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Technology

TBI 2.0 initiative: National Institute of Engineering recognised as Technology Business Incubator

Updated - January 03, 2026 08:23 pm IST - MYSURU The National Institute of Engineering (NIE), Mysuru, has been officially recognised as a Technology Business Incubator (TBI) under the Government of Karnataka’s flagship TBI 2.0 initiative. Under this recognition, NIE–TBI will receive a support of ₹10 crore from the Karnataka Innovation and Technology Society (KITS), Government of Karnataka, over five years. The incubator will function as a TBI 2.0 Centre, with a strategic focus on agritech, energy, and artificial intelligence (AI), aligned with the objectives of the Karnataka Startup Policy 2022–2027.

TBI 2.0 initiative: National Institute of Engineering recognised as Technology Business Incubator

Credit: Thehindu

Key Highlights

  • The TBI 2.0 initiative was launched to promote research, innovation, and startup activity beyond Bengaluru.
  • As part of the State’s ‘Beyond Bengaluru’ vision, 11 new TBIs are being established across Karnataka, excluding Bengaluru urban district, to strengthen regional innovation ecosystems, a press release said.
  • TBIs are specialised facilities associated with academic, technical, and research institutions that nurture technology-based startups and innovation-driven enterprises.
  • They play a vital role in bridging the gap between research and commercialisation by supporting early-stage startups during their most critical phases through infrastructure, mentoring, funding access, and market linkages, the release said.
  • Speaking on the occasion, Amjad Husain, CEO and head of the NIE Centre for Innovation and Startups, stated that the NIE-TBI will focus on much-needed agritech and energy solutions, including AI/Machine Learning-enabled mobility and intelligent systems.
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Sources

  1. TBI 2.0 initiative: National Institute of Engineering recognised as Technology Business Incubator

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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