International Award for T-TBI

December 31, 2011 at 10:18 am | Posted in General | Leave a comment

Technopark TBI won the Award for the 2^nd ‘Best New Science-Based Incubator 2011′ Category instituted by Technopolicy Network and the Centre for Strategy and Evaluation Services (CSES), UK. The award was announced during the 10^th Annual Incubation Conference held on “Best Practices in Science based Incubation”, Auckland, New Zealand on November 29, 2011. The award was presented to Technopark TBI as recognition of outstanding achievements as an Incubator. Since 2002, The Technopolicy Network and the Centre for Strategy and Evaluation Services (CSES) have been organizing the best Science Based Incubator Awards.

 Technopark TBI, by establishing Innovation & Entrepreneurship Development Centres (IEDCs) across the Engineering Colleges in the state has created an entrepreneurial revolution in the state by creating an eco-system and a fertile ground to promote innovation and entrepreneurship. As on date T-TBI have incubated 123 start-up technology companies with a success rate of over 95%. T-TBI bagged the National Best Incubator Award in the year 2007 and T-TBI companies have bagged more than a dozen awards during 2010-11.

The winners were chosen based on 22 quantitative indicators capturing different aspects of performance, good practice examples and the opinion of the international jury. The performance indicators were based on Return on Investment (RoI), sustainability and performance. Mr.RMP. Jawahar, President, Indian STEPs and Business Incubators Association (ISBA) was a jury member.