About VTBIF
VIT-AP University established the Innovation Incubation Entrepreneurship Cell (IIEC) to provide mentorship, training, and resources for students and faculty. This initiative helps them transform their innovative ideas into commercially viable products. In 2023, VIT-AP took a further step by establishing the VIT-AP Technology Business Incubation Foundation (VTBIF), a dedicated incubation center. VTBIF is incorporated as a Section-8 Company under the Ministry of Corporate Affairs (MCA). Driven by the belief that entrepreneurship is the key to unlocking innovation and progress, VTBIF assists faculty and students with their technology-based and knowledge-driven startups. The center currently supports the development of many promising product prototypes.
Vision
A nurturing platform that supports new age tech entrepreneurs to transform their innovative ideas to successful business ventures and improve economic prospects of our nation
Mission
1. Empowering Students & Faculty: Training, mentoring, and funding for entrepreneurship.
2. Societal Impact: Pioneering solutions addressing needs, promoting self-reliance.
3. Economic Prosperity: Cultivating job creators for sustainable growth.
Guiding Principle
1. VTBIF's Vision: Igniting Innovation & Entrepreneurship.
2. Offers Mentorship, Training, Resources.
3. Founded by VITAP University.
4. Transforming Ideas into Commercial Products..
5. Driving Innovation and Entrepreneurial Success.
“ INDIA should lead the world. VIT should lead India ”
- Dr. G. Viswanathan, Founder & Chancellor, VIT
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