final annual report_0708 t-tbi

7/29/2019 Final Annual Report_0708 T-TBI

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Annual Re ort 2007-08

Spreading the Spirit of Innovation & Entrepreneurship


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Chairmans message

Technopark-TBI is the first Business Incubator which has been operating successfully in

Technopark. Technopark is the largest and greenest technology park of the Country with

world class IT infrastructure facilities in a resort like environment. T-TBIs primary goal has

been identifying and promoting innovation, entrepreneurship and employment through

business incubation activity. With the leadership of committed business experts and with the

co-operation of dedicated employees, support of Department of Science & Technology (DST)

and networking with Universities and premier academic institutions of the state T-TBI has

made significant strides. The T-TBI is acting as a platform for the new and innovative

entrepreneurs to develop their ideas into products and services and build businesses out of

them. Technopark has launched several other complementary initiatives like Technopark

Business Incubation Centre (TBIC), National Centre for Innovation, Incubation and

Entrepreneurship (NCIIE), Technopark- TePP Outreach Centre (T-TUC) and Technopark

Software Engineering Competency Centre (TSECC) to create an eco system that nurtures andsupports entrepreneurs.

Unlike other business incubators, Technopark-TBI is unique in itself because of its novelty in

spreading techno-entrepreneurship among the students and innovators. Technopark TBI is the

pioneer in introducing and organizing various programmes like Technopreneur workshops,

Entrepreneurship Awareness Camps, Entrepreneurship Development Programmes, residential

Faculty Development Programmes, Bar camps, Boot camps, One-to-one and panel

discussions, Software Engineering workshops, online mentoring and networking, TechTop

the all India student project competition with highest prize money, Enginee ring students

project exhibitions, Entrepreneurship Development Cells, TBI Extension Centres, Virtual

Incubation and Pre-incubation facilities. Besides, Technopark TBI is financially supporting

the budding Technopreneur through Seed Support System and molding them technically to

become successful entrepreneurs. It is a matter of pride that Technopark-TBI bagged the

National Award for the Best Technology Business Incubator in India for the year 2007. The

inspiration given by Technopark-TBI to the society in creating an entrepreneurship culture

among the student community as well as creating employment generators in the College

campuses is highly


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significant. It is indeed a great pleasure to see that the services rendered by Technopark TBI

in promoting technopreneurship is triggering the industrial and economic regeneration in the

State of Kerala.

We wish to place on record our gratitude to the various agencies of Govt of India and the

Govt of Kerala and the multitude of institutions and individuals supporting us in this greatinitiative. Let me also wish the dedicated team in Technopark greater success in future.

N.Radhakrishnan Nair

Chairman


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Secretarys Message

I have seen and interacted with thousands of students, but this is the first time a group of

students have come up to me and told me that they dreamed to be job creators and not job

seekers. This is a very fascinating and happy moment for me to see the changes that students

are trying to bring in to our country, said Dr.APJ Abdul Kalam, when he met the founding

team of Torque Technology Solutions, the first students incubated company in Technopark-

Technology Business Incubator, Kerala.

Technopark launched the Business Incubation programmes, Technopark Business

Incubation Centre (T-BIC) in the year 2002 with Government of Kerala support.

Technopark has started Technology business incubator in 2007 and in no time it became one

of the best technology business incubators in the country. Technopark Technology Business

Incubator (T-TBI) is a joint initiative of Technopark, Trivandrum and the Department of

Science and Technology (DST), Government of India. T-TBI is registered as a Society on 7 th

June 2006 under Travancore-Cochin Literary, Scientific and Charitable Societies Registration

Act XII of 1955. Our efforts got recognised when Technopark Technology Business

Incubator got DST support on 1st

April 2007.

T-TBI has phased its activities to maintain the status of a Regional TBI in the state with

extensive networking among all Engineering Colleges and Management Institutes in the state

in association with Higher Education Department & Directorate of Technical Education,

Govt of Kerala. The State Government recognized Technopark as a Centre of Excellence for

this purpose.

T-TBI has been giving admission to technology development and product based companies to

become successful business enterprises. T-TBI also extends mentoring services through

various technology and management experts who are proficient in guiding the Incubatees. T-

TBI provide Incubatees with necessary infrastructure support, technology/ prototypedevelopment support, research assistance, help in getting VC funding and Seed Support,

mentoring & business consulting assistance and do whatever is necessary to make the start-up

a success.

T-TBI is providing a 10,000 sq. ft fully furnished office modules of sizes ranging from 150

sq. ft to 300 sq. ft. with plug and play facilities to house the incubation companies. Another

2000 sq. ft. of this space is set aside for Incubator office, Laboratory, Library etc. and is used

as training rooms and faculty offices. As a part of the expansion plan, 5000 sq. ft space has

been furnished in Tejaswini building with latest infrastructure and networking facilities. The

new office modules have been designed with a built up size of 300 sq. ft to 400 sq. ft with

centralized air conditioning and failsafe supporting facilities at a reasonable cost forsuccessfully setting up their ICT office units in capital city of Kerala.


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Technopark was successful in admitting 12 new companies and generating employment for

more than 250 people through its incubation programmes in the year 2007-08. About 23

companies have been functioning in the incubator facility with varied business in IT & ITES

sectors. Unlike previous years, this year Technopark-TBI could admit business ventures from

niche areas like Optical Holography, Bio Informatics, Embedded & Hardware Systems, and

Medical Electronics, e-learning business portals and ERP business solutions. The companies

were given expert mentoring and counseling before starting their start up ventures in the T-

TBI. It is a matter of delight that no companies functioning in the incubation were dropped

out during the last year; which made up a success rate of 100%, with the capacity utilization

of the installed facilities of 95%. This is really a creditable achievement in the country. As on

March 31, 2008, TBIC and T-TBI together have incubated 62 start-up companies.

Technopark is one of the Outreach Centres (T-TUC) of DSIR (Department of Scientific and

Industrial Research) for the selection and evaluation of genuine Innovators and Entrepreneurs

in the Country. DSIR has recognised Technopark as their TUC during 2007 and in short span

of time two of our Incubatees were sanctioned sizable TePP funding in 2007-08. Mr. Sanjay

Vijaykumar ,CEO of TORQUE Pvt Ltd, an engineering college student start up and incubateeof T-TBI was sanctioned a TePP grant of Rs.8.00 lakhs for his innovation Mobile Crime and

Accident Reporting Platform( M-CARP). Another student entrepreneur and incubate of T-

TBI Mr.Aaron Joseph George from Velozeta Engineering Solutions P Ltd also got TePP

funding of Rs.12 lakhs for his innovation Six Stroke Engine. Another innovator

Dr.P.T.Ajith Kumar, CEO of Light Logics Holography & Optics Pvt Ltd was sanctioned a

TePP funding of Rs.14.50lakhs for his project Development and Optimization of a

Holographic Pulsed Portrait Camera System. This seed funding helped these innovators to

kick start their product development and commercialization activities. T-TUC has been

maintaining a panel of technical experts called the Technology Angels from various parts

of South India, who are willing to assist these innovators in need basis. So far, T-TUC is

having about 35 Technology Angels who are specialized in areas of physics, automobile,mechanical engineering, biomedical, bioinformatics, chemical engineering, computer science,

electrical and electronics engineering, cryogenic engineering, dentistry, energy management,

entomology, geology, food science, marine technology, medical electronics, metallurgy,

power electronics, oncology, ship technology and zoology.

During this year, Technopark-TBI has participated in 2 day national workshop on

Technology Entrepreneurship Education- Theory and Practice, held at Intel India

Development Centre, in Bangalore on December 13 and 14, 2007.The programme was jointly

organized by the Department of Science and Technology (DST), Govt.of India, Indo-US

Science and Technology Forum and UC-Berkely, USA.

Technopark in association with Degree Controls Inc. of USA and with the support of IEEE-

Kerala Section, IBS and Executive Knowledge Lines Magazine successfully organized

TechTop 2007, an All India Level Engineering Students Project Exhibition. This Contest

opened up the avenues for Engineering Student from various states to demonstrate their

innovative idea with a working model. Tech Top is one of the most sought after technical

competition for engineering students with a prize money of Rs.1,00,000/-.The event was

formally inaugurated by Dr.Ajay Kumar IAS, SecretaryIT, Kerala. About 70 Applications

from 10 states namely Andhra Pradesh, Delhi, Gujarath, Karnataka, Kerala, Maharashtra,

Punjab, Rajasthan, Tamil Nadu and West Bengal were received , out of which 18 projects

were selected for the final contest that held on October, 2007. TechTop 2007 exhibition held


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in park centre attracted quite a number of visitors; most of them were students from various

engineering colleges in the city and employees of Technopark companies.

Technopark-TBI added one more golden feather to its crown by hosting the Second Annual

Conference of ISBA, the Indian STEPS (Science & Technology Entrepreneur Parks) and

Business Incubators Association, from 31

st

January to 2

nd

February 2008. Besides membersof ISBA, the participants at the 3 day event included delegates from International science

parks and business incubators, financial institutions, venture capitalists, angel investors,

business consultants, R& D institutions and academia. The event commenced with

Preconference workshop Technopreneur 2008 on January 29 and 30. The National

Advisory Council (NAC) Meet, TePP National Meet, 85th TePP Screening Committee

Meeting and Technology Angels Meeting were conducted concurrently with ISBA 2008. The

Events saw the convergence of a large number of distinguished personalities to Technopark,

Trivandrum, from within the country as well as from outside, including delegates from the

different arms of the World Bank like infoDev and the Asian Association of Business

Incubators (AABI). We have received a very good appreciation from the participants and

received a lot of TBI enquiries from innovators, students and prospective entrepreneurs.

Technopark successfully organized the first follow up ofTechnopreneur 2008, aone day

workshop on Promoting Technology Business Incubation and Building Enterprises at

Malabar Palace, Kozhikode on 10th March, 2008 with NITC TBI, STED and VHSE. The

program was supported by DST, TIFAC & DSIR, Govt. of India and STED, NIT TBI.

One of the greatest achievements of T-TBI during the year was that we bagged the

prestigious National Award for the Best Technology Business Incubator in the Country for

the year 2007, for playing a key role in promoting the entrepreneurial culture in the Country.

The award is instituted by the Department of Science and Technology, Govt. of India, for

encouraging and recognizing the business incubation activity. Former President andrenowned scientist Dr.APJ Abdul Kalam presented the National Award which was received

by T-TBI Chairman, Mr. N. Radhakrishnan Nair along with me at a glittering ceremony held

in New Delhi.

T-TBI had a lot of achievements and challenges during last year. The motivation and the

team spirit we gained through the past experience give us confidence in accomplishing our

goal of promoting the spirit of innovation and entrepreneurship nationwide.

K C Chandrasekharan NairSecretary Cum Registrar


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Technopark-Technology Business Incubator (T-TBI) has been inspiring the youngtalents of Kerala to transform themselves into Job Creators rather than JobSeekers. It motivates to transform their Innovations into commercial products andguide and nurture them to emerge as successful entrepreneurs. Technopark beingthe first and greenest IT Park in the country proved to have provided the most

conducive working environment for a Technology Business Incubator to developingin-house entrepreneurs by supporting their innovations through incubation.

Technopark Technology Business Incubator (T-TBI) is a joint initiative ofTechnopark, Trivandrum and the Department of Science and Technology (DST),Government of India. T-TBI is a registered as a Society on 7th June 2006 underTravancore-Cochin Literary, Scientific and Charitable Societies Registration Act

Number XII of 1955.

Technopark, Trivandrum has been apioneer in utilizing the advancements

in the field of Information Technologyfor bringing economic prosperity tothe State of Kerala, located in thesouthern tip of India. Technopark-TBIis spearheading the EntrepreneurDevelopment activities by identifyingand nurturing the young talents in theEngineering Colleges and TechnicalInstitutes in the locality. Technoparklaunched the Technopark Technology

Business Incubator (T-TBI) in the year2005 and has started its operationduring 2006 as a Regional TBI withextensive networking among all theEngineering Colleges andManagement Institutes in the state inAssociation with Higher Education

Department & Directorate of Technical Education, Govt of Kerala. T-TBI has beeninstrumental in spreading the spirit of Innovation, Incubation and Entrepreneurshipamong the smart young talents residing in the campuses of Kerala.

Typically, T-TBI provide entrepreneurs with necessary infrastructure support,technology/ prototype development support, research assistance, help in gettingfunding, mentoring & business consulting assistance and do whatever is necessaryto make the start-up a success. Technopark TBI promotes Enterprise andEntrepreneurship Development through several value enhancement services likeassistance and advices to Legal, Financial, Tax Planning, research and developmentactivities, creating networks among eminent resource persons and introducingVenture Capitalists, IPR Issues, thus carrying out high end technologycommercialization.

So far the Incubation initiatives of Technopark through T-BIC & T-TBI has assisted62 start-up companies. Out of this, 34 companies have graduated and moved into


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larger space in the Campus and 23 are still continuing their operation in theincubator. Altogether, these companies have created 2000 job opportunities thusyielding a success rate of almost 95% that indeed a creditable achievement to thecountry.

T-TBI is a member of the Indian Science & Technology Entrepreneurs Park andBusiness Incubators Association (ISBA) and is actively supported by Department ofscience and Technology (DST), Department of Scientific and Industrial Research(DSIR)/ Technology Information Forecasting and Assessment Council (TIFAC),Government of India.

VISION

To become the best Technology Business Incubator in the Asia Pacific region byidentifying and promoting the potential innovators and entrepreneurial talents all

over the region and to bring excellence to the technology and knowledge-driven

business startups in their early-stages itself, through technology and business

incubation , there by enhancing the culture and climate of technopreneurship in the

nation.

MISSION

To make T-TBI a Centre of Excellence for Entrepreneurship development anda leading R & D centre for the commercialization of Innovative Technologies.

Provide infrastructure, management assistance, financial resources, andsupport networks that enable new and emerging companies to succeed andprosper creating value-added jobs for the region through thecommercialization of technology.

Spot and support the launch, growth, stabilization and long-term success of

the incubator companies.

To create, regulate and sustain a globally competitive entrepreneur friendly

environment.

An appropriate tool for the economic development by promotingtechnology/ knowledge-based home grown companies , culture ofTechnopreneurship for creating Job Providers.


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OBJECTIVES

T-TBI works to achieve the following objectives.

- Identify entrepreneurial talents- Promote an entrepreneurial culture in Kerala- Assist the entrepreneurs to build technology-based enterprises.- Introduce entrepreneurial skills to the students of Technical Institutions.- Address the technology based entrepreneurship development requirements

in the traditional sectors of Kerala

- Train the entrepreneurs in technology and business management.- Build appropriate training programmes suitable for Keralas socio-economic

culture

- Identify market niche for technology products and services to be addressedby entrepreneurs.

- Interfacing and networking among academic, R&D institutions, industriesand financial institutions

- Undertake Research & Development activities and build a workable model oftechnology based Entrepreneurship in Kerala.

-

Establishing a platform for speedy commercialization of the technologiesdeveloped in the institutes to reach the end-users

QUALITY POLICY

T-TBI is committed to promote and encourage Innovation, Incubation andEntrepreneurship by providing quality environment including quality infrastructure,

mentoring and all support services essential for budding entrepreneurs therebyfostering a globally competitive entrepreneur friendly environment throughnetworking with the academia, government and industry by continual improvementof business activities.


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THRUST AREAS

T-TBI is having thrust areas in Information and Communication Technologies

including

Computer Software

Computer Hardware

Computer Based Services

Information Technology

IT Enabled Services

Bio-Informatics

T-TBI MANAGEMENT TEAM

BOARD OF GOVERNORS (BOG) OF T-TBI

Chairman of BOG - N.Radhakrishnan Nair, CEO, Technopark

1. Mr.H.K.Mittal, Advisor, DST, Govt of India

2. Mr.C.S.Rajan- Dy.General Manager, SIDBI.

3. Mr.Krishnamoorthy, General Manager, KSIDC

4. Dr.K.R.Srivatsan,Director ,IIITMK, Technopark, Trivandrum

5. Mr.Muralee Gopalan , Executive Director, TiE, Kerala

6. Mr.Sanjay Vijayakumar, CEO, MobME Wireless Solutions (P) Ltd

7. Mr.Simon Zacharia, Director- Broadcast & Communication group,CDAC

8. Dr.Dinesh Awasthi, Director, EDII Ahmedabad

9. Mr.K.C.Chandrasekharan Nair, Secretary cum Registrar, T-TBI

EXECUTIVE COMMITTEE OF T-TBI

1. Mr.N.Radhakrishnan Nair, CEO, Technopark - Chairman

2. Mr.K.C.Chandrasekharan Nair, CFO, Technopark - Secretary cum Registrar

3. Mr.K.Ramachandran, DGM(Personnel & Admin),Technopark Treasurer

4. Mr.M.Vasudevan,Senior Manager(BD), Technopark Joint Secretary

5. Mr.R.C.Dutt, Expert Consultant & Advisor, Incubation Activities, Technopark-member

6. Mr.K.V.Rajendran, GM(Technical),Technopark - Member

7. Director, T-TBI - Member


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T-TBI CORE TEAM

Sl.

No.

Name Designation Educational

Qualification

&Experience

Duties &

Responsibility

1 N.Radhakrishnan Nair Chairman ,T-TBI

(CEO, Technopark)

B.Tech, MBA General

Administration

2 K.C.Chandrasekharan

Nair

Secretary cum

Registrar,TTBI

CFO,Technopark

Mcom,MBA

MPhil

General

Administration

Finance &

Mentoring

3 K.V.Rajendran GM, Technical

Technopark

B.Tech,MBA Charge of Lab

& Other

competency

centres

3 Ramesh.C. Dutt Expert Consultant

& Advisor

M. Engg.

MBA

Project

Guidance &

advice

3 Mary Thomas Technical Officer B.Tech, MBA Purchase&

Finance

4 Sreejith.S Technical Officer B.Tech, MBA Marketing ,

Training &

Development

5 Surya Thankam.S Technical Officer B.Tech, MBA Administration

& License

agreements


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T-TBI ALLIED INITIATIVES

Technopark Business Incubation Centre (TBIC)

T-BIC started as an initiative of

Technopark in 2002, supported byGovernment of Kerala, institutionalizedfor incubating Business Ventures, whichare spinning out of the campus andcompanies from within and outside thecountry. TBIC is a proven model ofBusiness Incubation that offers congenialenvironment for an enterprise to growduring their start up phase so as togenerate successful global ventures. T-

BIC provides ready to move in, plug andplay facilities for

start up companies. Essential operational support services such as security, receptionservice, telephone operator service, photo copying etc. are offered by Technopark aspart of the package. In addition, necessary business support services includingbusiness consulting, mentoring and advisory services, right from the stage ofcompany formation, are also provided. This enables the entrepreneur to build up theenterprise at the required international standards.

National Centre for Innovation, Incubation and Entrepreneurship (NCIIE)

NCIIE is a learning platform for innovators and entrepreneurs in developingappropriate entrepreneurship models suited to the socio-economic and culturalenvironment of the state. NCIIE, being a part of the Technopark-TechnologyBusiness Incubator, has been conducting courses and seminars on EntrepreneurshipDevelopment for innovators, engineering and management students. NCIIE is alsoorganizing various residential and non-residential Faculty DevelopmentProgrammes (FDPs) with the support from TEQUIP (Technical Education Quality

Improvement Programme) of the State Government and DST.

NCIIE is a joint association between IndianInstitute of Information technology andmanagement-Kerala (IIITM-K) andEntrepreneurship Development institute of India

(EDII) with the support of National Science and Technology EntrepreneurshipDevelopment Board (NSTEDB), Department of Science & Technology, Govt. ofIndia. NCIIE assists potential entrepreneurs to take up entrepreneurship in the areaof Information and Computer Technology (ICT).


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Technopark Software Engineering Competency Centre (TSECC)

TSECC is a software testing facility set up by Technopark jointly with RationalSoftware to provide high end software testing tool facility that is unaffordable for a

business startup and Micro Small and Medium Enterprises (MSMEs) in their earlystages. The uniqueness of this joint initiative is that easy access to Rational tools willbe complemented by Rational certified professionals at TSECC who facilitateacquisition of new skills by the target audience.

TSECC facilitates bridging the gap betweentheoretical learning and practical implementation ofbest practices of software development throughRationals software engineering tools. RationalIndia provides the entire library of rational tools,solution samples, product demos, white papers and

other necessary collateral. TSECC holds rationalCertified professionals who handhold and provideguidance to visitors coming to centre, and as such

responsible for the operation of the centre ensuring customer satisfaction.

TSECC target primarily at small and medium software development companies, thestudent and academic/research community, as well as new IT entrepreneurs inKerala. The centre guides software development companies on how to buildsoftware engineering into the software development process. For a prospectiveentrepreneur, it serves as a first level information center on managing a successfulventure in software development implementing cutting edge software engineeringprinciples. TSECC uniquely enables industry, particularly freshly incubated units, toimprove the quality of their offerings and reduce cost of software development. Italso enables the creation of a ready pool of technical personnel familiar with thelatest software engineering concepts and tools.

Technoland

After the successful development of prototypes, the innovators and entrepreneurs

are given the opportunity to exhibit their products in theexhibition space called TECHNOLAND. This is useful forinnovators and entrepreneurs in the marketing of theirproducts as well as attractingpotential investment. The largenumber of visitors and clients fromdifferent parts of the world coming to

Technopark also visit the exhibition area. Students from Collegesand Schools come to Technopark regularly and get anopportunity to see the work of innovators in the exhibition area.


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Technopark TePP Outreach Centre(T-TUC)

Technopark is one of the Outreach Centres of DSIR (T-TUC) for selection and

evaluation of genuine Innovators andEntrepreneurs in the Country. DSIR hasrecognised Technopark as their Outreach Centreduring 2007 In a short span of time more than adozen Innovators were sanctioned sizable TePPfunding through T-TUC. Our Incubatees in T-TBIlike Torque, Light logics, also got sizable TePPfunding .This seed funding helps these incubateesto kick start their product development andcommercialization activities. Technopark-TUC has

been providing relentless guidance and support tothe innovators in preparing their project proposal and in building up a realisticbusiness plan for their venture. T-TUC selects and evaluates genuine innovatorsand entrepreneurs and helps them in getting the financial assistance from DSIR, GoIfor converting their innovative ideas into quality products and commercializing it.

T-TBI Extension Centres

Extension Centres of T-TBI are set up in the Engineering Colleges and B Schoolsacross the state of Kerala. This is done with the active support ofthe management, faculty and students of the EngineeringColleges & Management Schools. The start up company becomesthe Virtual Incubatee of Technopark-TBI and the EDC of theCollege will host the Extension Centre of T-TBI.

The infrastructure and R & D facilities for this are offered by thecollege Entrepreneurship Development Cell (EDC) and othersupport facilities shall be extended by the Technopark-TBI

Virtual Incubation

Another very innovative concept of incubation initiative practiced by TechnoparkTBI is the Virtual Incubation in which the start upcompany, whether it be a student venture or a startup entrepreneur who hires a space for the operationof his company outside T-TBI Extension Centres orT-TBI premises .Technopark TBI evaluates thebusiness plan of the company for business &technology feasibility and selects the start up

company as a Virtual Incubatee and provides total support and expert advise andnetworking oppurtunities needed to create enterprises


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Pre-Incubation

Technopark TBI provides Pre-incubation facilities to premature entrepreneurs as

well as students who wish to launch their Technology venturesthrough Technopark-TBI. Necessary training for the preparationof business plans, and designing of the innovative ideas areprovided to them in the pre-incubation stage. The period of pre-incubation is maximum six months, after which, they shall beevaluated by the expert committee for getting admitted into theincubation space.

Entrepreneurship Development Cells (EDC)

Technopark TBI is acting as a Regional TBI and is avidly helping the Engineeringcolleges and B Schools in the state in setting up Entrepreneurship Development Cellsin their campus. The regional TBI is acting as a catalyst to spread the message ofInnovation, Incubation and Entrepreneurship though out the region and thus settingup an entrepreneurial eco system in Kerala. Technopark TBI is networked with allthe Engineering Colleges, Science & Technical Institutions and B-Schools in the stateand helping them to form Entrepreneurship Development Cells (EDCs) in thecolleges and helps them in transforming the EDCs into Technology Business

Incubator later. The EDCs formed in the accredited Institutions will get fundingsupport from DST which is channeled through Technopark TBI.

PROGRAMMES & ACTIVITIES

T-TBI has been very proactive in organizing Entrepreneurship Awareness Camps(EAC) Entrepreneurship Development Programmes (EDP) and FacultyDevelopment Programmes (FDP) in many parts of the state in association with Statelevel Entrepreneurship Institutes like STED (Kerala State Science & Technology

Entrepreneurship Development), KIED (Kerala Institute of EntrepreneurshipDevelopment), TiE Kerala, Cochin University of Science and Technology (CUSAT)etc.


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ISBA 2008: Celebrating the surge of Business Incubation nation-wide

The Second Annual Conference of IndianSTEPs (Science & Technology

Entrepreneurs Parks) and BusinessIncubators Association - the ISBA 2008was conducted at Technopark from

January 30th to February 1st, 2008. Theevents saw the convergence of a largenumber of distinguished personalities toTechnopark, Trivandrum, from within

the country as well as from outside, including delegates from the different arms ofthe World Bank. It has brought accolades to Technopark from many people aroundthe country and also from agencies like the World Bank, infoDev and the Asian

Association of Business Incubators.The event was aimed at emphasizing the need to promote business incubation, andthereby driving the economic growth of India to a higher plane. The theme of ISBA2008 was Global leadership through innovation, incubation and Entrepreneurship.

The 3-day conference formed part of ISBA 2008, incorporating various events ofnational importance in its agenda. Being one of the active Technology BusinessIncubators (TBI) in India, Technopark was chosen as the venue of this prestigious

international conference and was awarded the privilege of hosting the cluster ofevents. The conference was attended by about 250 participants from various TBIs inIndia, representatives of Infodev (World Bank division), Asian Association of

Business Incubators, and most of the top officials of the Department of Science &Technology (DST), Government of India.

The photograph at the close of ISBA 2008


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STEP TBI NAC Meeting

The STEP TBI National Advisory Committee, functioning

under the Dept. of Science & Technology, Govt. of India,

held its meeting in Park Centre on 30 and 31 st Jan, 2008.

Most of the members of the NAC were present. The first

day was for evaluating the new TBIs and the second day

was for assessing the performance of existing TBIs. On the 2nd day, T-TBI presented

its annual performance report and the Committee unanimously declared

Technopark TBI as the best in the country.

85th TePP Screening Committee Meeting

The 85th meeting of the TePP Screening Committee(TSC) was held in Park Centre on 6th February2008. Many entrepreneurs presented their projectproposals before theTSC, including threefrom Technopark TUC,namely Light Logic

Holography, Sooryakiran Bioinformatics and DivxMedical Equipments, all three operating from theTechnopark Technology Business Incubator.

Technopark TUC Technology Angels meet

TePP Technology Angels of Technopark

TUC converged in Park Centre on February

7, 2008, for a discussion with the DSIR topteam led by Dr. A.S. Rao, Advisor, DSIR on

methods of evaluation of proposals. The

officials of TePP, TIFAC (Technology

Information, Forecasting and Assessment

Council), along with Prof. C. Amarnath,

Chairman, TSC were present. The leading

Experts in Trivandrum like Dr. V.K. Damodaran, former Chairman-STEC, Govt. of

Kerala, Mr. N.T. Nair, Chairman IEEE India Council, Dr. Achuthsankar.S.Nair,

Head, Bioinformatics Centre, University of Kerala, Professors from CET and SCTCE,


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scientists from VSSC, LPSC, RGCB, NIIST and CDAC were also present in the

meeting. The event marked the get together of eminent experts in the country who

discussed the various ways to supplement the entrepreneurship efforts of

organizations like Technopark in the future.

ISBA Conference Exhibition showcases innovation and creativity

The platform to showcase innovative ideas from

incubatees and entrepreneurs from various parts of

the country was provided by the conference

Exhibition conducted in the Park Centre from January

30 to February 6. A steady stream of visitors from

among the conference delegates and personnel from then many companies in thecampus kept the ambience alive through all nine days of the exhibition.

Incubatees from National Institute of Design had organized an exhibition of their

products along with Incubatees from NIT Calicut

and Technopark TBI like Gamut Technologies, Light

Logics, Sooryakiran and Velozeta Engineering. We

find that such platforms to display innovations and

creativity among budding entrepreneurs can go a

long way in ensuring the growth of business

incubation in the country, said senior officials from

the Dept. of Science & Technology, (DST) and the Dept. of Scientific & Industrial

Research, (DSIR), after viewing the exhibits.

Technopreneur 2008 @ Technopark

Technopark TBI successfully launched a workshop series on

Promoting Business & Technology Incubation and BuildingGlobal Enterprises on the eve of ISBA 2008 Conference. ISBA

is the Indian STEPs (Science and Technology Entrepreneurs'

Parks) and Business Incubation

Association. The major objective of

Technopreneur 2008 is to promote

Innovation and Entrepreneurship in campuses of Academic

Institutions and Rural Kerala and to exploit and convert the

skills and expertise within the institutes to effectively create

entrepreneurial ventures. The preconference workshops, jointly


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titled Technopreneur 2008, were held on January 30 and 31, 2008 with the theme

Global Enterprises through Business Incubators. The second workshop on,

Promoting Business and Technology Incubation was held on January 31.The

program was attended by many professionals and faculty of engineering colleges in

and outside the State, technical and management students,

innovators, technical experts, research personnel from R&D

centres and representatives from entrepreneurship institutes such

as STED and KIED. Numbering nearly 120, they interacted with

the experts thus making the opportunity to strengthen and share

their ideas on the theme.

Technopreneur 2008 @ Kozhikode

The first follow up program of Technopreneur 2008 on Promoting Technology

Business Incubation and Building Enterprises was conducted at Malabar Palace,

Kozhikode on 10th March, 2008 with the NITC

TBI, STED and VHSE. The program was

supported by DST, DSIR, Govt. of India. The

event emphasized the need to support genuine

entrepreneurs and Innovators from Rural Kerala

to transform their ideas into marketable products

and to incubate them in the Technology Business

Incubator and thereby drive the economic

growth of the country to newer heights. The workshop was inaugurated by Dr A S

Rao, Advisor, Department of Scientific & Industrial Research (DSIR), and

Government of India. The workshop had sessions on Relevance of Business

Incubation-Experience in establishing TBI in NIT Calicut, Establishing Business

Incubators and Building Enterprises through Business Incubators,

Entrepreneurship Development in Rural Areas and DSIR TePP funding.

A total of 150 participants from the various engineering colleges in the districts ofKazaragod, Kannur, Palakkad, Kozhikode and Malappuram, entrepreneurship

training faculties, innovators, entrepreneurs & facility managers in research and

academic institutions from the five districts attended

the day-long deliberations.

The programme opened up a meeting place for

successful entrepreneurs, business and technology

experts, students, and faculties, innovators to know

each other, to know the facilities offered by variousGovernment departments and to get acquainted with


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the Experts. The Innovators had one-to-one meetings with DSIR / DST officials and

other eminent personalities from which 16 project proposal was emerged and 9

projects were selected for final analysis and screening by Technology Angels of

Technopark TUC. Unlike in most such technoentrepreneurial workshops where

software-based projects hold sway, hardware-based and hardware-software fusion

projects garnered the most attention at Technopreneur-2008 in Kozhikode.

Technopark TBI at Technology Entrepreneurship Education Programme inBangalore

Technopark Technology Business Incubator (T-TBI)

is among the leading incubation business

promoters from all across India to attend the 2 Dayworkshop on Technology Entrepreneurship

Education- Theory and Practice, held at Intel India

Development Centre, Bangalore on December 13

and 14, 2007 jointly organized by the Department

of Science & Technology (DST), Govt. of India, Indo-US Science and Technology

Forum and UC-Berkeley, USA, the program involved

presentations, interfaces and discussions touching upon

all aspects of the theory and practice of Entrepreneurship

Education. Technopark TBI was represented at the 2-dayprogram by Sri K.C. Chandrasekharan Nair, CFO &

Programme Coordinator- New Initiatives.

TechTop 2007

TechTop 2007, a unique contest to identify,promote reward and nurture the innovative ideas

of engineering students across the country. Theevent, an initiative of Degree Controls Inc. of USAand supported by IEEE-Kerala Section, IBS, andExecutive Knowledge Lines Magazine, TechTop2007 was hosted and sponsored by Technopark

and the event was formally inaugurated by Dr. Ajay Kumar IAS, Secretary-IT,Kerala.

The All India Engineering Students project competition received project applications

from 10 states namely Andhra Pradesh, Delhi, Gujarath, Karnataka, Kerala,

Maharashtra, Punjab, Rajasthan, Tamilnadu and West Bengal were received. Thefinal round of Contest was held at Technopark, Trivandrum from 29th to 30th


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October 2007.18 projects are selected for the final contest to be held in October, 2007

and 5 projects were subject to modifications.

The first prize of Rs. One Lakh sponsored by Degree

Controls Inc. was won by Kongu Engineering College,

Perundurai, Erode for their project "AutomatedRationing for Public Distribution System".

The Second Prize of Rs.25,000 sponsored by IBS

Software Services Pvt. Ltd. was won by P.E.S College

of Engineering, Nagsenvana, Aurangabad for their project Aqua Silencer

The third prize of Rs.10,000 was won by Amal Jyothi College of Engineering,

Kanjirapally, Kottayam for their project "Intelligent Light Dimmer Systems for

Automobiles". This prize was also sponsored by Degree Controls Inc.

TechQuiz 2007

An interschool science and Technology Quiz competition

Tech Quiz 2007 was conducted in conjunction with the

All India Exhibition Tech Top 2007 for the High School &

Higher Secondary Students in Trivandrum.

St Thomas Residential School, Mukkola, won the firstprize comprising a trophy and Rs 4,000 in cash in the

`TechQuiz' programme conducted as part of the TECHTOP 2007 hosted by the

Technopark. Over 18 teams from 15 schools in the city participated in the event. The

Christ Nagar School won the second prize, while Loyola School and the Carmel Girls

High School clinched the third and fourth prizes.

A workshop on technology incubation activities of Technopark was also held on the

occasion. Mr R. C. Dutt, expert consultant on incubation activities, piloted the

session for the benefit of budding Tech entrepreneurs from different States.

IT-ITES Industry Academic Meet

IT-ITES Industry Academic Meet was inaugurated by Sri. V.S. Achuthandan,

Honble Chief Minister of Kerala, on September 13, 2007 in Travancore Hall,

Technopark. The program was organized by the National Association of Software &

Service Companies (NASSCOM) to explore ways and means to strengthen the

interaction and exchanges between the IT industry and the academic community, the
http://www.degreec.com/http://www.degreec.com/http://www.kongu.ac.in/http://www.ibsplc.com/http://www.ibsplc.com/http://www.pescoe.org/http://www.pescoe.org/http://www.amaljyothi.com/http://www.degreec.com/http://www.degreec.com/http://www.amaljyothi.com/http://www.pescoe.org/http://www.pescoe.org/http://www.pescoe.org/http://www.ibsplc.com/http://www.ibsplc.com/http://www.ibsplc.com/http://www.kongu.ac.in/http://www.degreec.com/http://www.degreec.com/http://www.degreec.com/


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one day meet was attended by the elite of

the academia and doyens of the industry

from various levels. Sri. Kiran

Karnik,President-NASSCOM delivered the

keynote address. Two sessions, one on

Fundamentals and the other on NASSCOM

Assessment Competency featured

presentation from Dr. R. Narayanan

(Advisor, GL&D, TCS),Sri. Srinivas Kasa (Satyam Computer Services), Dr. Sandhya

Chitala (Director, Ed. Initiatives, NASSCOM), Dr. K.R. Srivathsan (Director-IIITM-

K), Dr. Achuthsankar. S. Nair (University of Kerala) and Smt. Nina Nair, VP-24/7

Customer.

Training-cum- Orientation program for TUC Coordinators and Counsellors

The TePP Outreach Centre of the Indian Institute of Technology (IIT) Kanpur, one of

the countrys sterling institutions for

technical education, with the support

of the Department of Scientific &

Industrial Research (DSIR), Govt. of

India, organized a 2-day Training-

cum- Orientation program for TePP

Outreach Centre (TUC) Coordinators

and Counselors from all over India,

during July 30 and 31, 2007. Technopark CFO & Program Coordinator -New

Initiatives, Sri. K.C.C. Nair and Smt. Gita Gopalakrishnan delegated Technopark TBI

for the function. Sri. K.C.C. Nair and Smt. Gita Gopalakrishnan gave lucid

presentations on the Technopark story with special emphasis on the entrepreneurial

success models created in T-BIC with the active guidance of the CEO, Sri. N.

Radhakrishnan Nair and Advisor Sri. R.C. Dutt. The event was an eye-opener for uson the tremendous possibilities inherent in the idea of TePP and the immense

opportunities offered by DST and DSIR.

Technopark signed MoU with DSIR

With a view to give further thrust to TePP with a wider reach to the promising

Technopreneurs, an agreement of Memorandum of understanding (MoU) has been

signed between the DSIR, Govt. of India and Technopark, Trivandrum.


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As per the MoU, T-TUC (Technopark TePP Outreach Centre) would undertake all

measures to give adequate publicity and carry out

promotional activities for furtherance of the

operation of TePP Scheme in Kerala. Dr. A.S. Rao,

Advisor, DSIR signed the MoU on behalf of the

Department, with Mr.K.C.C. Nair (CFO & Program

Coordinator, New Initiatives) during the TePP

Training-Cum-Orientation Program in Kanpur.

Graduated Incubatees as on March 2003

The following members have graduated from the Incubator

1. Acco Bizware Pvt Ltd2. Adion Road Links Pvt Ltd3. Auto India.com4. Bigpond Technologies India Pvt Ltd5. Cepios6. Cell Technologies Pvt Ltd7. Digitera8. Digitella9. Dundas Software10.eZe Care Systems Pvt Ltd11.Geotrans Technologies Pvt Ltd12.Hages B Solutions Pvt Ltd13.I-Manager Learning Solutions Pvt Ltd14.Integrated Dynamic Solutions Pvt Ltd15.

Itraitz IT Solutions Pvt Ltd

16.Kerala Next.com17.Kreara Solutions Pvt Ltd18.MDI Datanet India Pvt Ltd19.Morning Paper Web Service Pvt Ltd20.Optibiz Software Technologies Pvt Ltd21.Optiwise Solutions Pvt Ltd22.Paragon Biomedical India Pvt Ltd23.Pivot Systems Pvt Ltd


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24.RNC BPOI25.RWDI Consulting Engineers & Scientists India Pvt Ltd26.Saturn Systemwares Pvt Ltd27.Spazio Tech28.Speridian Technologies Pvt Ltd29.SRC Software Pvt Limited30.Synthite Technologies31.Travancore Software Solutions Pvt Ltd32.Vinirma Consultancy33.Wins Infotek Pvt Ltd34.YSC Engineering Services Pvt Ltd

Incubatees in Operation at the close of the year

1. Advanced Media Technologies Pvt. Ltd (AMTECH)2. AR Software Solutions Pvt Ltd3. Aten India Software Solutions Pvt Ltd4. Cardinal Automated Business Solution Pvt Ltd5. Commrad Technology Pvt Ltd6. Divx Medical & Software Technologies P Lt7. EastEnd Health Care Solutions Pvt Ltd8. E-biz Consultancy Services Pvt Ltd9. Excel Students Tutoring Pvt. Ltd10.Grid Design Solutions Pvt Ltd11.Gridzone Software Solutions Pvt Ltd12.Light Logics Holography & Optics Pvt. Ltd.13.Leeds Technologies Pvt Ltd14.MobME Wireless Solutions Pvt Ltd ( Torque 360 Degrees Solutions )15.Velozeta Engineering Solutions P Ltd16.Mecampus Cyber Security & Technology Pvt Ld17.Navicare Solutions Pvt Ltd18.Novellsys Technologies Pvt Ltd19.

Prapty Data Solutions Pvt Ltd

20.Slashome Technologies Pvt Ltd


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21.Sooryakiran Bio Informatics Pvt Ltd22.Standout IT Solutions Pvt Ltd23.Sandblue Technologies Pvt Ltd

Details of Grant-in-aid Received from Government

Head of

account

Year of grant

allotted

Amount of

Grant-in-aid

(Rs.in Lakhs)

Amount

utilized

Year of

Utilisation

Capital 2007-08 100 2.47 2007-08

Recurring 2007-08 20 13.21 2007-08

Internal Auditors : Sridhar & Co

Statutory Auditors : Thomas Mathew & Co

Bankers : SBI Technopark Branch


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Park Centre, Technopark CampusTrivandrum 695 581,Kerala ,India

Ph: +91-471-2700222, Fax : +91-471-2700171Email : [email protected]

www.technoparktbi.org
mailto:[email protected]:[email protected]

final annual report_0708 t-tbi

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