT Madras       Veltech TBI has setup an ecosystem of more than 460 people to support the start-ups (ecosystem members including corporate, HNI’s, Chartered accountants, mentors, Trainers, Lawyers, Company secretaries, social media evangelists, HR people etc. )       ARIA Ranking (2018) – Top 5 in India & 8 th Rank in 2020       Strategic Partners associated include Google, Amazon, Zoho, RBL Bank,BOB Bank, Effitrac and Resilio-Labs       Collaborated with IBM for callforcode global competition       3D Printing Partner / consultant to Sri Ramachandra Medical University & Research, Chennai       Nidhi-coe @ Veltech tbi Became the first business incubation in India to have ‘NVIDIA DGX1’ AI Super Computer.


Set up in 2010, it is one of the earliest incubators in academia with a potential to create startups focusing on economic growth, strategic value and social relevance. It gives prototyping grants, provides incubation support to tech startups and provides networking and business supports to its start-ups.

Vel Tech Technology Incubator has been selected as “NIDHI - Centre of Excellence” catalyzed and Supported by NSTEDB Division, Department of Science and Technology (DST), GOI with funding support to scale up its activities. It has also been approved DST-NIDHI-PRAYAS. The program caters to idea-stage entrepreneurs with a physical product offering and who require support for prototyping.

Know More About Veltech TBI


  • Creation of Innovative technology ventures.
  • Commercialize technology & thought leadership.
  • Enable start-ups to survive and scale.
  • Be a key enabler in Job Creation.
  • Enable effective Industry-Academia collaboration fostering entrepreneurial climate and networking.
  • Create and Sustain a dynamic Ecosystem for innovation and entrepreneurship.
  • Harness global knowledge, thought leadership and entrepreneurship experience to enhance sources of opportunities, product-market fit and models of commercialization for incubatee startups

Vision & Mission

To be a World Class Incubator and Accelerator with successful track record of incubating leading products, solutions and services.

To increase the successful development of new businesses, job creation and innovations that rapidly scale and create opportunities and value to all stakeholders across a wide spectrum of sectors at global & national level in alignment with Govt. & key Partners.

Vel Tech TBI (Technology Business Incubator) enables technology embedded and innovation powered start-ups to survive and scale across a wide-spectrum of thrust areas with funding, infrastructure, mentorship, industry networking, resources and training. Vel Tech TBI established with E-waste and Plastic waste management as its thrust area and created national recycling facility of e-waste and plastic-waste management, Bio incubator to support bio technology innovations, 3D Printing facility. It was one of the first institution from India to be a member of StEP (Solving the e-waste problem) instituted by Germany. Read More...


  • Manufacturing
  • Digital Services and IOT, Analytics, AI/ML/DL, AR/VR, Mobile Apps, E-commerce
  • 3D printing
  • E-Waste / Plastic waste management
  • Embedded systems and VLSI
  • Agriculture
  • Robotics / UAV
  • Health Care and Bio – Incubation
  • ICT

Facilities @ Vel Tech TBI

  • National facility on E-waste. & Plastic waste management
  • Additive Manufacturing facility – Printing & Scanning
  • Non Destructive. Testing (Ultrasonic & Eddy Current)
  • Centre of excellence in AI (AI, DL, ML)
  • Vehicle Control systems (ABS, Braking system ECAS) Supported by WABCO
  • Manufacturing CoE (Plasma Cutting, CMM, Injection Molding, Wire cut EDM, CNC Shearing, Bending M/C)
  • Bio- Incubator


Total startups Incubated

50+ in Pre-Incubation


Active Incubatees




Seed Funded


Nidhi Prayas Funded


Meity Funded


Women Entrepreneurs


Alumni Entrepreneurs


EDII Funded






Strategic Partners

(Google, Amazon, Zoho,Paytm, RBL Bank, Resileo Labs, Effitrac, YNOS, IJITCE)


Members in Veltech TBI Ecosystem


Mentors (International and National)


Best Incubator Award at Anna University, 2018


IP’s and 8 International Journal Papers


Mentors (International and National)


Awards & Recognitions for Veltech TBI Incubatees


Major Programs of Govt of India being anchored by Veltech TBI


Conferences as Host, Speaker, Exhibitors, Panelists, Delegates


people trained by Veltech TBI on various training programs, workshops


permanent jobs and 1500+ temporary jobs created by Veltech TBI Incubatees


Thrust areas / Centers of Excellence created with state-of-the-art machines


Event/Support Partners (Institutional Bodies/Association)


Media Coverage & 100+ Social Media Imprints of Veltech TBI and Incubatees


Angel Investors and VC’s as part of Investor Collaboration


Hackathons, Pitch-fests, Innovation Showcase, Demo days

What About Client’s Say

Vel Tech TBI is a very close knit and heartfelt place wherein the support you receive is holistic. We are happy to be incubated here and wish to work from here soon.

Manasa Gonchigar,

Founder and CEO,PureScanAI

We believe that Veltech is the best platform for start-ups’ to bring their ideas in real world applications. We look forward for our successful journey through Veltech TBI Incubator.

Satyajit Jagtap, Ajay Bedwal (Cofounders),

Insculpt Technologies LLP

We (MS Biotech Solutions) are glad to have such a fruitful collaboration with Vel Tech TBI for around 3 months and it has been a great period of time that we received various forms of support.

Sangeethan S.B,

CEO & Founder- MS Biotech Solutions

Vel Tech TBI is one of the major contributors to our development by providing space and infrastructures in addition to so many facilities with companies like AMAZON, GOOGLE, ZOHO etc. We really honour and thanking VelTech TBI for the support and encouragement.


CEO, Mpover India

Veltech TBI is a boon to start-ups as they provide the much needed support for their sustenance and growth. As incubatee since this year, we have been receiving very good support from Veltech TBI in many areas.



VelTech TBI is one of the most active TBI's I have seen. I have gained through networking, various events, mentoring sessions & masterclass sessions. I have also been introduced to prospective investors through the TBI.


Founder, GoFloaters

As a startup we acknowledge that our association with Veltech TBI brought us lots of knowledge and practical insight that enriched us in our journey towards our goal..

Sanjeev Kumar Saxeina,

For Saxeina Ventures Private Limited

Veltech TBI assists start-ups with knowledge sessions,funding opportunities, industry connect and keeps all the incubates informed about the happenings in the start-u ecosystem. We are happy to be associated with Veltech TBI


CEO & Founder-blinkeyelabs

It’s not mere word of appreciation, it is my gratitude to the Veltech TBI and the Team, I get motivated, guided and energized by the whole Veltech TBI Environment



We are an XR company,working in the Assistive Technology area. We have received the NIDHI PRAYAS Grant supported by the Department of Science and Technology in 2019 for our flagship product Auticare. We are also very thankful to VelTech TBI for all the support.


CEO & Co-Founder,Embright Infotech

Vel Tech is very supportive for our startup with useful webinars and timely funding


Director,FXMKT Technologies

VelTech TBI has nurtured us, with the facility, technology, and support, when we most needed it.

Vikash Goyal

Founder and Ceo,Paramount Business Solution

We are fortunate to have met Mr. Rajaram, CEO VEL TECH TBI through whom we got connected with VEL TECH TBI. If not for VELTECH TBI, we wouldn’t have received the NIDHI Prayas Grant and all the wonderful opportunities like connecting with Resileo Labs, ETV Bharath and various other avenues

Srinivasan Yagnanarayanan

Founder and Ceo,Square Comp

TBI Services - 100% GST Exempted

As declared by the GST council, TBI supported by DST/DBT are exempted from GST for their services. Hence ours is exempted.

Taxable services, provided or to be provided, by a Technology Business Incubator or a Science and Technology Enterpreneurship Park recognised by the Nation Science and Technology Entrepreneurship Development Board of the Department of Science and Technology, Government of india or bio-incubators recognised by the Biotechnology Industry Research Assistant Council, under the Department of Biotechnology,Government of India.

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