To be a World Class Incubator and Accelerator with successful track record of incubating leading products, solutions and services.
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.
10th International Project Competition and Exhibition – VISAI 2020.
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...
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.
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.
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.
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.
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.
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..
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
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.
Vel Tech is very supportive for our startup with useful webinars and timely funding
VelTech TBI has nurtured us, with the facility, technology, and support, when we most needed it.
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
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.
