The Technology Business Incubator TBI-NITC was set up by the National Institute of Technology Calicut at Kettangal, in Kozhikode district, India. It is supported by the National Science and Technology Entrepreneurship Development Board (NSTEDB) , Department of Science & Technology, Govt. of India, to incubate start-up industries in Information technology (IT) and electronics. The business incubator is facilitating economic development by improving the survival and growth of new entrepreneurial groups. They accelerate the development of young entrepreneurial start-ups and companies from early to mid-stage entrepreneurial development. TBI provide work space with shared office facilities and business and professional services necessary for nurturing and supporting early stage growth of technology and technology based enterprises.