TIMEIS - Web Portal
Innovation Management Entrepreneurship and Information Services
the past decade of operation of National Science & Technology
Entrepreneurship Development Board (NSTEDB), it was observed
that the lack of information; be it regarding the technology,
raw material or the market is a stumbling block in the way
of success of budding entrepreneurs. While the bigger players
in the field have the means to employ market research agencies,
the small entrepreneurs don't have enough resources to avail
such services. This portal has been designed to address the
needs of such small but promising entrepreneurs and to help
them to carve a niche for themselves.
With the popularisation
of the Internet, the information delivery scenario has undergone
a dramatic change. Information on any topic in any form (text/audio/video)
is available freely on the net. Whether it is information
on sources of raw material or query from a prospective client
abroad wanting to know about the products and services available,
the Internet offers a perfect delivery medium for an entrepreneur.
Infact with the introduction of electronic-commerce (e-commerce)
and electronic money (e-cash), the methodology of conducting
business is undergoing change globally.
website was launched by the then Minister for S&T on Technology
Day 2000. Keeping in view the emergence of Internet as a powerful
communication tool, the idea of developing a website, TIME
IS, on Internet was conceived.
IS aims at creating a knowledge base for budding techno-entrepreneurs
to enable them to retrieve information and guidance for setting
up their units from a single source. Since the Internet based
database and website services are time and distance independent,
potential entrepreneurs would find it extremely convenient
to use this portal regardless of their geographical location.
This methodology of reaching out to vast numbers of potential
entrepreneurs is very effective, thanks to privatization of
Internet Service Providers (ISPs) by Govt. of India.
In order to keep
the entrepreneurs abreast of the latest developments in the
arena of science and technology, periodic review meetings
are being held and efforts are being made to make the site
content rich and useful for potential entrepreneurs. The website
is now extremely popular and has already crossed a hit rate
of over one lakh.
TIME IS aims at bringing the information
on financial, managerial and technology inputs within easy
reach of the entrepreneurs and thus keep them updated about
the ever-changing business scenario. The project is an endeavor
to enable the potential entrepreneurs not only to survive
but also remain competitive in the face of stiff competition
from bigger MNCs.
of the key services of the portal are:
To assist entrepreneurs in locating technologies available
from various laboratories and companies in India
To keep entrepreneurs informed about salient technologies
in different sectors
To assist R&D institutions in both public and private
sectors to publicise adequate information about the technologies
available with status and cost details
To provide information about incentives available for setting
up industries in different states
To provide information about the policy and legal framework
applicable to setting up of various types of business enterprises
To provide information about appraisal methodologies adopted
by various financial institutions