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Network Member

TREC-STEP Tiruchirappalli Regional Engineering College - Science and Technology Entrepreneurs Park

India

Overview Statistics

Incubator Overview

Jawahar RMP
jawa_ts@yahoo.com
http://www.trecstep.com

Objectives	Affect policymaking Commercialize research Create companies that export revenues Create jobs Develop profitable enterprises Provide income generating opportunities for disadvantaged populations Raise the awareness of potential entrepreneurs New Technology and Innovation Promotion
Description
Interests	Developing Incubation services further - Cross Cultural Ventures - BI Theory
Services	Facilities: ICT services Facilities: Office space Facilities: Shared laboratories Facilities: Shared workshops Finance: Equity Financing Finance: Financial management training Finance: Financial management/accounting services Finance: Linkages to financiers Finance: Loan Finance: Loan Guarantees Finance: Seed Capital Finance: Venture Capital Incubation and Business Development: Business management and development advisory services Incubation and Business Development: Incubation program for non-resident clients (virtual incubation) Incubation and Business Development: Incubation program for resident clients Incubation and Business Development: Mentoring/coaching Incubation and Business Development: Pre-incubation services Incubation and Business Development: Training in business management International Business Services: Help entering particular markets International Business Services: Trade facilitation Networks and Synergy: Facilitation of linkages between incubates Networks and Synergy: Networking events Networks and Synergy: Referrals to business professionals Technology Transfer: Help with commercializing technology Technology Transfer: Help with intellectual property/patent advice Other: Innovation Funding
Year Opened	1989
Type	Government
Model	Not-for-profit
Sectors	Information and Communication Technologies Manufacturing Mixed Use
Target Population	Youth
Advocacy	This organization actively works to improve innovation and entrepreneurship policy and regulation

Highlights

TREC-STEP Receives EurOffice Award for Usage of EOS Soft Landing and Business Boosting Services The contest was organized within the framework of the EurOffice Project, where 80 Science Parks from Europe and the rest of world have partnered for creating a set of new venture incubation practices in globalization. The project is partly funded by the European Commission to promote dynamic international networking opportunities and to open international markets for small innovative firms, start-ups and SMEs.

TREC-STEP - a member of infoDev's Global Network - receives $200,000 DM2008 Award More than $4 million was awarded in seed money to 22 innovative agricultural projects at the end of the 2008 Development Marketplace, a competitive grant program organized by the World Bank to fund innovation in development. infoDev is pleased to announce that a member of its Global Network of Business Incubators was awarded for its Mini Cold Storage Ventures project.

infoDev Global Network of Business Incubators member selected as finalist for the Development Marketplace 2008 awards Tiruchirappalli Regional Engineering College - Science & Technology Entrepreneurs Park (TREC-STEP) from India has been selected as a finalist among 100 candidates for the DM2008 awards. 1,768 proposals were submitted for this year's competition. TREC-STEP has been a member of infoDev's Global Network of Business Incubators since 2004.

Events

ISBA 2008 - Incubating a Stronger, Wealthier and Inclusive India

Success Stories

TREC-STEP shares 8 success stories about its entrepreneurs in India

Featured Tools

Venture Incubation Package for Financial Management by TREC-STEP

Incubator Statistics

Space

	Business Incubator	Technopark
Buildings	17
sq.m. available in total	4200
sq.m used for incubator services/admin	1200
sq.m. rented by client firms	3000

Clients

	Business Incubator		Technopark
	On-Site	Off-Site
Number of client firms	12	10
Number of employees in client firms	40	3000

Graduation

	Last Year	Total*
Number of graduated firms	5	168
Number of employees in graduated firms	70	6000
Companies still in operation 3 years after graduation	5	145

*since beginning of incubator operation

Note: Is in regular contact with (most of) the graduated firms

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Last updated 19 Nov 2008

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