Poornima Business Incubation Centre

Poornima Business Incubation Centre (PBIC) is the venture arm of Poornima Institute of Engineering & Technology (PIET) nurtures and fosters incubation of startups. It is an incubation centre for startups whose objectives are to cultivate and promote entrepreneurism among talented youth, students and experienced alike. Anyone with an idea and unflinching determination to give it a shape is an ideal candidate to associate with PBIC. Poornima Business Incubation Centre (PBIC) is set up to promote innovation and entrepreneurship by converting and translating technology ideas and innovation in various disciplines of science and engineering into products, processes and services for commercial exploitation and for the benefit of society. PBIC offers incubation facilities and services to prospective entrepreneurs to their innovative ideas into commercially viable products. PBIC provides certain facilities like physical infrastructure and support systems necessary for business incubation activities, Services such as training or High- speed Internet access, links to higher education resources, accounting and financial management etc. It facilitates networking with professional resources, which include mentors, experts, consultants and advisors for the incubates. PBIC also conducts events like entrepreneurial talk series, workshops, open pitches and seminars to offer a good interface and visibility in the region. Poornima Institute of Engineering & Technology has been supporting the new budding Entrepreneurs since 2014 through a club which was known as E-cell and which is now working in coordination with PBIC.

OBJECTIVE :

Poornima Business Incubation Centre (PBIC) is set up :

• To create awareness on entrepreneurship among the students.
• To inculcate entrepreneurial spirit and culture among the Science and Engineering  graduates
• To conduct programs in Entrepreneurship  enabling  skills.
• To promote innovation and entrepreneurship .

Eligibility:

Admission to PBIC is open to any of the following :

• Students & Alumni of Poornima Group
• Poornima Group's R&D partners (sponsors of R&D and consultancy projects),
• Poornima Group's partner universities (having R&D collaborations in place) and government agencies associated with Poornima Group's research and innovations.
• Permanent staff of Poornima Group
• PBIC alumni on selective basis.
• Applicants supported under any program managed by PBIC.

Details Of Facilities

Physical infrastructure:

• Fully furnished Office Space
• Shared resources: Meeting rooms, Conference rooms.
• Office productivity equipment: Fax, Photocopier, Printer, Scanner, Projector
• Lab: PBIC Lab with Equipment and software tools, Facilitation for access to PIET Labs

Innovation Support

• IPR Registration and examination for the start-ups is also facilitated by PIET-PBIC at no cost.

Utility:

• Electricity
• Internet

 (# No cost for electricity/internet consumption or any utility or service is charged separately to the Incubates. However, Incubator retains a right to limit the free electricity/internet consumption and other utility, beyond which charges will become payable by the Incubate.)

PBIC has extended the facility with new co-working space for around 50 start-ups (from April 2023):