Lords TBI is recognized as ‘Host Institution’ by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India under the scheme “Support for Entrepreneurial and Managerial Development of MSMEs through Incubators” which provides opportunity to the students in developing and nurturing their new innovative ideas for the production of useful products. 5000 sq.ft co-working space with shared conference rooms, workstations, maker space, seminar hall, studio facility, etc. are available for the student start-ups.
NATURE OF SUPPORT FROM MSME:
- Financial assistance up to Rs. 15 lakhs for developing and nurturing of an idea.
- Financial assistance up to Rs. 1 Crore for procurement and installation of Plant and Machines in TBI in order to strengthen the technology related R&D activities of TBI.
- Financial assistance of up to Rs. 1 Crore as grant in aid for the seed capital support to TBI for converting deserving ideas into start-ups.