- About RTBI
IIT Madras' Rural Technology and Business Incubator (RTBI) is a registered not-for-profit society (under Section 10 of the TamilNadu Societies Registration Act, 1975). Established on the 16th Oct 2006 as a formal business incubator with the inception support of the Department of Science and Technology (DST), Government of India and World Bank's Infodev arm, the aim of RTBI is to support rural and social inclusive start-ups, primarily those that enable scalable products and services for the under-served and bottom-of-the-pyramid segment.
The methodology is two pronged:
Identifying ways and means to strengthen entrepreneurs with business models for innovative, low-cost and relevant products and services. A company with a successful business model is a sure way to inspire similar companies.
Developing depth and understanding of the underserved segments by sustained efforts (including a variety of independently funded initiatives) via grass root trials (involving technology creation, business modeling, service design, etc.) in areas like agriculture, education, financial inclusion, healthcare and livelihood.