MSME-TBI, JNTUH:
Micro, Small & Medium Enterprises-Technology Business Incubator (MSME-TBI) is a novel Scheme launched by the Ministry of Micro, Small & Medium Enterprise (MSME), Government of India (GoI), which aims at Identification and Commercialization of Innovative Business Ideas. As a part of this scheme, College of Engineering, Jawaharlal Nehru Technological University Hyderabad (JNTUH) has been approved and recognized as one of the Host Institutions by the Ministry of MSME, GoI to operate this scheme.

Operation of MSME-TBI, JNTUH:
MSME-TBI, JNTUH mainly operates a “Scheme for providing support for Entrepreneurial and Managerial Development of SMEs through Incubators” Supported by MSME, Govt. of India, New Delhi. The main objective of the scheme is to promote emerging technological and knowledge based innovative ventures that seek the nurturing of ideas from professionals beyond the traditional activities of micro, small and medium enterprises (MSMEs).Such entrepreneurial ideas have to be fostered and developed in a supportive environment before they become attractive for venture capital. Hence there is need for the incubation centre to promote and support untapped creativity of individual’s innovators and to assist them to become technology based entrepreneurs. It also seeks to promote networking and forging of linkages with other constituents of the innovation chain for commercialization of their development.

Level of funding:
Upto Rs.6.25 Lakhs per Innovative Business Idea

Who can apply :
Anybody (individual/Micro and small enterprises) having innovative business idea at near commercialization stage with in a period of 12 months after the approval for funding. Ten Ideas, whose expectations meet the objectives/guidelines of the scheme, will be shortlisted for the approval by the management committee at MSME-TBI, JNTUH. Further, these 10 ideas will be sent to the selection committee constituted by the office of Development Commissioner, MSME, New Delhi for approval and funding.

Prospective Area of Funding:
Innovative ideas related to domains of Engineering and allied industries, Bio-Technology, Pharmaceuticals, Information Technology and Nano-technology. However, any other product or process which is innovative in nature, not limiting to the domains mentioned, can also apply.

How to apply:
Innovators with concise abstract about the business idea may approach the office of MSME, JNTUH from the day of publication of this scheme advertisement. The innovators camp will be conducted in the month of March every year at JNTUH. Where the aspirant innovators will have to present their innovative ideas to the local screening committee of MSME-TBI, JNTUH. The innovators camps dates will be displayed soon on our websites.

Chairman:
Dr. A. Govardhan
Principal, JNTUHCEH Member-Secretary:
Dr. M. Asha Rani
HOD ECE