Technology Business Incubator has been setup in the premises of GLA University under the sponsorship of Department of Information Technology & Electronics Government of Uttar Pradesh.
Technology business incubators are a powerful economic development tool, which promotes growth through innovation, and application of technology, support economic development strategies for small business development, and encourage growth from within local economies, while also providing a mechanism for technology transfer. The Technology Business Incubator StartUp LaunchPad, GLAU would primarily focus on those technologies, which needs support for commercialization and further proliferation. These can act as a growth driver in the low-end spectrum of the incubation eco-system. The components under the program will include mentoring support in business and technology plans, networking of business resources, entrepreneurship cum skill development, identification of appropriate technology, hands on experience on Projects, Projects/ Products selection, project report preparation, credit facilitation, seed capital assistance, marketing assistance, professional assistance to make the enterprise successful and achieve higher growth.
Technology based new enterprises are typically characterized as high risk and high growth ventures, and as such, they require an enabling environment like TBI to enhance the prospects of success.
