MIT Pune Technology Business Incubator

We turn bright startup ideas into economically viable, socially productive and technologically proficient businesses!

Who We Are

We support and nurture innovation and entrepreneurship!

MIT Pune Technology Business Incubator (TBI) is an official innovation and entrepreneurship ecosystem of MIT World Peace University. MIT Pune TBI was founded in 2016 and is supported by the Department of Science and Technology (DST), Government of India to nurture technology business incubation ecosystem acoss India. We support early-stage entrepreneurs (including students) as well as experienced startups through funding, mentoring and network connect.

Our Offerings

We provide state-of-art facilities

Co-working office spaces

200 sq ft private offices as well as open-layout cubicle spaces

Rapid prototyping centre

Our rapid protoyping centre has state-of-art CAD modeling and composite 3D printing facilities.

Electronics assembly and IoT lab

Specifically designed for next-gen electronics product development using Internet of Things.

Additional support

Mentoring, network connect and fundraising

Technical mentoring

Business mentoring

Legal and IP support

Fundraising support

Industry networking

MIT alumni connect

Why choose MIT TBI ahead of other incubators?

MIT College of Engineering (now MIT World Peace University) is one of the oldest and most reputed private education institutes in Maharashtra.

Strong emphasis on learning and innovation

Through its research and industry collaboration with leading national and international institutes MIT WPU has developed a culture of innovation.

State-of-art facilities

MIT WPU has established cuttng-edge laboratories and innovation centres for the benefit of its innovation-oriented students.

MIT Pune TBI was established in 2016 with the aim of converting technically feasible projects into commercially viable startups.

11,000 sq. ft. of dedicated facility for incubation and rapid prototyping

A mini-manufacturing hub with facilities such as 3D printing, CNC machining, laser cutters, hydraulic presses, measuring & testing equipment, IoT components & computer facilities and much more.

Mentoring and handholding support

MIT academic faculty and alumni as well as leading industry mentors provide technical and business mentoring support.

Located in the heart of Pune city inside the scenic campus of MIT WPU, MIT TBI provides excellent location advantage for entrepreneurs.

Pune is one of the most vibrant cities in the World

Pune is an industrial city with strong emphasis on IT/ITeS, Automative, Biotechnology sectors as well as a hub for higher education and technology.

Growing entrepreneurial ecosystem

Pune is one of the fastest growing hubs for entrepreneurship with good network of investors, mentors and ecosystem partners.

Incubator in numbers

Startups Incubated

Individual Innovators

Onboarded mentors

Jobs created

Services

Our support to entrepreneurs and innovators

Physical incubation

Physical incubation for product and service based startup companies. We offer office and cubicle spaces inside a dedicated facility as well as access to labs and workshops.

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Virtual incubation

Remote incubation support for service based startup companies. Incubation support includes mentoring, fundraising, access to all virtual services of MIT TBI.

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Co-incubation

Office space and rapid prototyping labs for virtually incubated startups of other incubators and accelerators.

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Rapid prototyping

Composite 3D printing for manufacturing carbon fibre parts, full-fledged designing and machining facility for commercial use.

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Student innovation

We actively encourage current and recently-graduated students of MIT WPU as well as other institutes to take up entrepreneurship as career choice.

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Consultancy

We provide training and handholding support to other incubators in entrepreneurship development. We also undertake engineering consultancy projects in areas such as renewable energy, IoT, ITeS, etc.

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F.A.Q.s

Frequently Asked Questions

MIT Pune Technology Business Incubator is a Section-8 Not-for-Profit company registered under the Companies Act, 2013 with an objective of promoting innovation and entrepreneuship.

Yes, MIT Pune TBI is approved as a Technology Business Incubator by the Govt. of India and supported by the Department of Science and Technology. (List of approved incubation centres)

MIT Pune TBI is located inside the campus of MIT World Peace University in Pune's Kothrud area. We have 11,000 sq. ft of dedicated space reserved for supporting entrepreneurs and innovators. This facility comprises of co-working office spaces, rapid prototyping lab, etc.

Yes, we incubate student-founded startup companies and provide them the necessary handholding and mentoring support. MIT WPU stuents and alumni get 1-year waiver on office rent.

We have set up hi-end CAD workstations and composite 3D printing facility for manufacturing high-strength components using material such as carbon fibre, onyx, nylon, etc. Our 3D printing facility is available for use of MSMEs at an affordable rate. (3D printing brochure)

Subject to funds availability under different funding/prototyping grant programs, we may provide funding to eligible startup companies.

Team

Our Directors

Prof. Prakash Joshi

Joint Managing Trustee, Maeer’s Group of Institutions

Founding member of MIT College of Engineering. Prof. Joshi has 50+ years of experience in the areas of technology, administration, etc. He was elected as the Vice President of the Society of Automotive Engineers India for 2021-2022

Rahul V. Karad

Executive President, MIT World Peace University

An educationist at the forefront of the 70+ institutes strong MAEER's MIT Group of Institutions known for imparting Universal Value Based Education in the sphere of Higher Education & Learning.

Dr. Mangesh Karad

Executive President, MIT ADT University

Dr. Mangesh Karad is a dynamic and eminent educationist who is a passionate, progressive, strongly philosophical and hard working person.


Our Staff

Dr. Abhijit Sathe

Chief Executive Officer

Dr. Sathe has several years of industry experience including nearly 5 years within incubation and entrepreneurship ecosystem. An engineer by profession, he brings in technical expertise required for technology innovations.

Mr. Vignesh Mohan

Incubator Manager

Vignesh has 5+ years of experience working in entrepreneurship and incubation ecosystem and currently handles the responsibility of incubator management and operation.

Mr. Omkar Kudav

Operations Assistant

Omkar currently handles responsibility of incubation and program management at MIT TBI. He is also responsible for outreach activities at the incubator.


Advisory Committee

Dr. Yogesh Bendale 

Chairman and Managing Director, Rasayu Cancer Clinic

Shri Pradeep Bhalwankar 

Managing Director, Twin Engineers Pvt Ltd

Shri Girish Chitale 

Partner, Chitale Industries

Shri Ravindra Deodhar

Chairman & Managing Director, Pravi Auto Swing Pvt Ltd

Shri Ajit Gokhale 

MSr. Vice President, Invasystems Inc

Shri Narayan Jadhav 

Head - Vehicle Engineering, Tata Motors

Shri Ashok Jamenis

Director, Kirloskar Ferrous Industries

Shri Vishwas Kale

Managing Director, Vijayesh Instruments

CA Ashwin Mahajan

Partner, Mahajan and Bhapkar Chartered Accountants

Shri Girish Mehendale

Managing Director, Microverse Automation

Shri Pradeep Navale

Sr. Vice President, John Deere

Dr Manisha Nene

Asst Professor and HoD, Defence Institute of Advanced Technology

Shri Sunil Patel

Managing Director, Swastid Auto

Dr Vishwas Phadnis

Associate Professor, Sri Balaji University

Shri T P Vartak

Director, T P Vartak Holdings and Investments

Our Partners

Contact

Contact Us

Call Us

Mr. Omkar Kudav: 88301 73166
Mr. Vignesh Mohan: 98404 13646


Email Us

info@mittbi.org


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