MUTBI Manipal

MUTBI Manipal, or Manipal University Technology Business Incubator, is an initiative of Manipal Academy of Higher Education (MAHE) that aims to foster entrepreneurship and innovation.12 Here are some key details about MUTBI:

Background and Establishment

MUTBI was established in March 2010 with support from the National Science & Technology Entrepreneurship Development Board (NSTEDB) and the Department of Science & Technology (DST), Government of India.12 It is one of 54 Technology Business Incubators (TBIs) funded by these government bodies.1

Purpose and Objectives

The primary goals of MUTBI include:

• Nurturing entrepreneurship skills among students, faculty, and people in the region
• Providing services to help alumni, students, and faculty of Manipal University start their own ventures
• Supporting product development and manufacturing
• Creating self-employment opportunities

Services and Support

MUTBI offers various services to startups and entrepreneurs:

• Seed funding for feasible ideas and proposals
• Infrastructure resources for incubatee startups
• Mentoring and networking opportunities
• Assistance with market surveys, product marketing, patenting, and legal services
• Facilitation of funding from external agencies, angel investors, and venture capitalists

Focus Areas

While MUTBI supports startups in various emerging areas, its primary thrust areas include:

• Information Technology
• Healthcare and Medical Devices
• Agriculture
• Renewable Energy
• Energy Conversion Systems
• MEMS/Nanotechnology

Incubation Program

MUTBI provides incubation support for an initial period of 18 months, which can be extended based on progress and need.2 The incubation process includes dedicated space, mentoring, and other support services to help startups develop into successful business ventures.

MUTBI Manipal, with the LinkedIn username "mutbi," serves as a crucial platform for promoting innovation and entrepreneurship within the Manipal University ecosystem and the surrounding region.1