Business Incubation

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Business Incubation

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About Vemana Business Incubation Center

Vemana Business Incubation center was established in the year 2015 under Vemana Institute of technology & Karnataka Reddy Jana Sangha in order to create Entrepreneurship Eco-System and Startup Eco-System and to motivate young generation to become Job Providers instead of Job Seekers.

In the year 2017 Ministry of Micro, Small & Medium scale Enterprise (MSME), Govt. Of India recognized Vemana Institute of Technology as Host Institute and Vemana Business Incubation Center as MSME Business Incubator.

Vemana Business Incubator encourages and incubates innovative and product based ideas Under Make-in-India and Manufacture-in-India ideology. Business Incubation

Vision of VBIC

To be a center of excellence that fosters synergy between the academia and the industry that fuels entrepreneurial spirit and incubates research bent of mind among students to help them to be self-reliant and contribute to the nation building

Mission of VBIC

Vemana IT and VBIC will build an ecosystem to incubate and support innovation ideas in the region to enact wealth and employment action through successful startups.
To create entrepreneurial opportunities for students, faculty and researchers
To support technology entrepreneurship emerging technology by marshaling the resource of Vemana IT
To nurture technology and knowledge based ventures through their start-up phase by providing the necessary support
To assist in commercialization of innovative ideas.

Present Projects under MSME-BI

Ministry of MSME has approved four innovative projects/ideas under MSME-BI to be incubated

Sl. No Idea Title
1 Automatic Grocery Monitoring & Ordering Systems for Smart Kitchen
2 Real Time Mileage Measurement system for Two-Wheeler
3 Multi-Seed Sowing machine
4 Fibre Reinforced composite roof tiles using agricultural waste

Companies successfully Incubated

1 Codegama LLP

Companies Incubated

1 Zethic Technologies
2 HOSHO Consulting Pvt. Ltd.
3 Scientegralabs Pvt Ltd
4 Teknotrait Solutions

Companies Under Process

1 Lakshya Space
2 ExpertsHub Learning LLP

Sl.No. Name Designation Local Committee
1 G.R. Akadas Director, MSME, Bengaluru Chairman
2 Dr. Vijayasimha Reddy B G Principal, Vemana IT (HI) Chairman, VBI
3 Mr. Ananda Murthy Consultant, MSME Centre of Excellence Member
4 Mrs. Shankari Murali, IAS Controller of Accounts, ISRO & Jt. Comptroller and Auditor General, GoI Honorary Financial Advisor
5 Mr. Achutha Rao Advisor Member
6 Mr. Manjunath Manager, LEAD Bank (Canara Bank) Member
7 Mr. S. Mukul Manohar Head, Vemana Business Incubator Member-Convener
8 Mr. K. Devraj Deputy Director, MSME-DI, Bengaluru Representative from O/o the DC (MSME)
9 Mr. Rajendra B Asst. Director, MSME-DI, Bengaluru Representative from O/o the DC (MSME)
10 Dr. KPJ Reddy Adjunct Professor, Department of Aerospacce Engineering, IISc, Bangalore Subject Expert and Special Invitee
11 Dr. Lakshminarayana Sr. Scientist, ISRO Representative of Local Expert technical organization
12 Mr. Chandrashekar S.M Vice-principal, Vemana IT Special Invitee
13 Mr. C. M. Ashwathappa Rt. DGM, Bosch Ltd Special Invitee

The Entrepreneurship Development Cell (EDC) has been established in the Institute with the financial Aid of Karnataka ReddyJana Sangha in the year 2017. The prime motive of the Cell is to promote entrepreneurial spirit among students and to act as one of the potential platforms for academicians, new-age entrepreneurs & the students to learn & share their entrepreneurial endeavors, experiences & aspirations. The Cell through its initiatives motivate young, budding Technology & Science graduates to develop entrepreneurial skills & become Job providers rather than job seekers.

Objectives of Entrepreneurship Development Cell
To identify, mend and support students for identification, development, and commercialization of their innovative ideas.
To orient the students on entrepreneurship Development by industry experts.
To organize Business Plan Competitions / Innovation Camps / Hackathons with active involvement of industry and alumni.
To arrange interaction with entrepreneurs, bankers, professionals, potential customers and create a mentorship scheme for student innovators.
To facilitate creation of Entrepreneur's Club in the institute to create entrepreneurial ecosystem.

About us

With a mission to impart the quality technical education to each and every segment of society, ReddyJana Sangha coveted dream came into existence in 1999 with the beginning of Vemana Institute of Technology, guided by KRJS Management.

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