Amrita Vishwa Vidyapeetham’s Technology Business Incubator (TBI) has won the National Award for being the best Technology Business Incubator in the country from the Department of Science and Technology, Government of India, on 11th May 2017 at Vigyan Bhavan, New Delhi.
Amrita TBI is one of the only six incubators selected to be made world-class under NITI Aayog’s Atal Innovation Mission (AIM). According to NITI Aayog CEO Amitabh Kant, the objective is to transform the startup ecosystem in India by providing financial scale-up support to these six “rarest of the rare” incubators and upgrade them to global standards. Each of these will receive $1.4 Mn (INR 10 crore) over a span of two years to provide state-of-the-art facilities to the incubated startups.