TBI-UoM is hosted by University of Madras which is one of the oldest Universities in the country having been established in the year 1839. University of Madras has several Departments and Centers of Excellence broadly grouped as Chemical, Physical, Material, Biological and Basic Medical Sciences spread over at 2 campuses -- Guindy and Taramani . The University faculty members of these science groups with rich research and development background provide mentoring and technical guidance to the start ups. Currently TBI-UoM has two physical incubatees and offering virtual services to four incubatees.

Besides promotion of entrepreneurship TBI-UoM is also engaged in the promotion of innovation. Currently TBI-UoM is mentoring twelve innovators who have availed Technopreneur Promotion Programme (TePP) grants from DSIR and the projects are at various stages of progress.
Recognizing the work carried out by the TBI-UoM, DSIR has granted the status of TePP Outreach Centre (TUC) which is one amongst twenty nine outreach centres in the country.