An exclusive peek inside VIT’s technology business incubator

Mr A Balachandran, GM, VIT (Vellore Institute of Technology) -Technology Business Incubator (TBI), VIT University, Vellore, gave an exclusive interview to BioSpectrum, offering a panoramic view of the TBI and its happening inside innovations.

incubator-strategies-1

(Photo Courtesy: www.tech.co)

Q: What is the incubation model that you follow at the centre?

Mr A Balachandran: We provide concept-to-commercialization support and our incubation support for biotech start-ups is heavily anchored on ‘Access to infrastructure in the campus', ‘Access to talent', ‘Access to mentoring & funding'.

Though our standard incubation period is 3 years, on a case-to-case basis, we extend this support up to 5 years too.

Our funding assistance comes without hassles as it is soft loan without any equity demand.

We do bring in mentors and angel investors from our network to assist our start-ups in areas where we don't have resources in-house.

 

Previous 1 3 4 5 6 7 8 Next

Leave a Reply Sign in

Notify me of follow-up comments via e-mail address

Post Comment

Survey Box

GST

GST: Boon or Bane for Healthcare?

Send this article by email

X