Business Incubator Annual Report by stn15026

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									Annual Report 2007-08

  “Spreading the Spirit of Innovation & Entrepreneurship”
Chairman’s message

Technopark-TBI is the first Business Incubator which has been operating successfully in
Technopark. Technopark is the largest and greenest technology park of the Country with
world class IT infrastructure facilities in a resort like environment. T-TBI‟s primary goal has
been identifying and promoting innovation, entrepreneurship and employment through
business incubation activity. With the leadership of committed business experts and with the
co-operation of dedicated employees, support of Department of Science & Technology (DST)
and networking with Universities and premier academic institutions of the state T-TBI has
made significant strides. The T-TBI is acting as a platform for the new and innovative
entrepreneurs to develop their ideas into products and services and build businesses out of
them. Technopark has launched several other complementary initiatives like Technopark
Business Incubation Centre (TBIC), National Centre for Innovation, Incubation and
Entrepreneurship (NCIIE), Technopark- TePP Outreach Centre (T-TUC) and Technopark
Software Engineering Competency Centre (TSECC) to create an eco system that nurtures and
supports entrepreneurs.

Unlike other business incubators, Technopark-TBI is unique in itself because of its novelty in
spreading techno-entrepreneurship among the students and innovators. Technopark TBI is the
pioneer in introducing and organizing various programmes like Technopreneur workshops,
Entrepreneurship Awareness Camps, Entrepreneurship Development Programmes, residential
Faculty Development Programmes, Bar camps, Boot camps, One-to-one and panel
discussions, Software Engineering workshops, online mentoring and networking, TechTop
the all India student project competition with highest prize money, Engineering students‟
project exhibitions, Entrepreneurship Development Cells, TBI Extension Centres, Virtual
Incubation and Pre-incubation facilities. Besides, Technopark TBI is financially supporting
the „budding Technopreneur‟ through Seed Support System and molding them technically to
become successful entrepreneurs. It is a matter of pride that Technopark-TBI bagged the
National Award for the Best Technology Business Incubator in India for the year 2007. The
inspiration given by Technopark-TBI to the society in creating an entrepreneurship culture
among the student community as well as creating employment „generators‟ in the College
campuses is highly

significant. It is indeed a great pleasure to see that the services rendered by Technopark TBI
in promoting technopreneurship is triggering the industrial and economic regeneration in the
State of Kerala.

We wish to place on record our gratitude to the various agencies of Govt of India and the
Govt of Kerala and the multitude of institutions and individuals supporting us in this great
initiative. Let me also wish the dedicated team in Technopark greater success in future.

N.Radhakrishnan Nair

Secretary’s Message

“ I have seen and interacted with thousands of students, but this is the first time a group of
students have come up to me and told me that they dreamed to be job creators and not job
seekers. This is a very fascinating and happy moment for me to see the changes that students
are trying to bring in to our country”, said Dr.APJ Abdul Kalam, when he met the founding
team of Torque Technology Solutions, the first students incubated company in Technopark-
Technology Business Incubator, Kerala.

Technopark launched the        Business Incubation programmes, “Technopark Business
Incubation Centre (T-BIC)” in the year 2002 with Government of Kerala support.

Technopark has started Technology business incubator in 2007 and in no time it became one
of the best technology business incubators in the country. Technopark Technology Business
Incubator (T-TBI) is a joint initiative of Technopark, Trivandrum and the Department of
Science and Technology (DST), Government of India. T-TBI is registered as a Society on 7th
June 2006 under Travancore-Cochin Literary, Scientific and Charitable Societies Registration
Act XII of 1955. Our efforts got recognised when Technopark Technology Business
Incubator got DST support on 1st April 2007.

T-TBI has phased its activities to maintain the status of a Regional TBI in the state with
extensive networking among all Engineering Colleges and Management Institutes in the state
in association with Higher Education Department & Directorate of Technical Education,
Govt of Kerala. The State Government recognized Technopark as a Centre of Excellence for
this purpose.

T-TBI has been giving admission to technology development and product based companies to
become successful business enterprises. T-TBI also extends mentoring services through
various technology and management experts who are proficient in guiding the Incubatees. T-
TBI provide Incubatees with necessary infrastructure support, technology/ prototype
development support, research assistance, help in getting VC funding and Seed Support,
mentoring & business consulting assistance and do whatever is necessary to make the start-up
a success.

T-TBI is providing a 10,000 sq. ft fully furnished office modules of sizes ranging from 150
sq. ft to 300 sq. ft. with plug and play facilities to house the incubation companies. Another
2000 sq. ft. of this space is set aside for Incubator office, Laboratory, Library etc. and is used
as training rooms and faculty offices. As a part of the expansion plan, 5000 sq. ft space has
been furnished in Tejaswini building with latest infrastructure and networking facilities. The
new office modules have been designed with a built up size of 300 sq. ft to 400 sq. ft with
centralized air conditioning and failsafe supporting facilities at a reasonable cost for
successfully setting up their ICT office units in capital city of Kerala.
Technopark was successful in admitting 12 new companies and generating employment for
more than 250 people through its incubation programmes in the year 2007-08. About 23
companies have been functioning in the incubator facility with varied business in IT & ITES
sectors. Unlike previous years, this year Technopark-TBI could admit business ventures from
niche areas like Optical Holography, Bio Informatics, Embedded & Hardware Systems, and
Medical Electronics, e-learning business portals and ERP business solutions. The companies
were given expert mentoring and counseling before starting their start up ventures in the T-
TBI. It is a matter of delight that no companies functioning in the incubation were dropped
out during the last year; which made up a success rate of 100%, with the capacity utilization
of the installed facilities of 95%. This is really a creditable achievement in the country. As on
March 31, 2008, TBIC and T-TBI together have incubated 62 start-up companies.

Technopark is one of the Outreach Centres (T-TUC) of DSIR (Department of Scientific and
Industrial Research) for the selection and evaluation of genuine Innovators and Entrepreneurs
in the Country. DSIR has recognised Technopark as their TUC during 2007 and in short span
of time two of our Incubatees were sanctioned sizable TePP funding in 2007-08. Mr. Sanjay
Vijaykumar ,CEO of TORQUE Pvt Ltd, an engineering college student start up and incubatee
of T-TBI was sanctioned a TePP grant of Rs.8.00 lakhs for his innovation „Mobile Crime and
Accident Reporting Platform( M-CARP)‟. Another student entrepreneur and incubate of T-
TBI Mr.Aaron Joseph George from Velozeta Engineering Solutions P Ltd also got TePP
funding of Rs.12 lakhs for his innovation „Six Stroke Engine‟. Another innovator
Dr.P.T.Ajith Kumar, CEO of Light Logics Holography & Optics Pvt Ltd was sanctioned a
TePP funding of Rs.14.50lakhs for his project “ Development and Optimization of a
Holographic Pulsed Portrait Camera System”. This seed funding helped these innovators to
kick start their product development and commercialization activities. T-TUC has been
maintaining a panel of technical experts called the “Technology Angels” from various parts
of South India, who are willing to assist these innovators in need basis. So far, T-TUC is
having about 35 Technology Angels who are specialized in areas of physics, automobile,
mechanical engineering, biomedical, bioinformatics, chemical engineering, computer science,
electrical and electronics engineering, cryogenic engineering, dentistry, energy management,
entomology, geology, food science, marine technology, medical electronics, metallurgy,
power electronics, oncology, ship technology and zoology.

During this year, Technopark-TBI has participated in 2 day national workshop on
Technology Entrepreneurship Education- Theory and Practice, held at Intel India
Development Centre, in Bangalore on December 13 and 14, 2007.The programme was jointly
organized by the Department of Science and Technology (DST), Govt.of India, Indo-US
Science and Technology Forum and UC-Berkely, USA.

Technopark in association with Degree Controls Inc. of USA and with the support of IEEE-
Kerala Section, IBS and Executive Knowledge Lines Magazine successfully organized
TechTop 2007, an All India Level Engineering Students Project Exhibition. This Contest
opened up the avenues for Engineering Student from various states to demonstrate their
innovative idea with a working model. Tech Top is one of the most sought after technical
competition for engineering students with a prize money of Rs.1,00,000/-.The event was
formally inaugurated by Dr.Ajay Kumar IAS, Secretary –IT, Kerala. About 70 Applications
from 10 states namely Andhra Pradesh, Delhi, Gujarath, Karnataka, Kerala, Maharashtra,
Punjab, Rajasthan, Tamil Nadu and West Bengal were received , out of which 18 projects
were selected for the final contest that held on October, 2007. TechTop 2007 exhibition held

in park centre attracted quite a number of visitors; most of them were students from various
engineering colleges in the city and employees of Technopark companies.

Technopark-TBI added one more golden feather to its crown by hosting the Second Annual
Conference of ISBA, the Indian STEPS (Science & Technology Entrepreneur Parks) and
Business Incubators Association, from 31st January to 2nd February 2008. Besides members
of ISBA, the participants at the 3 day event included delegates from International science
parks and business incubators, financial institutions, venture capitalists, angel investors,
business consultants, R& D institutions and academia. The event commenced with
Preconference workshop “Technopreneur 2008” on January 29 and 30. The National
Advisory Council (NAC) Meet, TePP National Meet, 85th TePP Screening Committee
Meeting and Technology Angels Meeting were conducted concurrently with ISBA 2008. The
Events saw the convergence of a large number of distinguished personalities to Technopark,
Trivandrum, from within the country as well as from outside, including delegates from the
different arms of the World Bank like infoDev and the Asian Association of Business
Incubators (AABI). We have received a very good appreciation from the participants and
received a lot of TBI enquiries from innovators, students and prospective entrepreneurs.

Technopark successfully organized the first follow up of Technopreneur 2008, a one day
workshop on „Promoting Technology Business Incubation and Building Enterprises‟ at
Malabar Palace, Kozhikode on 10th March, 2008 with NITC TBI, STED and VHSE. The
program was supported by DST, TIFAC & DSIR, Govt. of India and STED, NIT TBI.

One of the greatest achievements of T-TBI during the year was that we bagged the
prestigious National Award for the Best Technology Business Incubator in the Country for
the year 2007, for playing a key role in promoting the entrepreneurial culture in the Country.
The award is instituted by the Department of Science and Technology, Govt. of India, for
encouraging and recognizing the business incubation activity. Former President and
renowned scientist Dr.APJ Abdul Kalam presented the National Award which was received
by T-TBI Chairman, Mr. N. Radhakrishnan Nair along with me at a glittering ceremony held
in New Delhi.

T-TBI had a lot of achievements and challenges during last year. The motivation and the
team spirit we gained through the past experience give us confidence in accomplishing our
goal of promoting the spirit of innovation and entrepreneurship nationwide.

K C Chandrasekharan Nair
Secretary Cum Registrar

Technopark-Technology Business Incubator (T-TBI) has been inspiring the young
talents of Kerala to transform themselves into „Job Creators‟ rather than „Job
Seekers‟. It motivates to transform their Innovations into commercial products and
guide and nurture them to emerge as successful entrepreneurs. Technopark being
the first and greenest IT Park in the country proved to have provided the most
conducive working environment for a Technology Business Incubator to developing
in-house entrepreneurs by supporting their innovations through incubation.
Technopark Technology Business Incubator (T-TBI) is a joint initiative of
Technopark, Trivandrum and the Department of Science and Technology (DST),
Government of India. T-TBI is a registered as a Society on 7th June 2006 under
Travancore-Cochin Literary, Scientific and Charitable Societies Registration Act
Number XII of 1955.
                                              Technopark, Trivandrum has been a
                                              pioneer in utilizing the advancements
                                              in the field of Information Technology
                                              for bringing economic prosperity to
                                              the State of Kerala, located in the
                                              southern tip of India. Technopark-TBI
                                              is spearheading the Entrepreneur
                                              Development activities by identifying
                                              and nurturing the young talents in the
                                              Engineering Colleges and Technical
                                              Institutes in the locality. Technopark
                                              launched the Technopark Technology
                                              Business Incubator (T-TBI) in the year
                                              2005 and has started its operation
                                              during 2006 as a Regional TBI with
                                              extensive networking among all the
                                              Engineering          Colleges      and
                                              Management Institutes in the state in
                                              Association with Higher Education
Department & Directorate of Technical Education, Govt of Kerala. T-TBI has been
instrumental in spreading the spirit of Innovation, Incubation and Entrepreneurship
among the smart young talents residing in the campuses of Kerala.
Typically, T-TBI provide entrepreneurs with necessary infrastructure support,
technology/ prototype development support, research assistance, help in getting
funding, mentoring & business consulting assistance and do whatever is necessary
to make the start-up a success. Technopark TBI promotes Enterprise and
Entrepreneurship Development through several value enhancement services like
assistance and advices to Legal, Financial, Tax Planning, research and development
activities, creating networks among eminent resource persons and introducing
Venture Capitalists, IPR Issues, thus carrying out high end technology
So far the Incubation initiatives of Technopark through T-BIC & T-TBI has assisted
62 start-up companies. Out of this, 34 companies have graduated and moved into

larger space in the Campus and 23 are still continuing their operation in the
incubator. Altogether, these companies have created 2000 job opportunities thus
yielding a success rate of almost 95% that indeed a creditable achievement to the
T-TBI is a member of the Indian Science & Technology Entrepreneurs Park and
Business Incubators Association (ISBA) and is actively supported by Department of
science and Technology (DST), Department of Scientific and Industrial Research
(DSIR)/ Technology Information Forecasting and Assessment Council (TIFAC),
Government of India.


To become the best Technology Business Incubator in the Asia Pacific region by
identifying and promoting the potential innovators and entrepreneurial talents all
over the region and to bring excellence to the technology and knowledge-driven
business startups in their early-stages itself, through technology and business
incubation , there by enhancing the culture and climate of technopreneurship in the


      To make T-TBI a Centre of Excellence for Entrepreneurship development and
      a leading R & D centre for the commercialization of Innovative Technologies.
      Provide infrastructure, management assistance, financial resources, and
      support networks that enable new and emerging companies to succeed and
      prosper creating value-added jobs for the region through the
      commercialization of technology.
      Spot and support the launch, growth, stabilization and long-term success of
      the incubator companies.
      To create, regulate and sustain a globally competitive entrepreneur friendly
      An appropriate tool for the economic development by promoting
      technology/ knowledge-based home grown companies , culture of
      Technopreneurship for creating Job Providers.


T-TBI works to achieve the following objectives.
   -   Identify entrepreneurial talents
   -   Promote an entrepreneurial culture in Kerala
   -   Assist the entrepreneurs to build technology-based enterprises.
   -   Introduce entrepreneurial skills to the students of Technical Institutions.
   -   Address the technology based entrepreneurship development requirements
       in the traditional sectors of Kerala
   -   Train the entrepreneurs in technology and business management.
   -   Build appropriate training programmes suitable for Kerala‟s socio-economic
   -   Identify market niche for technology products and services to be addressed
       by entrepreneurs.
   -   Interfacing and networking among academic, R&D institutions, industries
       and financial institutions
   -   Undertake Research & Development activities and build a workable model of
       technology based Entrepreneurship in Kerala.
   -   Establishing a platform for speedy commercialization of the technologies
       developed in the institutes to reach the end-users


T-TBI is committed to promote and encourage Innovation, Incubation and
Entrepreneurship by providing quality environment including quality infrastructure,
mentoring and all support services essential for budding entrepreneurs thereby
fostering a globally competitive entrepreneur friendly environment through
networking with the academia, government and industry by continual improvement
of business activities.


T-TBI is having thrust areas in Information and Communication Technologies
        Computer Software
        Computer Hardware
        Computer Based Services
        Information Technology
        IT Enabled Services


  Chairman of BOG - N.Radhakrishnan Nair, CEO, Technopark
  1. Mr.H.K.Mittal, Advisor, DST, Govt of India
  2. Mr.C.S.Rajan- Dy.General Manager, SIDBI.
  3. Mr.Krishnamoorthy, General Manager, KSIDC
  4. Dr.K.R.Srivatsan,Director ,IIITMK, Technopark, Trivandrum
  5. Mr.Muralee Gopalan , Executive Director, TiE, Kerala
  6. Mr.Sanjay Vijayakumar, CEO, MobME Wireless Solutions (P) Ltd
  7. Mr.Simon Zacharia, Director- Broadcast & Communication group,CDAC
  8. Dr.Dinesh Awasthi, Director, EDII Ahmedabad
  9. Mr.K.C.Chandrasekharan Nair, Secretary cum Registrar, T-TBI


  1. Mr.N.Radhakrishnan Nair, CEO, Technopark - Chairman
  2. Mr.K.C.Chandrasekharan Nair, CFO, Technopark - Secretary cum Registrar
  3. Mr.K.Ramachandran, DGM(Personnel & Admin),Technopark – Treasurer
  4. Mr.M.Vasudevan,Senior Manager(BD), Technopark – Joint Secretary
  5. Mr.R.C.Dutt, Expert Consultant & Advisor, Incubation Activities, Technopark-member
  6. Mr.K.V.Rajendran, GM(Technical),Technopark - Member
  7. Director, T-TBI - Member

Sl. Name                    Designation         Educational Duties &
No.                                             Qualification Responsibility
1    N.Radhakrishnan Nair   Chairman ,T-TBI     B.Tech, MBA General
                            (CEO, Technopark)
2    K.C.Chandrasekharan    Secretary cum       Mcom,MBA      General
     Nair                   Registrar,TTBI                    Administration
                            CFO,Technopark                    Finance &
3    K.V.Rajendran          GM, Technical       B.Tech,MBA    Charge of Lab
                                                              & Other
3    Ramesh.C. Dutt         Expert Consultant   M. Engg.      Project
                            & Advisor           MBA           Guidance &
3    Mary Thomas            Technical Officer   B.Tech, MBA Purchase&
4    Sreejith.S             Technical Officer   B.Tech, MBA Marketing ,
                                                            Training &
5    Surya Thankam.S        Technical Officer   B.Tech, MBA Administration
                                                            & License


Technopark Business Incubation Centre (TBIC)
                                           T-BIC started as an initiative of
                                           Technopark in 2002, supported by
                                           Government of Kerala, institutionalized
                                           for incubating Business Ventures, which
                                           are spinning out of the campus and
                                           companies from within and outside the
                                           country. TBIC is a proven model of
                                           Business Incubation that offers congenial
                                           environment for an enterprise to grow
                                           during their start up phase so as to
                                           generate successful global ventures. T-
                                           BIC provides ready to move in, plug and
play facilities for
start up companies. Essential operational support services such as security, reception
service, telephone operator service, photo copying etc. are offered by Technopark as
part of the package. In addition, necessary business support services including
business consulting, mentoring and advisory services, right from the stage of
company formation, are also provided. This enables the entrepreneur to build up the
enterprise at the required international standards.

National Centre for Innovation, Incubation and Entrepreneurship (NCIIE)

NCIIE is a learning platform for innovators and entrepreneurs in developing
appropriate entrepreneurship models suited to the socio-economic and cultural
environment of the state. NCIIE, being a part of the Technopark-Technology
Business Incubator, has been conducting courses and seminars on Entrepreneurship
Development for innovators, engineering and management students. NCIIE is also
organizing various residential and non-residential Faculty Development
Programmes (FDPs) with the support from TEQUIP (Technical Education Quality
Improvement Programme) of the State Government and DST.
                                   NCIIE is a joint association between Indian
                                   Institute  of Information technology and
                                   management-Kerala          (IIITM-K)         and
                                   Entrepreneurship Development institute of India
(EDII) with the support of National Science and Technology Entrepreneurship
Development Board (NSTEDB), Department of Science & Technology, Govt. of
India. NCIIE assists potential entrepreneurs to take up entrepreneurship in the area
of Information and Computer Technology (ICT).

Technopark Software Engineering Competency Centre (TSECC)

TSECC is a software testing facility set up by Technopark jointly with Rational
Software to provide high end software testing tool facility that is unaffordable for a
business startup and Micro Small and Medium Enterprises (MSMEs) in their early
stages. The uniqueness of this joint initiative is that easy access to Rational tools will
be complemented by Rational certified professionals at TSECC who facilitate
acquisition of new skills by the target audience.
                                   TSECC facilitates bridging the gap between
                                  theoretical learning and practical implementation of
                                  best practices of software development through
                                  Rational‟s software engineering tools. Rational
                                  India provides the entire library of rational tools,
                                  solution samples, product demos, white papers and
                                  other necessary collateral. TSECC holds rational
                                  Certified professionals who handhold and provide
                                  guidance to visitors coming to centre, and as such
responsible for the operation of the centre ensuring customer satisfaction.
TSECC target primarily at small and medium software development companies, the
student and academic/research community, as well as new IT entrepreneurs in
Kerala. The centre guides software development companies on how to build
software engineering into the software development process. For a prospective
entrepreneur, it serves as a first level information center on managing a successful
venture in software development implementing cutting edge software engineering
principles. TSECC uniquely enables industry, particularly freshly incubated units, to
improve the quality of their offerings and reduce cost of software development. It
also enables the creation of a ready pool of technical personnel familiar with the
latest software engineering concepts and tools.


After the successful development of prototypes, the innovators and entrepreneurs
                           are given the opportunity to exhibit their products in the
                           exhibition space called TECHNOLAND. This is useful for
                           innovators and entrepreneurs in the marketing of their
                           products as well as attracting
                           potential investment. The large
                           number of visitors and clients from
                           different parts of the world coming to
Technopark also visit the exhibition area. Students from Colleges
and Schools come to Technopark regularly and get an
opportunity to see the work of innovators in the exhibition area.

Technopark TePP Outreach Centre (T-TUC)

Technopark is one of the Outreach Centres of DSIR (T-TUC) for selection and
                                   evaluation     of   genuine      Innovators   and
                                   Entrepreneurs in the Country. DSIR has
                                   recognised Technopark as their Outreach Centre
                                   during 2007 In a short span of time more than a
                                   dozen Innovators were sanctioned sizable TePP
                                   funding through T-TUC. Our Incubatees in T-TBI
                                   like Torque, Light logics, also got sizable TePP
                                   funding .This seed funding helps these incubatees
                                   to kick start their product development and
                                   commercialization activities. Technopark-TUC has
                                   been providing relentless guidance and support to
the innovators in preparing their project proposal and in building up a realistic
business plan for their venture. T-TUC selects and evaluates genuine innovators
and entrepreneurs and helps them in getting the financial assistance from DSIR, GoI
for converting their innovative ideas into quality products and commercializing it.

T-TBI Extension Centres

Extension Centres of T-TBI are set up in the Engineering Colleges and B Schools
across the state of Kerala. This is done with the active support of
the management, faculty and students of the Engineering
Colleges & Management Schools. The start up company becomes
the „Virtual Incubatee‟ of Technopark-TBI and the EDC of the
College will host the Extension Centre of T-TBI.
The infrastructure and R & D facilities for this are offered by the
college Entrepreneurship Development Cell (EDC) and other
support facilities shall be extended by the Technopark-TBI

Virtual Incubation
Another very innovative concept of incubation initiative practiced by Technopark
                              TBI is the „Virtual Incubation‟ in which the start up
                              company, whether it be a student venture or a start
                              up entrepreneur who hires a space for the operation
                              of his company outside T-TBI Extension Centres or
                              T-TBI premises .Technopark TBI evaluates the
                              business plan of the company for business &
                              technology feasibility and selects the start up
company as a Virtual Incubatee and provides total support and expert advise and
networking oppurtunities needed to create enterprises

Technopark TBI provides Pre-incubation facilities to premature entrepreneurs as
                well as students who wish to launch their Technology ventures
                through Technopark-TBI. Necessary training for the preparation
                of business plans, and designing of the innovative ideas are
                provided to them in the pre-incubation stage. The period of pre-
                incubation is maximum six months, after which, they shall be
                evaluated by the expert committee for getting admitted into the
                incubation space.

Entrepreneurship Development Cells (EDC)

Technopark TBI is acting as a Regional TBI and is avidly helping the Engineering
colleges and B Schools in the state in setting up Entrepreneurship Development Cells
in their campus. The regional TBI is acting as a catalyst to spread the message of
Innovation, Incubation and Entrepreneurship though out the region and thus setting
up an entrepreneurial eco system in Kerala. Technopark TBI is networked with all
the Engineering Colleges, Science & Technical Institutions and B-Schools in the state
and helping them to form Entrepreneurship Development Cells (EDCs) in the
colleges and helps them in transforming the EDCs into Technology Business
Incubator later. The EDCs formed in the accredited Institutions will get funding
support from DST which is channeled through Technopark TBI.


T-TBI has been very proactive in organizing Entrepreneurship Awareness Camps
(EAC) Entrepreneurship Development Programmes (EDP) and Faculty
Development Programmes (FDP) in many parts of the state in association with State
level Entrepreneurship Institutes like STED (Kerala State Science & Technology
Entrepreneurship Development), KIED (Kerala Institute of Entrepreneurship
Development), TiE Kerala, Cochin University of Science and Technology (CUSAT)

ISBA 2008: Celebrating the surge of Business Incubation nation-wide

                                          The Second Annual Conference of Indian
                                          STEPs     (Science     &     Technology
                                          Entrepreneurs’ Parks) and Business
                                          Incubators Association - the ISBA 2008
                                          was conducted at Technopark from
                                          January 30th to February 1st, 2008. The
                                          events saw the convergence of a large
                                          number of distinguished personalities to
                                          Technopark, Trivandrum, from within
the country as well as from outside, including delegates from the different arms of
the World Bank. It has brought accolades to Technopark from many people around
the country and also from agencies like the World Bank, infoDev and the Asian
Association of Business Incubators.
The event was aimed at emphasizing the need to promote business incubation, and
thereby driving the economic growth of India to a higher plane. The theme of ISBA
2008 was Global leadership through innovation, incubation and Entrepreneurship.
The 3-day conference formed part of ISBA 2008, incorporating various events of
national importance in its agenda. Being one of the active Technology Business
Incubators (TBI) in India, Technopark was chosen as the venue of this prestigious

international conference and was awarded the privilege of hosting the cluster of
events. The conference was attended by about 250 participants from various TBIs in
India, representatives of Infodev (World Bank division), Asian Association of
Business Incubators, and most of the top officials of the Department of Science &
Technology (DST), Government of India.

The photograph at the close of ISBA 2008


                         The STEP TBI National Advisory Committee, functioning
                         under the Dept. of Science & Technology, Govt. of India,
                         held its meeting in Park Centre on 30 and 31st Jan, 2008.
                         Most of the members of the NAC were present. The first
                         day was for evaluating the new TBIs and the second day
was for assessing the performance of existing TBIs. On the 2nd day, T-TBI presented
its annual performance report and the Committee unanimously declared
Technopark TBI as the best in the country.

85th TePP Screening Committee Meeting

                               The 85th meeting of the TePP Screening Committee
                              (TSC) was held in Park Centre on 6th February
                              2008. Many entrepreneurs presented their project
                              proposals before the
                              TSC, including three
                              from Technopark TUC,
                              namely Light Logic
Holography, Sooryakiran Bioinformatics and Divx
Medical Equipments, all three operating from the
Technopark Technology Business Incubator.

Technopark TUC Technology Angels meet

                                        TePP Technology Angels of Technopark
                                        TUC converged in Park Centre on February
                                        7, 2008, for a discussion with the DSIR top
                                        team led by Dr. A.S. Rao, Advisor, DSIR on
                                        methods of evaluation of proposals. The
                                        officials of TePP, TIFAC (Technology
                                        Information, Forecasting and Assessment
                                        Council), along with Prof. C. Amarnath,
                                        Chairman, TSC were present. The leading
Experts in Trivandrum like Dr. V.K. Damodaran, former Chairman-STEC, Govt. of
Kerala, Mr. N.T. Nair, Chairman IEEE India Council, Dr. Achuthsankar.S.Nair,
Head, Bioinformatics Centre, University of Kerala, Professors from CET and SCTCE,

scientists from VSSC, LPSC, RGCB, NIIST and CDAC were also present in the
meeting. The event marked the get together of eminent experts in the country who
discussed the various ways to supplement the entrepreneurship efforts of
organizations like Technopark in the future.

ISBA Conference Exhibition showcases innovation and creativity

The platform to showcase innovative ideas from
incubatees and entrepreneurs from various parts of
the country was provided by the conference
Exhibition conducted in the Park Centre from January
30 to February 6. A steady stream of visitors from
among the conference delegates and personnel from then many companies in the
campus kept the ambience alive through all nine days of the exhibition.
Incubatees from National Institute of Design had organized an exhibition of their
                                 products along with Incubatees from NIT Calicut
                                 and Technopark TBI like Gamut Technologies, Light
                                 Logics, Sooryakiran and Velozeta Engineering. “We
                                 find that such platforms to display innovations and
                                 creativity among budding entrepreneurs can go a
                                 long way in ensuring the growth of business
                                 incubation in the country”, said senior officials from
the Dept. of Science & Technology, (DST) and the Dept. of Scientific & Industrial
Research, (DSIR), after viewing the exhibits.

Technopreneur 2008 @ Technopark

                     Technopark TBI successfully launched a workshop series on
                     „Promoting Business & Technology Incubation and Building
                     Global Enterprises‟ on the eve of ISBA 2008 Conference. ISBA
                     is the Indian STEPs (Science and Technology Entrepreneurs'
                     Parks)     and     Business     Incubation
                     Association. The major objective of
                     Technopreneur 2008 is to promote
Innovation and Entrepreneurship in campuses of Academic
Institutions and Rural Kerala and to exploit and convert the
skills and expertise within the institutes to effectively create
entrepreneurial ventures. The preconference workshops, jointly

titled Technopreneur 2008, were held on January 30 and 31, 2008 with the theme
„Global Enterprises through Business Incubators‟. The second workshop on,
„Promoting Business and Technology Incubation‟ was held on January 31.The
program was attended by many professionals and faculty of engineering colleges in
                 and outside the State, technical and management students,
                 innovators, technical experts, research personnel from R&D
                 centres and representatives from entrepreneurship institutes such
                 as STED and KIED. Numbering nearly 120, they interacted with
                 the experts thus making the opportunity to strengthen and share
                 their ideas on the theme.

Technopreneur 2008 @ Kozhikode

The first follow up program of Technopreneur 2008 on „Promoting Technology
Business Incubation and Building Enterprises‟ was conducted at Malabar Palace,
                                  Kozhikode on 10th March, 2008 with the NITC
                                  TBI, STED and VHSE. The program was
                                  supported by DST, DSIR, Govt. of India. The
                                  event emphasized the need to support genuine
                                  entrepreneurs and Innovators from Rural Kerala
                                  to transform their ideas into marketable products
                                  and to incubate them in the Technology Business
                                  Incubator and thereby drive the economic
growth of the country to newer heights. The workshop was inaugurated by Dr A S
Rao, Advisor, Department of Scientific & Industrial Research (DSIR), and
Government of India. The workshop had sessions on „Relevance of Business
Incubation-Experience in establishing TBI in NIT Calicut‟, „Establishing Business
Incubators‟    and   „Building   Enterprises    through      Business   Incubators‟,
‘Entrepreneurship Development in Rural Areas‟ and DSIR TePP funding.
A total of 150 participants from the various engineering colleges in the districts of
Kazaragod, Kannur, Palakkad, Kozhikode and Malappuram, entrepreneurship
training faculties, innovators, entrepreneurs & facility managers in research and
academic institutions from the five districts attended
the day-long deliberations.
The programme opened up a meeting place for
successful entrepreneurs, business and technology
experts, students, and faculties, innovators to know
each other, to know the facilities offered by various
Government departments and to get acquainted with
the Experts. The Innovators had one-to-one meetings with DSIR / DST officials and
other eminent personalities from which 16 project proposal was emerged and 9
projects were selected for final analysis and screening by Technology Angels of
Technopark TUC. Unlike in most such technoentrepreneurial workshops where
software-based projects hold sway, hardware-based and hardware-software fusion
projects garnered the most attention at Technopreneur-2008 in Kozhikode.

Technopark TBI at Technology Entrepreneurship Education Programme in

Technopark Technology Business Incubator (T-TBI)
is among the leading incubation business
promoters from all across India to attend the 2 Day
workshop on Technology Entrepreneurship
Education- Theory and Practice, held at Intel India
Development Centre, Bangalore on December 13
and 14, 2007 jointly organized by the Department
of Science & Technology (DST), Govt. of India, Indo-US Science and Technology
                           Forum and UC-Berkeley, USA, the program involved
                           presentations, interfaces and discussions touching upon
                           all aspects of the theory and practice of Entrepreneurship
                           Education. Technopark TBI was represented at the 2-day
                           program by Sri K.C. Chandrasekharan Nair, CFO &
Programme Coordinator- New Initiatives.

TechTop 2007

                              TechTop 2007, a unique contest to identify,
                              promote reward and nurture the innovative ideas
                              of engineering students across the country. The
                              event, an initiative of Degree Controls Inc. of USA
                              and supported by IEEE-Kerala Section, IBS, and
                              Executive Knowledge Lines Magazine, TechTop
                              2007 was hosted and sponsored by Technopark
and the event was formally inaugurated by Dr. Ajay Kumar IAS, Secretary-IT,
The All India Engineering Students project competition received project applications
from 10 states namely Andhra Pradesh, Delhi, Gujarath, Karnataka, Kerala,
Maharashtra, Punjab, Rajasthan, Tamilnadu and West Bengal were received. The
final round of Contest was held at Technopark, Trivandrum from 29th to 30th
October 2007.18 projects are selected for the final contest to be held in October, 2007
and 5 projects were subject to modifications.
                               The first prize of Rs. One Lakh sponsored by Degree
                               Controls Inc. was won by Kongu Engineering College,
                               Perundurai, Erode for their project "Automated
                               Rationing for Public Distribution System".
                             The Second Prize of Rs.25,000 sponsored by IBS
                             Software Services Pvt. Ltd. was won by P.E.S College
of Engineering, Nagsenvana, Aurangabad for their project Aqua Silencer
The third prize of Rs.10,000 was won by Amal Jyothi College of Engineering,
Kanjirapally, Kottayam for their project "Intelligent Light Dimmer Systems for
Automobiles". This prize was also sponsored by Degree Controls Inc.

TechQuiz 2007

An interschool science and Technology Quiz competition
“Tech Quiz 2007” was conducted in conjunction with the
All India Exhibition Tech Top 2007 for the High School &
Higher Secondary Students in Trivandrum.
St Thomas Residential School, Mukkola, won the first
prize comprising a trophy and Rs 4,000 in cash in the
`TechQuiz' programme conducted as part of the TECHTOP 2007 hosted by the
Technopark. Over 18 teams from 15 schools in the city participated in the event. The
Christ Nagar School won the second prize, while Loyola School and the Carmel Girls
High School clinched the third and fourth prizes.
A workshop on technology incubation activities of Technopark was also held on the
occasion. Mr R. C. Dutt, expert consultant on incubation activities, piloted the
session for the benefit of budding Tech entrepreneurs from different States.

IT-ITES Industry Academic Meet

IT-ITES Industry Academic Meet was inaugurated by           Sri. V.S. Achuthandan,
Hon‟ble Chief Minister of Kerala, on September 13, 2007 in Travancore Hall,
Technopark. The program was organized by the National Association of Software &
Service Companies (NASSCOM) to explore ways and means to strengthen the
interaction and exchanges between the IT industry and the academic community, the

                                        one day meet was attended by the elite of
                                        the academia and doyens of the industry
                                        from     various   levels.   Sri.    Kiran
                                        Karnik,President-NASSCOM delivered the
                                        keynote address. Two sessions, one on
                                        Fundamentals and the other on NASSCOM
                                        Assessment       Competency       featured
                                        presentation from Dr. R. Narayanan
(Advisor, GL&D, TCS),Sri. Srinivas Kasa (Satyam Computer Services), Dr. Sandhya
Chitala (Director, Ed. Initiatives, NASSCOM), Dr. K.R. Srivathsan (Director-IIITM-
K), Dr. Achuthsankar. S. Nair (University of Kerala) and Smt. Nina Nair, VP-24/7

Training-cum- Orientation program for TUC Coordinators and Counsellors

The TePP Outreach Centre of the Indian Institute of Technology (IIT) Kanpur, one of
the country‟s sterling institutions for
technical education, with the support
of the Department of Scientific &
Industrial Research (DSIR), Govt. of
India, organized a 2-day Training-
cum- Orientation program for TePP
Outreach Centre (TUC) Coordinators
and Counselors from all over India,
during July 30 and 31, 2007. Technopark CFO & Program Coordinator -New
Initiatives, Sri. K.C.C. Nair and Smt. Gita Gopalakrishnan delegated Technopark TBI
for the function. Sri. K.C.C. Nair and Smt. Gita Gopalakrishnan gave lucid
presentations on the Technopark story with special emphasis on the entrepreneurial
success models created in T-BIC with the active guidance of the CEO, Sri. N.
Radhakrishnan Nair and Advisor Sri. R.C. Dutt. The event was an eye-opener for us
on the tremendous possibilities inherent in the idea of TePP and the immense
opportunities offered by DST and DSIR.

Technopark signed MoU with DSIR

With a view to give further thrust to TePP with a wider reach to the promising
Technopreneurs, an agreement of Memorandum of understanding (MoU) has been
signed between the DSIR, Govt. of India and Technopark, Trivandrum.

As per the MoU, T-TUC (Technopark TePP Outreach Centre) would undertake all
                            measures to give adequate publicity and carry out
                            promotional activities for furtherance of the
                            operation of TePP Scheme in Kerala. Dr. A.S. Rao,
                            Advisor, DSIR signed the MoU on behalf of the
                            Department, with Mr.K.C.C. Nair (CFO & Program
                            Coordinator, New Initiatives) during the TePP
                            Training-Cum-Orientation Program in Kanpur.

Graduated Incubatees as on March 2003

The following members have graduated from the Incubator
   1. Acco Bizware Pvt Ltd
   2. Adion Road Links Pvt Ltd
   3. Auto
   4. Bigpond Technologies India Pvt Ltd
   5. Cepios
   6. Cell Technologies Pvt Ltd
   7. Digitera
   8. Digitella
   9. Dundas Software
   10. eZe Care Systems Pvt Ltd
   11. Geotrans Technologies Pvt Ltd
   12. Hages B Solutions Pvt Ltd
   13. I-Manager Learning Solutions Pvt Ltd
   14. Integrated Dynamic Solutions Pvt Ltd
   15. Itraitz IT Solutions Pvt Ltd
   16. Kerala
   17. Kreara Solutions Pvt Ltd
   18. MDI Datanet India Pvt Ltd
   19. Morning Paper Web Service Pvt Ltd
   20. Optibiz Software Technologies Pvt Ltd
   21. Optiwise Solutions Pvt Ltd
   22. Paragon Biomedical India Pvt Ltd
   23. Pivot Systems Pvt Ltd
   24. RNC BPOI
   25. RWDI Consulting Engineers & Scientists India Pvt Ltd
   26. Saturn Systemwares Pvt Ltd
   27. Spazio Tech
   28. Speridian Technologies Pvt Ltd
   29. SRC Software Pvt Limited
   30. Synthite Technologies
   31. Travancore Software Solutions Pvt Ltd
   32. Vinirma Consultancy
   33. Wins Infotek Pvt Ltd
   34. YSC Engineering Services Pvt Ltd

Incubatees in Operation at the close of the year

   1. Advanced Media Technologies Pvt. Ltd (AMTECH)
   2. AR Software Solutions Pvt Ltd
   3. Aten India Software Solutions Pvt Ltd
   4. Cardinal Automated Business Solution Pvt Ltd
   5. Commrad Technology Pvt Ltd
   6. Divx Medical & Software Technologies P Lt
   7. EastEnd Health Care Solutions Pvt Ltd
   8. E-biz Consultancy Services Pvt Ltd
   9. Excel Students Tutoring Pvt. Ltd
   10. Grid Design Solutions Pvt Ltd
   11. Gridzone Software Solutions Pvt Ltd
   12. Light Logics Holography & Optics Pvt. Ltd.
   13. Leeds Technologies Pvt Ltd
   14. MobME Wireless Solutions Pvt Ltd ( Torque 360 Degrees Solutions )
   15. Velozeta Engineering Solutions P Ltd
   16. Mecampus Cyber Security & Technology Pvt Ld
   17. Navicare Solutions Pvt Ltd
   18. Novellsys Technologies Pvt Ltd
   19. Prapty Data Solutions Pvt Ltd
   20. Slashome Technologies Pvt Ltd
   21. Sooryakiran Bio Informatics Pvt Ltd
   22. Standout IT Solutions Pvt Ltd
   23. Sandblue Technologies Pvt Ltd

Details of Grant-in-aid Received from Government

Head of          Year of grant    Amount of        Amount     Year of
account          allotted         Grant-in-aid     utilized   Utilisation
                                  ( Lakhs)
  Capital        2007-08          100              2.47       2007-08

Recurring        2007-08          20               13.21      2007-08

Internal Auditors   :      Sridhar & Co
Statutory Auditors :       Thomas Mathew & Co
Bankers             :      SBI Technopark Branch

       Park Centre, Technopark Campus
       Trivandrum 695 581,Kerala ,India
Ph: +91-471-2700222, Fax : +91-471-2700171
      Email :

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