Spectrum of Services
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Technology Business Incubator
MITCON Technology Business Incubator
MITCON's Technology BUSINESS INCUBATOR is sponsored by Department of Science and Technology
(DST), Govt. of India & APCTT, New Delhi. It is also approved by Ministry of Micro, Small and Medium
Enterprises (MSME), Govt. of India. An integrated project having state of art Biotechnology laboratory,
consultancy wing and training facility for various disciplines in Bio-Technology, agriculture, food
processing and Pharmaceutical has been set up to boost commercialization through incubation. The Center houses facilities for Microbiology, Biofertilizers, Biopesticides, Genomics, Plant Tissue culture sale and supply center, Bioinformatics laboratories. MITCON's Incubation facility is located in the central part of Pune city.
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Thrust Area :
Biotechnology, Agriculture, Food Processing, Ayurveda, Pharmaceuticals.
List of the services provided by MITCON TBI:
• Market survey / marketing assistance
• Business planning and training
• Organizing management/ technical assistance
• Assistance in obtaining statutory approvals
• Syndicating finances
• Arranging legal and IPR services
• Using facilities of the Host Institute (HI) at nominal charges
• Work space for a limited period
• Common facilities of TBI such as communication, conference, computers. |
How We Support?
For the new business, the time of highest risk occurs at the beginning of the commercialization cycle. What is needed is a helping hand to guide new entrepreneurs through their process. MITCON TBI
provides help and assistance to research academics / entrepreneurs seeking to translate their scientific
research into commercial enterprises. MITCON TBI provides a range of low cost, physical
resources (offices space and administration) to provide entrepreneurs with a viable commercial presence and a platform whilst developing their new enterprises.
Additionally, MITCON TBI provides an extensive range of advisory services and soft infrastructure to
assist new entrepreneurs. These include experienced coaches and mentors, as well as legal and professional advisors.
In addition, MITCON TBI has access to a broad resource network of invaluable contacts and
institutions (government and private) to assist in connecting new businesses to the global economy.
In total, MITCON TBI can help new entrepreneurs to rapidly build a robust, sustainable enterprise around their technology and greatly enhance their chances of commercial success. |

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Associated with :
• Department of Science and Technology, Government of India
• Ministry of Food Processing Industries, Government of India
• Department of Biotechnology, Government of India
• Ministry of Micro, Small & Medium Enterprises, Government of India
• Ministry of Agriculture & Co-operation, Government of India
• Ministry of Rural Development, Government of India
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Department of Science & Technology, Govt. of India
Technology Development Board (TDB) -
Seed Support System
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MITCON has received approval under the scheme "Seed Support System for Start-ups in Incubators" of the Technology Development Board, Department of Science & Technology for seed fund with a corpus of Rs 1 Crore.
The objective of the seed support being to develop the resources and infrastructure that are essential to identify early stage opportunities and then assist the client companies in the process of commercialization.
Incubatees are encouraged to contact MITCON for further information. Rs. 1 Lakh to Rs. 25 lakhs financial assistance will be provided to the incubated entrepreneur.
The disbursement will be linked to benchmarks / milestones. List of services to be covered under the financial assistance include:
- Access to laboratories
- Common facilities of TBI such as communication, conference, computers,
security, utility, etc.
- Research & Development of a Product
- Work space for a limited period
- Human Resources
- Operational costs
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