Guidelines RTBI BBI
Guidelines RTBI BBI
Guidelines RTBI BBI
a) Create new jobs and reduce unemployment particularly in rural and biotechnology
sector
b) Promote entrepreneurship culture in Rajasthan
c) Grassroots economic development across Rajasthan state
d) Facilitate innovative business solution for un-met social needs
e) Promote innovation to further strengthen the competitiveness especially in rural
and biotechnology sector
Biotechnology and Rural Technology Business Incubation (BBI and RTBI) Model:
The Incubation Centres will be set up at twin levels, i.e. supporting existing incubation
centres operated currently at different recognized academic institutions /R&D
institutions/Technology Centres under different Ministries and Departments of the
Government of India or Institutions including State Government to set up such centre
dedicated to incubation and enterprise creation in the area of rural and biotechnology
based Industries and also new incubation centres to be set up by eligible private institutions
including Industry Associations, along with the Academic Institutions, R&D laboratories,
Universities, Government entities and Technology Parks. The existing incubators under
different organizations, academic institutions /R&D institutions/Technology Centres would
be required to provide built up covered space with electric power & water connections, any
other forward / backward linkages and required manpower resources for both the centres
to be created within the existing incubators and also for the new incubators.
A. Support for existing and setting up new Rural Technology Business Incubator (RTBI)
in rural sector
Objective:
Rural Technology And Business Incubator (RTBI) will facilitate affordable technology
development appropriate to the rural context, Enabling startup entrepreneurs to build rural
inclusive business models, Mediating between urban enterprise and rural potential through
rural database and research, Building models of best practices in sector specific business
incubation and Focus sectors include Agriculture, Health, Finance, Education, Vocational
Training, Business, Processing, Manufacturing and Information and Communication
Technologies for rural India.
The core focus of RTBI will be Incubation. As an Incubator, RTBI’s objective will be to
identify, nurture and support entrepreneurs aspiring to evolve rural/social inclusive
business models leveraging Information and Communication Technologies (ICT). RTBI looks
at strengthening and supporting entrepreneurs whose start-up aims to have a larger and
cascading impact on the rural and underserved populace. Developing depth and
understanding of the underserved segments by sustained efforts (including a variety of
independently funded initiatives) via grass root trials (involving technology creation,
business modelling, service design, etc.) in areas like agriculture, education, financial
inclusion, healthcare and livelihood etc.
Aim:
The aim of RTBI will be to support rural and social inclusive start-ups, primarily those that
enable scalable products and services for the under-served and bottom-of-the-pyramid
segment.
B. Support for existing and setting up new Biotechnology Business Incubation (BBI)
Objective
Government of Rajasthan has declared Biotechnology Policy in the year 2015. One of the key
components of this policy is to generate employment, promote entrepreneurship among
youths in the area of biotechnology and allied sectors. It will be done by promoting by providing
financial support for new and existing BBI.
i. One-time grant of 50% of cost of Plant & Machinery excluding the land and
infrastructure or an amount up to INR 10 Lakh, whichever is less to be provided for
supporting existing incubation centres under various Departments or government
funded institutions to set up such centres dedicated to incubation and enterprise
creation in the rural technology business incubation or biotechnology business
incubation. This includes a provision of 10% towards refurbishment cost.
ii. One-time grant of 50% of cost of Plant & Machinery excluding the land and
infrastructure or an amount up to INR 30 Lakh, whichever is less to be provided for
setting up of new incubation centres by eligible agencies dedicated to incubation
and enterprise creation in the area of rural technology business incubation or
biotechnology business incubation. This will include a provision of 10% towards
refurbishment cost.
Guidelines for RTBI and BBI (Biotechnology and Rural Sector)
Submission of Proposal
(One hard copy + soft version in MS word document) in the prescribed proforma which is
available at http://www.dst.rajasthan.gov.in along with the necessary enclosures in the
prescribed proforma. It is to be sent to the following addresses: -
Director
Department of Science and Technology
th
4 Floor, Minisecretariat
Banipark, Jaipur 302016
Rajasthan
Enclosures to be submitted with the proposal by the institutions other than the
Publicly Funded Institutions:
The proposals would be evaluated on the basis of merit and capability of the Host
institution/candidate for promoting the TBI’s in the areas of Biotechnology, Rural sector.
The following broad parameters will be used for evaluation of the proposals –
The financial support to the incubator would be limited to three years after which it should
become self-sustainable. Continuation of support will be entirely performance oriented and
subject to approval. The performance will be monitored both at quantitative and qualitative
aspects. In case of significant shortfall in the progress, the support may also be terminated mid-
term.
Once the proposal for incubators is agreed in-principle by DST Government of Rajasthan, the
process for release of funds would be taken up after ensuring the following preparatory actions
by the existing incubators and new incubators: -