Alliance University - Technical Business Incubator (AU - TBI)

Alliance University, a premier institution with a legacy of academic excellence, has established the Alliance University Technology Business Incubator (AU-TBI) to promote entrepreneurship and nurture innovative technology startups. AU-TBI aims to build a thriving startup ecosystem by empowering aspiring entrepreneurs from ideation to successful commercial launch.

Vision and Objectives:

AU-TBI's vision is to become a leading incubator that catalyzes technological innovations and fosters the growth of sustainable businesses with societal impact. The key objectives include:

• Inculcating an entrepreneurial mindset among students, faculty and community.
• Providing comprehensive support to transform ideas into market-ready products/services.
• Creating avenues for industry-academia collaboration and knowledge transfer.
• Contributing to the local and national startup landscape across diverse tech domains.
• Generating employment opportunities through successful venture creation.

Incubation Facilities and Support:

AU - TBI offers a multitude of facilities and support services to incubatees:

Pre-Incubation::

• Idea validation and feedback from domain experts
• Access to university's state-of-the-art labs, maker spaces and prototyping facilities
• Mentorship on product design, business modeling and pitching skills
• Assistance in intellectual property protection and commercialization roadmap

Incubation::

• Dedicated co-working spaces with high-speed internet, utilities and amenities
• Faculty, alumni and industry mentors to guide technology and business aspects
• Seed funding assistance through university/government grants, angel investors, VCs
• Legal, accounting and regulatory compliance guidance
• Corporate networking events and pitching opportunities
• Support for product testing, trials, and go-to-market strategies
• Library access and knowledge resources

Focus Areas:

• Information and Communication Technology (ICT): Mobile apps, cloud computing, cybersecurity
• Internet of Things (IoT): Smart devices, sensors, industrial automation
• Electronics System Design & Manufacturing (ESDM)
• Artificial Intelligence (AI) and Machine Learning
• Robotics and Unmanned Systems
• Emerging Areas: AR/VR, blockchain, quantum computing

Startup Process:

Both internal (students/faculty) and external entrepreneurs can apply to AU - TBI through:

• Idea/Business Plan Submission
• Screening by an expert panel
• Pitching and product demo
• Evaluation criteria: Innovation, Patentability, Technology Commercialization potential, Team, Scalability

Selected startups go through structured stages:

• Pre-incubation (6 months): Mentoring, prototyping support
• Incubation (18-24 months): Facilities, funding, business support
• Graduation and Partner Linkages: Facilitating investments, manufacturing, marketing