RTBI is a not for profit entity established by Ramaiah University of Applied Sciences, Bangalore under Indian Trusts Act, 1882 having registration number YPR-4-00315-2017-18 dated 22-01-2018. The main aim of RTBI is to promote the culture of entrepreneurship through technology business incubation and establishment of start-ups amongst its students, faculty and interested citizens.
Promoting Innovations and Entrepreneurship
The Government of Karnataka has under its Karnataka Start-up Policy 2015-2020 provided the framework for provision of grants and operation of technology business incubators through its Operational Guidelines and Application Format for Technology Business Incubators. The Guidelines detail the particulars and conditions for provision of grants to technology business incubators towards financing their purchase and provision of equipment and facilities to Technology Start-ups as well as their operational expenses.