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TECHNOLOGY BUSINESS INCUBATOR at INSTITUTE OF TECHNOLOGY BANARAS HINDU UNIVERSITY

TECHNOLOGY BUSINESS INCUBATOR at INSTITUTE OF TECHNOLOGY BANARAS HINDU UNIVERSITY. Dr. P.K. Mishra (Chief Coordinator) & PS Pandey (Industrial Advisor) Industry Institute Partnership Cell TePP Out Reach Centre, Varanasi. PANCHASHEEL of New Millennium. Child centred education,

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TECHNOLOGY BUSINESS INCUBATOR at INSTITUTE OF TECHNOLOGY BANARAS HINDU UNIVERSITY

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  1. TECHNOLOGY BUSINESSINCUBATORat INSTITUTE OF TECHNOLOGYBANARAS HINDU UNIVERSITY Dr. P.K. Mishra (Chief Coordinator) & PS Pandey (Industrial Advisor) Industry Institute Partnership Cell TePP Out Reach Centre, Varanasi

  2. PANCHASHEEL of New Millennium • Child centred education, • Women centred family • Human centred development • Knowledge centred society • Innovation centred India

  3. The Core Team • Prof. S. N. Upadhyay, Director Environment Engineering • Prf. RC Tiwari, Retd. Prof. Inst. Of Agri. Sci. Soil Scientist • Prf. SK Kak, Prof. Electronics Engg. • Dr PK Mishra, Chief Coordinator, IIP Cell Chemical Engg. • Dr Pradeep Srivastava, Co-coordinator, IIPC Biochemical Engg. • Dr Amit Rastogi, Orthopedic surgeon Biomedical implants • Mr PS Pandey, Chem. Engg Industrial advisor • Dr Alok Rai, Entrepreneurship management • Dr HC Tiwari, Research Scientist Organic Chemistry • Dr Nand Lal Singh, Research Scientist Biochemical Engg. • Dr Suman Misra, Research Scientist Biochemistry

  4. Technology Business Incubator (TBI) • To inculcate entrepreneurship and creation of enterprises on knowledge based innovation specially focused to bio-technology and Information & communication technology • To catalyse technology driven industrialisation in UP, Bihar & Jharkhand. • To link potential incubate with knowledge strength and resources of IT, BHU and provide them immediate networking and commercial opportunities. • To provide a pedestal to help knowledge driven enterprises to establish and prosper under organized scientific guidance.

  5. Why at IT, BHU • Resources • Faculty Strength • Students’ Interest • Alumni’s Interest • Local environment • Entrepreneurial training and motivation

  6. The Resources Banaras Hindu University, with its epitome of knowledge, is committed to Quality Programs. Its elucidations have always influenced the scholars across the globe. • 3 Institutes, • 15 Faculties • 139 Departments • A sprawling campus of about 1300 acres at Varanasi and 2700 acres of South Campus at Mirjapur, BHU holds the pride to be the largest residential university in Asia. The Institute of Technology of BHU is a premier Institute of Engineering/Technology, which has recently been up-graded to the standards of IIT.

  7. FACILITIES • The institute in particular and BHU in general have modern laboratories, equipment/instrumentation, modern communication facilities, infrastructure and knowledge strength • Important equipment/instruments: GC-MS; HPLC; GC; AAS; NMR, SEM, FTIR, XRD, etc.

  8. FACULTY STRENGTH • Total number of Teaching and Research Faculties in Institute of Technology is more than 400. Whereas, in BHU campus total number of teaching and research faculties is more than 2000. • About 1500 faculty members are with Ph.D. qualification in BHU, whereas, approximately 325 faculties having doctoral degrees are in the Institute of Technology.

  9. INITIATIVES IN ENTREPRENEURSHIP • ED Cell • EAC, EDP, FDP • Forum For People’s Knowledge • Workshop/Seminar on Entrepreneurship • Technology Development and its Commercialization • Collaborative Works with Industries/R&D Institutes

  10. Contd. • TePP Out Reach Centre, Varanasi • 8th SME Carpet Cluster, Bhadohi • Innovators Camp • Scouting of Grass Root Innovators • Testing & Consulting Services

  11. STUDENT’S INTEREST • Art-eye group • Nirvana Group • Numerico Solutions • Diploma in Entrepreneurship • Open Learning Programme in Entrepreneurship (OLPE) • Pragyan Workshop Series • Opulence

  12. Alumni’s Interest • Mr. L.C. Singh: Nihilent Technology Ltd. Pune, • Mr. Arvind Gupta: e-Value Serve • Mr. Deepak Pahwa: Bry-Air (Asia) Pvt. Ltd. • Mr. S. K. Maini: Maini Group of Companies • Mr. Prabhat Pandey: Swastik Formulations and Varuna Biocell • Mr. Vachaspati Tripathi: Surya Pharma • Mr. Nitin Malhotra: Johnsons’ Tiles manufacturing • Mr. Puneet Raman: Carpet Exporter • Mr. Deenanath Jhunjhunwala: Jhunjhunwala Industries Ltd. • Mr. Arun Agrawal: Vimal Organics Ltd. Ghaziabad • Mr. Praveen Lodha: Diamond merchant of Thailand • Mr. B.K. Modi, S.K. Modi & M.K. Modi • Mr. Raghvendra Singh, CEO, On-Mobile, Bangalore • Professor Pankaj Chandra. Director, IIM Bangalore

  13. THE THRUST AREAS Information and Communication Technology • Software Solutions & Computing • Digital Signal Processing • Electronic Design Automation Application of Biotechnology • Agricultural & Environmental Biotechnology • Bioinformatics • Industrial Bio-technology (Enzymes)

  14. Focus in Biotechnology Technologies in advanced stage to reach commercialisation • SSF based production of industrial enzymes – Dextranase, Catalase, Pectinase, etc. • Organic acid production from broken rice • Production of pro-biotics • Technology for production of Licomycin, Statins (CRO Facility) • Low molecular weight Heparin • Production of Co-enzyme Q-10 from Solanesol by fermentation technique • Natural dyes using enzymatic extraction • Production of Bio-compost using carpet industry solid waste • Production of modified high yielding seeds

  15. Focus in Biotechnology - Services • Bio-informatics based drug design • Study of proteomics and their relation to disease (In collaboration with IMS) • Training facility for Bio-informatics • Training in Biotechnology – Industrial practices (1 Year Diploma) • Development of down stream processing techniques • Testing services

  16. Focus in Biotechnology – Vision for future Apart from creation of a basic incubation facility, as sought for, the vision is to add following facilities on attaining self sufficiency • Clean Room Facility • Tissue culture unit • Bio-chemical synthesis / Bio-polymerisation block

  17. Expertise in ICT

  18. BIOTECHNOLOGY

  19. ACTIVITIES OF TBI • Incubation Activities • Venture Financing programme • Technology Training Centre • Production of Technology Packages Programme • Investors’ Fora/Industry consultation Programme • Providing specialized services to existing entrepreneurial ventures of the region, • Facilitating technology commercialization, • Assistance in marketing of produce, • Assistance in obtaining required clearances from government offices, • Provision of common facilities to incubate viz. office support, equipment support and technology support, • Assistance in formulating a feasible business plan, • Technology exhibition, awareness camp and entrepreneurial development plan. • Support in documentation and patenting

  20. Incubation Methodology • Eligibility • Admission process • Intellectual Property evaluation • Seed Loan • Infrastructure • Other services • Periodic assessment • Tenure in BI • Exit (Graduation)

  21. ELIGIBILITY • BHU’s faculty members (current and in the recent past), • BHU’s students and alumni, • BHU’s R&D partners (sponsors of R&D and consultancy projects), • BHU’s partner universities (having R&D collaborations in place), and • Government agencies associated with BHU’s research and innovations.

  22. ADMISSION PROCESS • Business Plan. • IP declaration worksheet, along with a copy of letter of approval from IPR Cell, BHU for transfer of licensing of/ permission to use IP in favor of prospective incubate companies. • Statement of infrastructure requirements. • Statement of purpose or reason for incubation in BI (e.g. what benefits and values do the promoters see from getting incubated in BI). • Time frame - anticipated duration of stay within BI from the date of admission.

  23. SEED LOAN TBI, IT, BHU may provide seed loan subject to the availability of funds/ grants/ schemes meant for this purpose. Seed loan for working capital needs will be sanctioned only to the registered companies or firms and shall be based on merits of each company. • A total loan to be sanctioned to a single company will not exceed Rs 10 lakhs, this can not be more than 50% of the total project cost. • The loan will carry an interest rate of 4% (four percent) p.a. • The repayment schedule will be worked out at the time of sanction of loan application and shall be part of the Loan Agreement.

  24. TENURE IN TBI • Companies will be permitted to stay in BI, to begin with, for a period of 18 months. • A nominal monthly service charge will be levied to a company for the period of first 18 months. • TBI, IT, BHU may, at its own discretion, permit companies to extend their stay for a maximum period of another 18 months

  25. EXIT Incubate companies will leave the incubator under the following circumstances: • Raising substantial investment from angel investor / Venture Capital Fund / any other investor– Rs. 2 crores or more. • Completion of stay for eighteen months, unless the stay is extended by TBI, IT, BHU. • Underperformance or un-viability of the business proposition: criteria for the same will be decided and applied by TBI, IT, BHU on the case to case basis. • When the number of employees of the company exceeds 20. • Change in promoters'/ founders' team without concurrence of TBI, IT, BHU. • Any other reasons which TBI, IT, BHU may find it necessary for an incubate company to leave BI.

  26. BUDGET • Total Project cost in Rs. lakhs*: Inclusive of new land & building cost + capital cost + five year recurring cost: Rs. 637.44 Lakhs • Funding Pattern: ♦ Contribution from host institution: Rs. 170.00 Lakhs ♦ Support sought from DST: Rs. 467.15 Lakhs ♦ Revenue generation (First Five Years):Rs. 53.00 Lakhs

  27. Manpower Requirement Designation / Position No. Monthly Salary (Rs.) Chief Administrative Off. One 25,000/- Manager, Technical One 20,000/- Manager Marketing One 20,000/- Lab. Assistants Two 6,000/- Secretarial staff/ Computer Operator One 6,000/-

  28. TOTAL PROJECT COST OF TBI (Rs. Lakh)

  29. Means of financing the total project cost:

  30. Projected requirements of funds from DST: (Rupees in Lakhs)

  31. Recurring Expenditure & Income Statement

  32. Revenue generation through incubation (Rs. In Lakhs)**

  33. Details of fixed expenses, list all the equipments to be procured with specifications, (quotations should also be attached and properly linked for each item after the In-principle approval from National Advisory Committee -NAC is accorded) (The prices are in Rs. Lakhs)

  34. Year wise plan of implementation for five years

  35. THANK YOU

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