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Technology Business Incubation

RCOEM Technology Business Incubators (TBI) Foundation

(Center for Innovation, Entrepreneurship and Incubation)
Promoted by
Shri Ramdeobaba College of Engineering and Management, Nagpur

Supported by

The Institute is committed to develop a novel framework for sustainable business ecosystem to promote innovation and nurture entrepreneurship. To impart impetus to innovation eco system, the Institute has established “RCOEM Technology Business Incubators Foundation”, a section 8 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.

The Institute is also selected as a host institute for implementing ministry of MSME, GoI schemes:
  • i. MSME HI/BI Scheme:
  • ii. ASPIRE : “A Scheme Promoting Innovation, Rural Industry & Entrepreneurship”, Received funding of Rs. 39.25 Lakhs and created “RCOEM MSME ASPIRE Innovation and Product Design Centre” with Multi equipment Calibrator,3D Printer, Rapid PCB prototyping , 6.5 Digit DMM, arbitrary waveform function generator, Spectrum analyzer for Product Design, Development and Testing in Electrical & Electronics Product Design and Testing.

  • 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.

    • To build a strong eco-system for nurturing innovation and Startups in the region that will drive sustainable economic growth and employment
    • New 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 or industry and R&D institution of the country.
    • Interfacing and Networking: to provide networking between academia, industry and financial institution.
    • Value Addition: to provide value added services viz. legal, financial, technical, IPR, etc. to incubate.

    RCOEM TBI Incubation Support

    Physical infrastructure:
    • Fully furnished Office Space
    • Shared resources: Meeting rooms, Conference rooms
    • Office productivity equipment: Fax, Photocopier, Shredder, Scanner, Projector
    • Access to Innovation and Design Center and RCOEM Labs Equipment and software tools

    Funding Support:
    • Preincubation Phase: Rs. 3.00 lakhs
    • Incubation Phase : As per requirement
    • Facilitation for Government funding programs (*Subject to eligibility and selection process.)

    MSME HI/BI :
    • “Support for Entrepreneurial and Managerial Development of SMEs through Incubators”.
    • Max Support : Rs. 6.5 lakh.
    • Sector: Manufacturing and Process Industries

    ASPIRE :
    • A Scheme Promoting Innovation, Rural Industry & Entrepreneurship
    • Sector: Agriculture and allied
    • Max.Support : Rs. 4.0 lakh.

    Advisory and coaching:
    • Mentoring
    • Trainings and workshops
    • Free advisory from Experts- legal, CA, IP,CS.

    • Facilitation for business, professionals and expert network
    • Facilitation for investors network
    • Showcasing opportunities

    Ecosystem advantage:
    • Experiential learnings in incubator
    • RCOEM ecosystem- technical resources and interactions, students, library
    • Media visibility
    • Address for incorporation
    • RCOEM -TBI Foundation
    List of RCOEM TBI Startups
    Sr.No Company Name Details CEO/Founders
    1 Ira Industries
    MSME SSI Registration
    UAN: MH20A0025231 Seed Funding: Rs 5 Lakhs
    Manufacturing of patented paver blocks for low, medium and high traffic applications; Permeable Blocks for rain water harvesting Akshay Shirpurkar
    ( BE Civil 2017 )
    2 The Imperial Lubricants
    MSME SSI Registration
    UAN: MH20A0029430 Seed Funding: Rs 3 Lakhs
    Manufacturing of High Quality, Eco friendly and BS6 Norms compliant Lubricants Apurv Sanjay Dey
    ( B.E. Electronics-2020)
    3 Gear to Care
    MSME SSI Registration
    UAN: MH20D0073756 Seed Funding: Rs 3 Lakhs
    Two wheeler servicing and Four Wheelers washing on demand, door step solution Suraj Birthariya, Abhijeet Gupta,
    (B. E. Electronics - 2019)
    4 Somebuddy Techonologies LLP AAJ-8105 Seed Funding: Rs 5 Lakhs SaaS project management & resource sharing platform to help architects, interior designers and construction firm owners Tarun Rawat, Vaibhav Kaushik,
    Akshans Gupta ( B.E. Electronics-2016 )
    5 Alentar Electric LLP AAP-9182 Seed Funding: Rs 5 Lakhs Custom built or retrofit futuristic Electric bicycle for comfortable commute on Indian streets Ayush Mishra, (B.E. Electronics-2018 )
    Sajal Sahu ( B.E. Electrical -2018 )
    6 FoodForU
    CIN No: U74999MH2020PTC337971 Seed Funding: Rs 4 Lakhs
    Building a SAAS marketplace for food pre-booking service, useful for restaurant and provide the best and predictable food experience during travel. Piyush Chhawsaria (BE E&C 2021)
    CIN - U74999MH2019PTC334384
    SaaS platform for integration of all kinds of Industrial Testing Services Adwait Wankhede
    ( Geotech 2021)
    8 Mr. Soya
    MSME SSI Registration
    UAN: MH20A0089516 Seed Funding: Rs 2.5 Lakhs
    Delivery of a variety of soy products, to promote a lifestyle of health and sustainability Atul Pandit ( B.E. IT 2021)
    9 Myuz App
    Image and video editing entertainment Social Media Platform Satyam Gupta
    (MBA 2020)
    10 Happico India
    MSME SSI Registration
    UAN No.MH20D0057882 Seed Funding: Rs 3 Lakhs
    Manufacturer of Dark Belgian Chocolate Yash Pande
    ( VII Sem)and
    Sonal Bahilani
    ( VII Sem) of MBA(Integrated)
    11 CineVibes Photography Platform for photographers and AV professionals Mandar Mohite
    (B.E. IV Sem Electrical)
    12 Fameximpex Technologies Pvt. Ltd.
    CIN - U74999MH2018PTC314890
    Bio-Diesel Production from Waste cooking , refined, bleached, and deodorized (RBD) palm oil Rohan Bang
    (MBA 2020)
    13 On line, on demand school uniforms and accessories provider An aggregator SAAS platform for parents, manufactures, retailers and schools Hritik Jain
    ( B.E. IT 2021)
    14 Bamboo Shine Agriculture input supplies retail chain. Shubham Kartik Debnath
    (ELectronics 2021)
    15 Agrodia Enterprises LLP.
    LLP: AAT-6447
    Agritech Solution in Bamboo Plantation and Bamboo Livelihood Harshal Gunderao Thakare
    (MBA 2021)
    16 Qurioo Edusolutions Private Limited
    CIN - U80900MH2020PTC349706
    Ed-Tech platform for non-conventional career paths (Education Mid school children) Nikunj Chandak
    MEM (NU,USA) BE CSE 2017 Sujoy Bose BE Electronics 2017
    17 Upshot Global
    Shopack Licence : 105657611903
    B2B International market place Raunak Rakesh Singh
    (Industrial Engineering) 2018
    18 RCP Projects
    UAN No.: MH20D0071162
    Civil Engineering projects and solutions Poonam Gupta, (MTech Structures 2016)
    19 Million Magnificent IT Solutions UDYAM-MH-20-0027757 Digital Marketing and EdTech Monarch .A.Shukla First Year BE (Electrical) 2020-24 Batch
    20. Sigmatronics Innovation Pvt.Ltd UAN No: U72900MH2021PTC362954 Seed Funding: Rs 5 Lakhs Contactless Mask Winding Machine Siddhart Mishra (EDT-2016)
    21. Thirty More Chronicle Pvt. Ltd (Foster Reads) UAN No: U74999MH2021PTC366341 Mobile App and Social Media platform for readers and authors. Varun Chopra (IND – 2020)
    22. Empowr Club Pvt.Ltd UAN No: U74999MH2021PTC367956 Mobile App and Social Media platform for readers and authors. Mehr Kohli (ECE – VIII Semester)
    23. School of Outdoor Leadership UAN NO: U92419MP2021PTC058443 Experiential outdoor Based Education Sankit Jain (Electrical – 2017)

    Contact Us:

    RCOEM TBI Foundation,
    Administrative Building, 1st Floor,
    Shri Ramdeobaba College of Engineering & Management,
    Katol Road, Gittikhadan,

    Phone : (91)-(712)-2580011 ext: 5115
    Website –
    E-Mail :,