Ms. Preethi, CEO of TBI of NITC said that for the last 15 years TBI has been supporting the trade and Industry. Guidance and support were extended to entrepreneurs. Our TBI has recorded good success and more than 100 successful entrepreneurs have benefitted from our TBI.
A Fab lab will be set up shortly. Now the TBI is giving grants also and the maximum given now is Rs. 10 lakhs per enterprise. This will be enhanced shortly and are thinking of raising it up to Rs.15 lakhs. Good proposals will be awarded a grant of Rs.10 lakhs for setting up their own enterprise. Proposals with regard to service sector will not be considered. Only manufacturing concerns will be entertained. There are so many start ups working from our TBI. Nano laboratories and Bio technology labs are working in a full fledged manner and can be used by startups. Many students are approaching TBI for support. Only the deserving are entertained. Regarding the STP meant for Hotels etc., a faculty has been entrusted with this work.
Lot of training programs are being conducted. The TBI would like to associate with Malabar Chamber in the case of training program. The infrastructure available at the Chamber, if utilized for this training program would be beneficial for entrepreneurs as well TBI and Chamber. This will be four weeks program. Usually 20 to 25 people attend the training. The plastic has been banned by Govt. of Kerala and 1320 units are put to trouble. A substitute for plastic is available now, which has to be imported and is very costly. We must think of making a substitute for plastic in India, if possible with the help of the TBI.
In the open forum, Sri. M. Nityanand Kamath, Sri. M.A. Mehaboob, Sri. M. Khalid and Sri. Alok Kumar Saboo participated.
The meeting concluded with the formal vote of thanks.