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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

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.

The Technology Incubation Centre at Shri Ramdeobaba College of Engineering & Management, Nagpur will assist you to realize your dreams as an entrepreneur by taking your ideas from concept to full Commercialization.

We endeavor to develop a novel framework for sustainable business ecosystem to promote innovation and nurture entrepreneurship.

  • 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.)

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

  • 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

Current Startups

Ira Industries, engaged in manufacturing patented modern building and paver blocks with novel concept that requires process modification in manufacturing with silica fume and fly-ash admixtures. The manufactured blocks are fit for low, medium and heavy traffic condition. The company also manufactures building blocks for compound walls, emergency shelters and Permeable Blocks.

CEO: Mr. Akshay Shirpurkar ( B.E. Civil)

The Imperial Lubricants : A startup engaged in manufacturing Multipurpose Grease, a Low cost substitute for Import Quality branded grease. The startup aims at improvement in consistency, density, quality, drop point and other properties for varied applications.
CEO: Mr. Apurv Dey ( III year B.E. Electronics)

Somebuddy is a ITES platform to address construction related issues. It is a platform where one can find experienced contractors, material suppliers and service providers from architects to interior designers and compare quotations, reviews necessary to make a right decision.
Team : Mr. Vaibhav Kaushik, Mr. Akshans Gupta and Mr.Tarun Rawat ( B.E. Electronics )

Doorstep one-stop solution for servicing, repair and insurance renewal services for two wheelers.
Team : Mr.Suraj Birthariya( IV Year B.E. EN) , Mr. Abhijeet Gupta (IV year B.E EN) and Mr. Lokesh Chanchlani ( IV Year B.E. IT)

How to apply

RCOEM TBI Foundation invites applications from students, alumni, potential technology start-ups and existing companies to incubate their own ideas and technologies with our support. To apply :
  • Step 1: Download the application form from or submit your idea through Incubation Cell link
  • Step 2: Submit form along with the incubation proposal including objectives and business plan for the proposed venture.
  • Step 3: The application is assessed by an expert committee through Business Plan presentation and interaction with team member.
  • Step 4: Agreement signing and admission to RCOEM TBI Foundation.
For more details and support visit

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 :,