Technology Incubation and Entrepreneurship Training Society (TIETS) is a dynamic virtual incubation unlike STEP program at IIT Kharagpur (KGP) for entrepreneurship development society. It seeded the efforts to create an all inclusive funding infrastructure at IIT Kharagpur. It was started in the year 2006. Creation of such an infrastructure triggered the invocation of the entrepreneurship process lifecycle of ideation, incubation and integration among the students and alumni of this institution. TIETS has created an avenue for its incubatees where they get the fund support, mentoring, evaluation and prototype branding. The activities of the society are just the complementary of Science & Technology Entrepreneurs’ Park (STEP) of IIT KGP. STEP provides the real incubation space to its incubatees. The activities of TIETS has lead to the formation of the entrepreneurship cell of IIT KGP run by the students under the guidance Prof. Dhrubes Biswas, the Prof-in-Charge of Incubation & Entrepreneurship programs of IIT KGP. This forum is an opportunity for the student entrepreneurs to give their idea a trial with the help of TIETS. This also guided the way to develop coursewares and a variety of training programs for IIT stakeholders and public at large.
The Incubation and Entrepreneurship programme at IIT Kharagpur has a vibrant Entrepreneurship Cell (E-Cell). It is a non-profit student organization, dedicated to the cause of promoting entrepreneurship among students. It invites various eminent entrepreneurs to deliver lectures to educate students about the joys and hardships of entrepreneurship. Guest Lectures,Business Plan workshops Case study workshops, Knowledge Camps, patent workshops are conducted throughout the year to involve students in activities that are essential to an entrepreneur. E-Cell also actively incubates startup ideas by linking the right investors with the right entrepreneurs.