MINISTER OF SCIENCE AND TECHNOLOGY (DR. MURLI MANOHAR JOSHI)
(a to d) A statement is laid on the Table of the House.
STATEMENT AS REFERRED IN REPLY TO PARTS (a) TO (d) OF LOK SABHA STARRED QUESTION NO. 512 DUE FOR REPLY ON 28.8.2001 REGARDING CONCEPT OF TECHNOLOGY BUSINESS INCUBATORS.
( a to d) Yes Sir, the Department of Science & Technology ( DST) under the aegis of the National Science & Technology Entrepreneurship Development Board (NSTEDB) has recently evolved a scheme on Technology Business Incubators (TBIs) to be set up in and around academic and R& D institutions to catalyse the development and growth of technology based start-up units. A TBI provides a conducive environment and offers professional services during the start up phase of the tenant companies (incubatees) for their sustenance and growth. The incubatees are admitted in an incubator for a limited period of time i.e. 2-3 years. The Department has recently approved a TBI at JSS Academy of Technical Education, NOIDA, U.P in the area of Information Technology. At PSG College of Technology, Coimbatore, Tamil Nadu, another TBI is functioning as a part of Science and Technology Entrepreneurs Park (STEP) activities. A few institutions from other States are interacting with the D!
epartment for setting up of TBIs.
For development and commercialisation of indigenous technologies by industrial concerns, the government has constituted the Technology Development Board under the Department of Science & Technology. The incubatees of TBI are also qualified to seek financial assistance from the Board.