Technology Business Incubator (TBI)
BVRIT takes the pride in announcing that it has been approved as an Business Incubator by the Ministry of Micro, Small and Medium Enterprises, Government Of India under the scheme " Support for entrepreneurial and managerial development of MSMEs through incubators ". The objective of incubator is to promote and support untapped creativity of individual innovators and to assist them to become technology based entrepreneurs.
About the Scheme : The scheme aims at nurturing innovative business ideas (new and / or ingenious technology, process, products, procedures, etc.) which can be commercialized in a year.
Level of Funding : About Rs. 6.25 lakh per business idea. This is to support entrepreneur / incubatee for costs relating to technology fee, guidance fee for mentors / handholding persons, hiring or leasing cost of machinery / equipment / instruments or related services, office facilities etc.
Thrust areas : BVRIT (TBI) has a special focus in some thrust areas like Electronics & Electrical appliances, Nano materials / technology, Information technology, Assistive technologies and Renewable Energy technologies. It also welcomes the business ideas in any other area of mutual interest.
Who can apply : Anybody (Students / individuals / Micro and Small Enterprises) having innovative business ideas at near commercialization stage.
Business ideas selected by MSME, Govt. of India
BVRIT takes the pride to announce that five business ideas have been approved by Development Commissioner-Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, for incubation at the BVRIT -Technology Business Incubator (TBI) .
Details of approved ideas are as follows :
| S.No | Name of the Entrepreneur | Company Name | Title of the Business Idea |
| 1. | Srikanth Thirumalasetti | T.I.E.S | Digital Survey Tool. |
| 2. | Venu Gopal | Prolific Energy Needs (P) Ltd | Wind Solar Hybrid System for Drip Irrigation. |
| 3. | Sridhar | Blaze Automation Pvt Ltd | Intelligent Micro Hydro Power Plant Automation system. |
| 4. | Ramesh Datla | ELICO | Robotic Auto Sampler |
| 5. | Chandrashekhar.J | EO2 Systems | Micro Active IR Imager – Night Vision Device |
| 6. | Madhusudhan Rao | Oorja Energy Engineering Services (Hyd) Pvt Ltd | Hybrid Solar Air Conditioner |
| 7. | Aravind Reddy | - | Smart Power Billing |
| 8. | Dr.Venkata Rajesh | - | Intra-Oral Parellellometer for use in Dentistry |
| 9. | R.Chaithanya | - | Manually Operated Mobile air Compressor for Use in Dentistry |
| 10. | R.V.Harsha Vardhan | R.V.Engineering Equipments India Pvt Ltd | Utilizaton of Pharmaceutical Liquid Waste to Produce Gypsum |
For more details, guidelines and format of application visit :