ABOUT RCOEM-TBI
RCOEM TBI Foundation, a section 8 company registered under section 7 of the Companies Act, 2013 established at RCOEM to give momentum to innovation, entrepreneurship and incubation support related activities. It is a flagship initiative of the institute, intended to build a strong eco-system for nurturing innovation and startups in the region that will drive sustainable economic growth and generate employment opportunities. To impart impetus to innovation eco system, the Institute has established “RCOEM Technology Business Incubators Foundation”, a section 8z company in Dec 2016. The institute has established “Center for Invention, Innovation, Incubation & Training (CIIIT)” in 2019 ; estimated cost Rs. 23.50 Cr with Tata Technologies for promoting technology based startups. The center provides tools ,technology and services support for Design and Engineering, Virtual Verification and Analysis and Product Lifecycle Management.
To foster eco system for innovation, the RCOEM TBI emphasizes on inculcating students for entrepreneurial process, year around conduction of Entrepreneurship Development Programs, Design Thinking, Ideation Workshops, Pitch Your Idea, Business Plan Competitions, Transpreneur, ChangeMakers etc. More than 50 programs have been organized in last two years. Through RCOEM TBI Foundation, dedicated faculty and alumni groups provide all necessary support for new venture creation, product development, technology commercialization, seed funding, networking and value added support services. Providing courses on Creativity and Innovation, Innovation and Entrepreneurship in association with Industry Mentors. The Institute has provided a seed funding of Rs. 30 Lakhs to 09 startups in last 03 years . The institute provides six months RCOEM TBI Foundation Startup Internship Scheme to all the final semester students. The above scheme is utilized by 10 students in last 03 years and resulted in 04 startups and 02 business establishments. The RCOEM TBI is incubating 18 ideas and 07 start-ups have entered in commercialization phase.
OUR MISSION
Our Objectives
Eco-System
Nurturing innovation and Startups in the region that will drive sustainable economic growth and employment.
Venture Creation
To inculcate entrepreneurship and new venture creation based on innovative technology.
Technology Commercialization
To provide a platform for speedy Commercialization of technologies developed in the host institution.
Interfacing
To provide interfacing between academia, industry and financial institution.
Networking
To provide networking between academia, industry and financial institution.
Value Addition
To provide value added services viz. legal, financial, technical, IPR, etc.
Ecosystem Partners
Strong ecosystem partners are pivotal in enriching our incubator’s network, fostering collaboration, and amplifying opportunities for mutual growth and innovation. By cultivating robust relationships with ecosystem partners, we enhance support networks, access expertise, and broaden opportunities for success and impact.
Our Grant & Funding Partners
We have partnered with grants and funding agencies so as to provide essential financial support and resources to budding startups, enabling them to innovate, grow, and achieve long-term sustainability.
HOW WE DO
RCOEM TBI Company Board
RCOEM TBI is a section 8 company having its board members from diverse fields bringing vast experience and expertise to the table.
| COMPOSITION OF THE BOARD | ||
| 1 | Satyanarayan Nandlal Nuwal - Director (Industrialist) | |
| 2 | Shyamsunder Fatehlalji Rathi – Director & CEO (Business Professional) | |
| 3 | Chandrakant Jaydevshankar Thakar - Director (Business Professional) | |
| 4 | Rajendra Banwarilal Purohit - Director (Business Professional) | |
| 5 | Kailashchandra Bisesarlal Agrawal - Director (Business Professional) | |
| 6 | Ashokkumar Banwarilal Pacheriwala - Director (Business Professional) | |
| 7 | Pradeep Babulal Agrawal - Director (Business Professional) | |
| 8 | Rajendra Mukundarao Patrikar - Director (Academician) | |
| 9 | Shashikant Eknath Chaudhary - Director (Business Professional & Investor) | |
| 10 | Rajesh Suresh Pande - Director (Academician) | |
| 11 | Rupesh Shyam Pais - Director (Academician) | |
Out team
Dr. Rupesh Pais
Director and Dean
(Entrepreneurship, Innovation Startup & Incubation)
Dr. Richa Khandelwal
Associate Dean
(Entrepreneurship, Innovation Startup & Incubation)
Prashant Umbarkar
Manager
RCOEM TBI Foundation