Periyar Technology Business Incubator was established as a grant in aid project of National Science & Technology Entrepreneurship Development Board (http://www.nstedb.com/institutional/tbi-list.htm) with the support of Ministry of Science & Technology, Government of India. Established in the year 2006 as section 25 company, later it became a Public company under Section 8 of the Companies Act 2013.
'Herbal health' is the core thrust area of the Incubator with all instrumental facility to support startups in this sector. However Periyar TBI diversified its focus in mentoring, handholding and all types of support services to those who wish to start enterprises in any sector at any stage including agro, bio and food technologies.
It is designated as the incubator for Women by the Department of Science & Technology and it is one of the very few incubators in India to focus business development in herbal products. The Operations and Management are governed separately by Board of Governance and Board of Directors respectively.
Periyar TBI has a full-fledged testing laboratory with equipment to serve all biological and organic sample testing. Individual incubation space is allotted on rent for eligible enterprising units and other infrastructure and facilities are provided for a nominal cost.
The year around activities include Entrepreneurship Awareness Camps, public meetings, seminars, workshops, Skill development programmes, hands on training in instruments and tailor made programmes on demand. Incubatees can enroll to the Incubator services throughout the year.