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Vellore Institute of Technology Technology Business Incubator

August 16, 2007 · Posted in Entrepreneurship

I believe that technology incubators in colleges and universities are very crucial to innovation and entrepreneurship. More than the incubation, I think they give young graduates a taste of entrepreneurship and encourage them to consider entrepreneurship as a viable career option.

More and more academic institutions in India are recognizing this and launching incubators to foster such innovation on campus. Latest to join this bandwagon is Vellore Institute of Technology. They have launched a Technology Business Incubator with the sponsorship of the Department of Science and Technology, Govt. of India. Their mission is to promote entrepreneurship, incubate startups and offer technology development services to companies with close proximity to the campus.

Several companies have been successfully incubated already and several others are in the process.