Veltech TBI
How do Incubators help startups?
The main purpose of an incubator is to help startups at a very early stage to grow. They are collaborative programmes which help people solve problems associated with launching a startup by providing a space to work, seed funding, mentoring, training and other benefits..

What is an Incubator?
An incubator is a place where the incubation activities are carried out, and where the would‐be entrepreneurs and the existing SMEs find a suitable place, in terms of facilities and expertise, to address their needs and develop their business ideas, and transform them into sustainable realities.
What is Innovation?
“To innovate is the application of something new for a specific use”. This leads to the following definition of innovation: “Innovation is a change that creates and/or adds value, and provides a competitive advantage HERE and NOW”.
What is NIDHI?
“National Initiative for Developing and Harnessing Innovations”.
What is S&T?
“Science and Technology".
What is DST?
“Department of Science & Technology ”.
What is NSTEDB?
“National Science & Technology Entrepreneurship Development Board”.
What is PRAYAS?
“Promoting and Accelerating Young and ASpiring technology entrepreneurs”.
What is EIR?
What is SSS?
“Seed Support System ”.
What is COE?
“Centers of Excellence ”.
What is MeitY?
“Minsitry of Electronics and Information Technology ”.
What is MSME?
“Ministry of Micro, Small & Medium Enterprises ”.
What IS TBI?
“Technology Business Incubator”.