Acharya TBI

Acharya's Business Incubator is dedicated to nurturing students' entrepreneurial visions, offering crucial support to technology-based startups, and forming strategic alliances between the institution and the fledgling businesses. By guiding startups through early-stage challenges and providing essential aid, the incubator plays a vital role in fostering economic development, job creation, and the realization of innovative ideas. We ensure that students' innovative ideas persist beyond graduation, offering them the platform they need to succeed. The campus has extensive laboratory facilities in each of the institutions developed over the years. All of the existing infrastructure and laboratories with state of the art equipment will be made available to the incubate startups of NIDHI-TBI.

Highlights of our TBI include the availability of 22,000 sq. ft plus built-up space for Incubator and Innovation eco-system infrastructure at the Acharya campus; Optional additional infrastructure or on-demand co-working space closer to the Bangalore City CBD for any extended and ecosystem immersion programs and a generous pool of talents, resources, staff mentors and start-up prospects/student entrepreneurs from the Acharya group of Institutes. The institute has prior experience of establishing Incubation Centre with corporate partners such as IBM and Sasken and has strong knowledge partnerships with EDII, IITB, Indian Horticulture Research Institute, Council of Scientific and Industrial Research, National Aerospace Laboratories, IIMs and other renowned institutions.

Acharya TBI coordinates and leverages the synergies in various strands of excellence driving innovation and entrepreneurship at Acharya Institutes. Registered as a not for profit trust, Acharya Institutes TBI is creating successful Technology ventures, disrupting industries & translating benefits to the society at large.

Acharya TBI has so far supported 40+ startups since 2010. The startups have regularly received both technical, business and financial mentorship. Hand holding the startups to device product specifications, pilot plan, business plan, investment pitch is the daily routine of the TBI. The startups receive access to angel investors, customer connections and go-to-market support on an ongoing basis through the strong partner network created by the TBI. Few of the success stories of incubated startups include

• Business Toys: With an opportunity to pilot their product at Acharya and receiving feedback to help them iterate the product as per the market need enabled them to generate revenues to the tune of Rs. 45 Lakhs.
• Preco Smart Solutions: With constant mentoring and support helped Preco Smart Solutions to expand their market to Andhra Pradesh along with Karnataka.
• Leafbox has raised up to Rs.35 Lakhs and Samiksha Aerospace has raised funding to the tune of Rs. 25 Lakhs.

Some of our provisions include:-

• Infrastructure: The Business Incubator provides state-of-the-art infrastructure and facilities tailored to the needs of budding entrepreneurs.
• Financial Support: The incubator offers various forms of financial support, including grants, and access to investment networks.
• Business Advisory: We provide guidance on various aspects of entrepreneurship, including business planning, market research, strategy development, and fundraising.
• Mentoring: Acharya TBI connects entrepreneurs with seasoned mentors who offer valuable insights, industry knowledge, and practical guidance
• Legal Assistance: The incubator provides access to legal experts who offer guidance on legal matters.
• Product Development: We support startups in developing and refining their products or services.
• Networking: The incubator organizes networking events, industry meetups, and investor pitch sessions.
• Commercialization: The Business Incubator assists startups in developing go-to-market strategies and identifying target markets.
• Protection of Intellectual Rights: Intellectual property is a valuable asset for startups, and the incubator offers guidance on protecting and managing intellectual property rights.
• Insurance and Tax Administration: From securing business insurance policies to managing tax obligations, we help startups streamline administrative processes.