Technology business incubators (TBIs) provide resources and services to support startup businesses in order to increase their chances of success. TBIs aim to create jobs and economic growth through business development assistance, networking opportunities, educational programs, and facility-based services. They are supported by government agencies and receive funding from sources like the Ministry of MSME. Key services offered by TBIs include access to investors, training programs, mentoring, and help with legal and financial issues. Successful TBIs focus on generating business results, maintain affordable costs, and ensure applicants are a good fit for their programs and resources.

1. TECHNOLOGY
BUSINESS
INCUBATOR
(TBI)
ABRIDGED VERSION

2. Presented By: Rajni Ranjan
MISSION, OBJECTIVES AND BENEFITS
Increase the successful development of emerging
businesses
Contribute to the overall vitality, diversity, and growth of the
community
Provide environments that will lead to job creation.
Create wealth through multiplier effects and new tax
generation

3. Presented By: Rajni Ranjan
ROLE OF TBI
Clusters &
Innovation
Parks
Corporates &
Investors
Business
Support
Organizations
Universities &
Business
Schools
Govt
Organizations
Direct business development assistance
Professional network and relationship
support
Educational programs
Facility-based services

4. Presented By: Rajni Ranjan
GOVERNMENT AGENCIES – SUPPORTING TBI
• National Science and Technology Entrepreneurship Development Board
(NSTEDB)
• Department of Science and Technology, Govt. of India
• The incubates can also avail the funding support from Business Incubation
scheme supported by Ministry of MSME, Govt of India.

5. Presented By: Rajni Ranjan
SERVICES
• Links to strategic partners
• Access to angel investors or
venture capital
• Comprehensive business training
programs
• Advisory boards and mentors
• Management team identification
• Help with business etiquette
• Technology commercialization
assistance
• Help with regulatory compliance
• Intellectual property management
• Help with business basics
• Networking activities
• Marketing assistance
• Infrastructure Support
• Help with accounting/financial
management
• Access to bank loans, loan funds and
guarantee programs
• Help with presentation skills
• Links to higher education resources

6. Presented By: Rajni Ranjan
INDUSTRY SECTORS - SUPPORTED BY
INCUBATION PROGRAMS
• Internet
• Advanced materials
• Retail
• Biosciences/life sciences
• Fashion
• Electronics/microelectronics
• Manufacturing
• Healthcare technology
• Technology
• Creative industries
• Construction
• Computer software
• eBusiness and eCommerce
• Wireless technology
• Aerospace
• Energy
• Wood/forestry
• Telecommunications
• Environment/clean
technologies
• Computer hardware
• Media
• Medical devices
• Nanotechnology

7. Presented By: Rajni Ranjan
KEY CONSIDERATIONS
• Prepare and adopt a Business
Plan that addresses financials,
ownership, governance,
management, and operations.
• There must be a strong
support network within the
community including
government, education, local
business, and complementary
service agencies.
• Business incubators are
service programs, not
buildings.
• There needs to be a focus on
generating results as opposed to
activity.
• Adequate financing must be in
place to ensure the manager
doesn‟t have to become a full time
professional fundraiser.
• There must be a spirit of
collaboration with complementary
service agencies versus an attitude
of protectionism and competition.

8. Presented By: Rajni Ranjan
KEY CONSIDERATIONS
Management must be
entrepreneurial in nature and
committed to service.
Do not be overly restrictive
regarding the targeted tenant
mix. Cross pollination of ideas
is good.
Keep tenant costs down.
Focus on important things, not
glitter.
Be realistic in what can be
achieved.
• Graduation policies for
technology oriented
companies must reflect
patience. It takes a minimum
of 4 years from concept to
commercialization.
• Ensure applicants fit into the
incubator’s culture.
• It’s necessary to have a few
“anchor” tenants to ensure a
steady stream of revenue.
• Do not rely on private sector
financial contribution as a
regular on-going cost off-set.

9. Presented By: Rajni Ranjan
TYPICAL SELECTION PROCESS
Application
Incubation
Recommendation
Screening
Incubation OfferOn-boarding
Incubation
Execution
Incubatee
Graduation
Post Graduation
Engagement

10. Presented By: Rajni Ranjan
PROCESS - SETTING UP A START-UP INCUBATOR.
TAKE-OFF
DEVELOP
BUSINESS
CASE
REVENUE
BECHMARK
BUSINESS NEED
OBJECTIVE

11. Presented By: Rajni Ranjan
TYPICAL FUNDING SOURCE

12. Presented By: Rajni Ranjan
STAGE OF DEVELOPMENT
Stage - I
• Focus on
building a
minimum viable
product
• Achieve initial
commercial
traction,
Stage - II
• Reach certain
level of
maturity- limited
company is
incorporated
• Venture may
choose to exit
the incubator or
remain
• Venture is full
fledged
business but
continues to
benefit from the
support
services
provided by the
incubator.
Stage - IV
• Venture will exit
the incubator
once an
investment is
made
• Or utilise
incubator
support
services while
working to
become fully
independent.

13. Presented By: Rajni Ranjan
KEY POINTS FOR INCUBATOR SET-UP
Feasibility study - will help determine whether the proposed project has a
solid market, a sound financial base and strong community support – all
critical factors in an incubator’s success.
Model - model business incubation programs commit to industry best
practices such as structuring for financial sustainability, recruiting and
appropriately compensating management with company-growing skills,
building an effective board of directors, and placing the greatest emphasis
on client assistance.

14. Presented By: Rajni Ranjan
REVENUE SOURCE
• Incubator Client Rent
• Anchor tenant rents
• Service fees
• Grants
• Donations
• Donations in kind
• Percentage on revenue from Incubates
• Commercialization of technology
• Technology Transfer

15. Presented By: Rajni Ranjan
PERFORMANCE INDICATORS
• Number of tenant clients
• Evaluation of services by incubator clients
• Growth in the number of applicants
• Number of companies that successfully graduate
• Percentage of incubator clients that successfully graduate as measured
against the target established by the Board
• Number of jobs created on an annual basis within the incubator
• Percentage of incubator graduates that stay in the community
• Incremental tax revenues generated by technology incubator clients and
graduates
• Level of community support for technology businesses
• Number of patents applied for and received by incubator clients
• Revenue of companies being served
• Capital raised by companies being served
• Grants received by companies being served Source: Internet Data

16. Presented By: Rajni Ranjan
CONTACT
For any Query contact –
Rajni Ranjan
CEO – Teneo Global
Phone: +91-9818072971