Welcome to STEP/TBI

The Science and Technology  Entrepreneurs' Park (STEP) was established at IIT Kharagpur in Dec. 1986 with financial support from DST New Delhi, DST West Bengal, IDBI, IFCI, ICICI. Approval was accorded by DST on Aug.14, 1987. Operations commenced from Mar.1989.

As per the mandate set by National Science and Technology Entrepreneurship Development Board (NSTEDB), DST, New Delhi, STEP IIT Kharagpur has come a long way in promoting entrepreneurship by providing a conducive environment of nurturing and mentoring to the prospective entrepreneurs. STEP- IIT Kharagpur, works in complete harmony with the other incubation programmes like Technology Incubation and Entrepreneurship Training Society (TIETS) and Technology Business Incubation (TBI) of the host institute (Indian Institute of Technology, Kharagpur) and acts as a conduit between IIT and the external world to facilitate technology transfer as well as to convert research out comes of entrepreneurs to commercially viable propositions.

The concept of providing space which is called the 'wet incubation' at IIT Kharagpur, with subsidized costs to the entrepreneurs plays a critical role in the beginning years of a start- up. The concept of providing seed support and funds to the entrepreneurs which is called 'dry incubation' at IIT Kharagpur with very nominal interest rates is supported by TIETS. Both the programmes give flexibility to the eligible entrepreneurs for development and scale-up.

IIT Kharagpur is a strategic knowledge partner for an entrepreneur. It is a synergy of the various schools of engineering, sciences, management studies, intellectual property law, medical science and technology and information technology. Technology Business Incubation (TBI) has both student and faculty representatives from each of the above schools and thus creates a synergy of people, processes and technology. It imparts unique entrepreneurial knowledge and skills related to new enterprise creation and management to meet the trends and opportunities presented

 

TBI Seed Support

In the present state of economic growth sweeping the country, many startups are

reluctant to establish a web of co-operative but uncertain external commitments. There is a great need to support these startups and innovators with viable support mechanisms like