The Technology Business Incubator (TBI) at KIET Group of Institutions, Delhi-NCR, Ghaziabad, has been selected as a Partner Incubator by the iDEX program under the Directorate of Indigenization (DIO), Ministry of Defence, Government of India.
This prestigious recognition places TBI-KIET among the elite nine incubators selected nationwide. Earlier there were 19 incubators, to which 9 incubators have been added during the recent ‘Swavlamban 2023’ event organized on 4th October in New Delhi. The announcement was made during a distinguished ceremony at the event that was graced by the presence of the Honourable Raksha Mantri (RM), Shri Rajnath Singh, and other top-ranking officials representing the Defence forces of India.
Only two to three private institutions were recognized as partner incubators by the iDEX program, besides IITs, IIMs, and IIITs. But, after this recognition, TBI-KIET has also marked its position in the list of partner incubators.
TBI-KIET as a partner incubator will support the awareness about DISC, Defence innovation, selection, and Incubation to the DISC challenge Winners.
TBI-KIET stands as the sole institute incubator to achieve this remarkable distinction. Established as the Krishna Path Incubation Society-TBI in 2007, it operates as a registered body under the Society Registration Act 1860. This pioneering initiative was collaboratively promoted by the National Science & Technology Entrepreneurship Development Board (NSTEDB), Department of Science & Technology, Government of India, and the KIET Group of Institutions in Ghaziabad.
This achievement underscores the institute's dedication to innovation and entrepreneurship and reinforces its vital role in advancing the nation's defense capabilities.
The iDEX initiative was launched by the Hon’ble PM in April 2018. iDEX aims to achieve self-reliance and foster innovation and technology development in Defence and Aerospace by engaging Industries including MSMEs, start-ups, individual innovators, R&D institutes, and academia. iDEX has partnered with leading incubators in the country to provide handholding, technical support, and guidance to the winners of iDEX challenges.
TBI-KIET's selection as a Partner Incubator demonstrates its commitment to fostering innovation and technology development in alignment with the national defense sector's goals.