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 / incubate 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.
BVRIT takes the pride to announce that the following 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).

Business Ideas approved so far

S.No

Name of the Entrepreneur

Company Name

Title of the Business Idea

Status of the Project

1

Srikanth Thirumalasetti

T.I.E.S

Digital Survey Tool.

Completed

2

Venu Gopal

Prolific Energy Needs (P) Ltd

Wind Solar Hybrid System for Drip Irrigation.

Completed

3

Sridhar

Blaze Automation Pvt Ltd (BVRIT Alumni)

Intelligent Micro Hydro Power Plant Automation system.

Completed

4

Ramesh Datla

ELICO

Robotic Auto Sampler

Completed

5

Chandrashekhar.J

EO2 Systems

Micro Active IR Imager – Night Vision Device

Under Progress

6

Madhusudhan Rao

Oorja Energy Engineering Services (Hyd) Pvt Ltd

Hybrid Solar Air Conditioner

Under Progress

7

Aravind Reddy

BVRIT Alumni Aspiring Entrepreneur

Smart Power Billing

Under Progress

8

Dr.Venkata Rajesh

Vishnu Dental College

Intra-Oral Parellellometer for use in Dentistry

Under Progress

Aspiring Entrepreneur

9

R.Chaithanya

Vishnu Dental College

Manually Operated Mobile air Compressor for Use in Dentistry

Under Progress

Aspiring Entrepreneur

10

R.V.Harsha Vardhan

R.V.Engineering Equipments India Pvt Ltd(BVRIT Alumni)

Utilizaton of Pharmaceutical Liquid Waste to Produce Gypsum

Under Progress

 

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