February 16, 2008
Government funding for TBI at IT-BHU
Chronicle Editor @ Feb 16, 2008
We have covered the news about IT-BHU setting up TBI (Technology Business Incubator) in our January 2008 issue. We have received the following information from Dr. P. K. Mishra about TBI:
“There is good news. We have received approval letter from DST (Department of Science & Technology) regarding TBI. Pleasant surprise is that we had asked for two thrust areas e.g. ICT (Information and Communication Technology) & BT (Bio-Technology); but they have given us Food Sector & Agricultural & Allied sector in addition to ICT & BT.
Budget will increase accordingly. Initially we will be getting support for nonrecurring expenditures for all five years and recurring grant for each year will be coming in time. The total support for this period will be around Rs 8-9 crores. As DST is not providing building grant, we have to explore contribution from University and Alumni, if we are interested to develop a separate centre for Entrepreneurship, Innovation and Technology Incubation.”
Dr P K Mishra is Reader is Chemical Engineering Dept. and also in-charge of IIPC (Industry-Institute Partnership Cell). He can be reached at: pkmishra.che@itbhu.ac.in
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