About
MUTBI
Manipal Universal Technology Business Incubator (MUTBI), established by MAHE in 2010, supports students, faculty, alumni, and local communities in starting ventures. It promotes entrepreneurship through collaboration with the National Science & Technology Entrepreneurship Development Board (NSTEDB).
Our
Governance
MUTBI, established in 2009, is guided by a board of industry and academic experts, with a team handling regular management, legal compliance, and financial auditing. It supports startups through agreements, mentorship, seed funding, and policies for smooth operations.
From Idea to Reality:
The MUTBI Incubator
Bioincubator provides the world class facilities, infrastructure and services for the innovations relevant to medical, dental, Bio-printing & 3 D organ development, microfluidics, drug discovery, nano biotechnology, fabrication of biomedical devices, diagnosis innovation, AI interfaces & wearable devices & technologies, mobile health initiatives, Big Data, IOTs, Block Chain applications, personalized medicine, precision medicine, drug delivery systems, medical robotics, advances in sensors, lifesaving & Orthopaedic devices, smart diagnosis tools, regenerative medicine, recombinant therapeutics, APIs, formulations & biosimilar development.
Facilities &
Supports
MAHE facilities like Innovation Center, Central instrumentation and Technology Transfer Office are available in the ecosystem and MUTBI provides need based financial support.
Innovation Center
The Innovation Center fosters creativity and innovation through resources like Idea Café, Excelerate Makerspace, and Apple Creative Studio, led by the Chief Innovation Officer.
Central Instrumentation
Central facilities at MAHE include advanced equipment like SEM, XRD, NMR, and more, with additional instruments available across various institutes and departments.
Idea Café
Idea Café, located in the Marena Recreational Complex, offers a relaxed space for interdisciplinary teams to network, brainstorm, and tackle complex problems. It also hosts seminars and workshops to help aspiring innovators and entrepreneurs learn, share ideas, and connect with others.
Technology Transfer Office
MAHE supports commercialization of research by assessing market potential and coordinating with experts across disciplines, with technology governed by MAHE's policy for faculty and students.
Programs Available
MAHE organizes theme-based hackathons, providing funding for winning teams to develop prototypes, and conducts Entrepreneurship Awareness programs for students and faculty to stay updated on the startup ecosystem.
INNOVATION FESTIVAL AND ENTREPRENEURSHIP SUMMIT
In this two-day event, innovators showcase prototypes, while industry experts and entrepreneurs participate in panel discussions and pitch sessions with students and faculty.
PROVENANCE (ACCELERATING IDEA TO STARTUP)
MAHE offers up to Rs. 10 lakh funding, bootcamp support, and a chance to pitch at Provenance, with winners receiving pre-incubation and incubation at MUTBI, including funding and rent concessions.
Preincubation
Facility
Teams can opt for 6-12 months of preincubation, receiving co-working space and guidance as they develop their startup. Currently, five teams are in preincubation, with additional support available through the Government-funded NIDHI-EIR scheme for graduates.
NIDHI-EIR Scheme
Incubation
Facility
Proposals from teams with strong prototypes, innovation, and traction will be considered for incubation, provided they submit an executive summary, detailed business plan, and pitch deck. Upon committee approval, teams will be granted 18 months of incubation, which includes dedicated space, mentoring, and other resources to help turn their venture into a successful business.
Startups must pay rent and offer equity to MUTBI as part of the ecosystem support. Regular progress reviews and compliance checks are required, with the possibility of extending incubation for another 18 months based on progress. Seed funding may also be provided after six months, depending on the venture's potential.
Our Startups
During the initial years, startups at MUTBI were either from students or from outsiders. But, later, even faculty members got into entrepreneurship and MUTBI supported 10 such faculty driven/mentored BIRAC funded startups.
Graduated Startups
In recent years, 22 startups have graduated from MUTBI, with some continuing their ventures and thriving. These startups are primarily focused on healthcare, IT, and other sectors.
Healthcare Related Startups
Innovative solutions are being developed for eye care, early detection of diabetic complications, and rehabilitation for oral cancer patients. These include sensor-based insoles, automated devices, and an artificial larynx for voice restoration in post-operative patients.
Manipal-Government of
Karnataka Bioincubator
This is a joint venture between MAHE and Karnataka Biotechnology & Information Technology Services (KBITS). Bioincubator will act as technical business incubator for promotion and development of knowledge based enterprise into a successful business. Bioincubator aim to provide the world class facilities, infrastructure and services for the incubation of startups in the various domains of biopharma, biomedical devices, dental innovation, biotechnology, healthcare and diagnostic for the successful commercialization of an idea into an effective enterprise. Bioincubator also has 10,000 sq. ft. area consisting of dedicated and shared laboratories, offices, well equipped instrumentation and infrastructure for the translation of innovative idea to the business set up. Bioincubator started in 2018 and is operational since January 2019.
Both MUTBI and Bioincubator are part of MUTBI Society and are operating from the same premises in the Health Science campus of MAHE. Further details on bioincubator.manipal.edu
Manipal Universal Technology Business
Incubator (MUTBI)
4th Floor, Advanced Research Center, Madhav Nagar,
Manipal - 576 104
+ 91 820 2925051
mutbi.mit@manipal.edu
