The Technology Business Incubator (TBI) and the Life Sciences Labs were inaugurated at the Sir CV Raman Block at the Sri Padmavathi Mahila University in Tirupati on Monday by its Vice- Chancellor V. Durga Bhavani.
Addressing the students of engineering, Prof. Durga Bhavani said the TBI was intended to encourage entrepreneurship as a viable career option among the youth. She sought the students to make the best of the equipment.
Rector V. Uma said the advanced equipment “is like bringing the industry to the campus and the students get opportunities to intern with tech start-ups and apply their classroom learning to create business solutions.”
Chief executive officer of the TBI Y. Mallikharjuna Reddy said the varsity’s proposal submitted through the TBI on the ‘Keratinase’ enzyme production got selected for a grant of ₹50 lakh from the Central government to commercialise the innovative idea. He said as of now the TBI had 17 incubates. Entrepreneurs can send start-up ideas and prototypes to ceo.spmvv@gmail.com.
He said the IoT/Robotics Lab had 3D printer, laser cutting and PCB etching machine, drones, digital oscilloscope, variable DC supply, metallurgical microscope., The Life Sciences Lab was equipped with Class 10000 Clean Room, Nano spectro photometer, CO2 Incubator, BOD Incubator, biosafety cabinet and advanced microscope.
Mr. Mallikharjuna Reddy said the Technology Business Incubator was an initiative of the Sri Padmavati Mahila University, the Andhra Pradesh and National Science & Technology Entrepreneurship Development Board (NSTEDB), the Department of Science and Technology (DST) and the governmet of India with an outlay of ₹7.30 crore.
