To strengthen entrepreneurship & start-up ecosystem in Indian Institute of Technology Ropar and the country at large, the institute has been running a technology business incubator at its campus, which is an independent Section 8 Company, registered as IIT Ropar Technology Business Incubator Foundation (TBIF). It was formed in 2016 to host Technology Business Incubator (TBI) under NIDHI TBI Scheme of Department of Science & Technology, Government of India. It is housed in the Administration Block of the institute with a floor area of 10000 sq feet. The incubator has its own Board of Directors with Prof. Rajeev Ahuja (Director-IIT Ropar) as the Chairman. Prof. Harpreet Singh (Dean, ICSR-II) is the Coordinator & one of the directors of TBIF. Dr. Ashish Sahani is the Faculty- In-charge of TBIF and heads the day to day operations of the organization. There is a full-time Incubation manager who operates as the chief executive of the Incubator. Infrastructure-wise the incubator provides co-working spaces as well as individual fully furnished offices for incubates, along with common amenities such as conference room, pantry, printing facility and a library. TBIF has a state-of-the-art electronic prototyping lab and a product fabrication lab. We also have a central high performance server available for use by our incubatees. We fund startups in the form of Soft loans and Seed grants. Funded mentorship support from our large pool of technical and business mentors can be availed by our incubatees. TBIF is run professionally with time bound SOPs around selection and monitoring of startups into our incubation program. TBIF is growing rapidly and aims to be one of the top business incubators of the country in the near future. The incubator has the following thrust areas:
- IT and IT-enabled Services
- Healthcare Technologies
- Clean Energy
Mission and Vision
- To be the top business incubator of the Punjab region.
- To provide low-risk capital to startups. Incubator will absorb risk through appropriate channeling of government funds.
- Minimize the bureaucratic hurdles for startups by providing support in all government and legal compliances. Startups should focus only on product and business development.
- To build facilities to such a degree that entrepreneurs incubated with us do not have to spend on procuring equipment and building facilities.
funded to startups
Board of Governors
Prof. Rajeev AhujaChairman, TBIF
Director, IIT Ropar
Prof. Harpreet SinghCoordinator, TBIF
Dean of ICSR-II and Prof. of Mechanical Engineering
Dr. Ashish SahaniFaculty-in-Charge, TBIF
Assistant Professor of Biomedical Engineering and Founder Epilepto Systems
Dr. Prabir SarkarIPR Expert
Associate Prof. of Mechanical Engineering
Shri. H S CheemaIndustry Expert
Founder Cheema Boilers
Shri. Ramneek JainIndustry Expert
CEO - Max Specialty Films Limited
Nikhil SahniFinancial Expert
Senior Group President at YES BANK
Dr. Anil WaliIncubator Expert
Managing Director, FITT, IIT Delhi
Dr. Anita GuptaDST Nominee
Mr. Rajat Agarwal, IASPunjab Govt. Nominee
Chandigarh Angel Network
Vitti Research Foundation
AWaDH - TIH