Prof. P. Sankara Pitchaiah
Chief Liaison Officer
Guidelines for Setting up
Technology Business Incubation Unit (TBIU)
Acharya Nagarjuna University (ANU) wishes to establish a
Incubation Unit (TBIU) in ANU Campus for enabling
industry-academic collaboration in
areas such as Information Technology(IT), Electronics,
Biotechnology and Pharmacy.
The objective of the TBIU is primarily to establish linkages
and promote collaboration
between industry and academia. As part of the TBIU scheme,
University will provide
limited modular space at ANU campus for new entrepreneurs or
organizations for setting up their offices or labs with an
1. Promote interaction among faculty and industry to provide
an academic ambience
as well mentorship, and to encourage students to eventually
2. Incubating novel technology and business ideas into viable
ANU will provide physical space and appropriate utilities
like electricity, and networking
arrangements etc. The entrepreneur/ industry is expected to
make their own arrangements
for interior decoration and furniture including
air-conditioning, false ceiling etc as per
their specific requirements. The activities permitted in the
TBIU will include product
development, product innovation, software testing,
simulation, prototyping, pilot
experimentation, training and similar other technology
related work. These Incubator
Organizations are expected to be managed in an autonomous
mode, independently from
the University, either as a Company or a Foundation. It
provides a range of services to its
clients, aimed at allowing the client companies to
concentrate upon core activities and
An Incubator Organization is, however different from Science
and Technology Parks, in
that it encourages its clients to traverse the development
path from almost the conceptstage itself, and no regular or routine manufacturing or
commercial supply activities take
place in the Incubation premises. The emphasis is on R&D and
with the resident faculty experts of the parent University
and simultaneously helping the
University students and scholars to get training and
motivation for self employment and
entrepreneurship. ANU propose to develop this concept in
pilot mode and for which
approximately 16000 sq. ft area has already been earmarked.
ANU is in the close vicinity of ‘Amaravathi, new capital of
Andhra Pradesh. Space has
already been identified in the University Campus for hosting
Membership Eligibility Admission Criteria of TBIU
TBIU residency applications will be considered in the
following order of priority for
· An incubator program initiated by one or more members of
students or alumni of ANU or other premier technological
institutes, supported by
the Institute or some other technology promoting body like,
Development Board, TIFAC, DST, DSIR, TIFR, ICICI (Government
with a view out of exploring a novel technological idea or
up a laboratory proven concept.
Technology based start-up companies. The product or
services should be based on
new technologies or technologically innovative concepts and
should seek to
develop a proprietary position.
Technology/R&D unit office of an enterprise, industry
company who desires to have a technology interface with ANU.
Entrepreneurial capability: The entrepreneur should have
education or business experience to exploit the technology.
Written Business Plan: The prospective TBIU member has to
submit a written business plan at the time of application.
The plan should indicate
key focus, market analysis, customers, costs, pricing and
cash flow forecasts.
R&D intensity: The key focus during the incubation will be
on the R&D
intensity and therefore an applicant should clearly indicate
in advance the areas of
technology to be addressed and the
facilities of ANU to collaborate with on a regular basis
during TBIU residency.
Capability to network with other TBIU members, with the
industry and with
contacts of Institute.
Preference will be given to applicants who have good
previous record and also have plans
for long term collaboration with the
faculty/departments/centres of ANU. Ideas generated
by students, faculty members and alumni of the University
will be given top priority.
Terms of Residency
Residency period will be for 5 years, extendable by
another 5 years basis,
depending on progress of incubation.
Each applicant approved for availing space by the TBIU
Board, will have to
execute a License Agreement for space utilization with the
Institute by signing on
MOU on synergistic collaboration with ANU.
Each successful applicant, admitted as a resident member
of the TBIU, will have
to pay to the Institute a charge of utilization of space, at
a rate concessional to the
prevailing market rent realizable (which at present is Rs.
50/- per sq.ft. per month)
approximately Rs.7500 for 150 sq ft area per month. The
utilization charges will
be enhanced every 2 years by 10% including power charges.
Each successful applicant must pay to the Institute
charges towards utilization of
power, water and network facilities according to usage
(approx. Rs.3000 per
The TBIU Board of ANU is planning to establish an advanced
at the same premises. The users are required to pay the
nominal utility charges
whenever they use the facility for their activities.
The core facilities available at ANU Engineering College,
College, Central Instrumentation Laboratory and Department
of Biotechnology of
ANU can also be utilized by members of TBIU on payment of
All members approved for TBIU residency will be required
to give an
undertaking to offer 5% of the profits or the share of
mutually agreeable one.
Marketing of products will not be permitted from the TBIU.
The TBIU address in the ANU Campus cannot be used as the
address of the
Registered Office of the Resident Company.
Not withstanding any issues pending between the member and
the ANU at the time of
completion of the agreed tenure of incubation period, the
TBIU member shall
unconditionally agree to vacate the office space for the
next TBIU applicant (in the
waiting to move in). However, the MOU and collaboration can
be extended for a further
period on satisfactory performance and agreement.
The industry interface organization of ANU will be given the
responsibility for overall
administration of the TBIU and management of its common
facilities. The capital cost of
the civil construction for the TBIU floor has already been
borne by ANU, the costs of
other renovation work (civil), if any, and common facilities
would be borne by ANU,
whose charter permits such expenditure from its funds,
provided it is meant towards
meeting the main objective of the Foundation, i.e. enhancing
the interaction with industry.
An Institute level Empowered Committee on TBIU (to be known
as TBIU Board), has
been constituted for the management of TBIU. The TBIU Board
would be responsible for,
among other things,
Finalization of the Membership criteria and terms and
conditions (including space
Screening of applications from prospective clients and
Periodic monitoring of progress of members and review of
especially relating to technical collaboration with ANU
All matters relating to interaction between the TBIU
members and ANU system,
including those concerning sharing of resources etc.
In short, the TBIU Board will have full authority over all
matters pertaining to TBIU,
including that of revoking the membership of a Resident
Company if it fails to fulfill the
laid down criteria of eligibility or deviates significantly
from its original plans and
commitments. The ANU TBIU Board is authorizing