KIIT scales a new high: Global Recognition for KIITTBI
Bhubaneswar, Nov.2 (Updated): KIIT-Technology Business Incubator, the innovation hub of KIIT has been awarded with the Asian Association of Business Incubation (AABI) Incubator of the year 2023 in Bangkok, Thailand. The award was received by Dr Mrutyunjay Suar, CEO of KIITTBI and the DG R&D and Innovation of KIIT. This recognition is due to the outstanding achievements of KIITTBI in the field of Technology incubation. So far, it has promoted more than 400 startups in various sectors of life sciences, biotechnology, medtech, digital health, renewable energy, agritech, Green tech, social incubation and majorly focusing on manufacturing.
An elated Dr Achyuta Samanta , Founder KIIT & KISS congratulated Dr Mrutyunjay Suar and the KIITTBI team for this prestigious recognition.
It has been supported by various Government funding agencies of India such as DST- NIDHI scheme , DBT-BIRAC, MeiTy- MSH, MSME, iDeX -Ministry of Defence. DST, GoI has recognised KIITTBI as the Centre of excellence in incubation and DBT- BIRAC, GoI has established the BIRAC regional centre for Technology Promotion (BRTC) to nurture bio entrepreneurship in the East and Northeast regions of India. KIITTBI has not just been placed as one of the top in India but now recognized at the international level too. It is now scaling up to new heights and creating one of the most conducive model for technology Businesses incubation.
Such recognition will drive us to do better and bigger things in technology incubation says Dr Suar.
