NETRARIT FOUNDATION

In their own words

The Rajarambapu Institute of Technology (RIT) has taken a leadership role in the Western Maharashtra for Development of an Incubation Centre, NETRARIT Foundation NRiT RIT-TBI (NRiT), a 12A, 80G & CSR1 Certified Section (8) Company (CIN: U85300PN2019NPL182641), under the Host Kasegaon Education Society’s Rajarambapu Institute of Technology, Rajaramnagar, Islampur, Tal. Walwa, Dist. Sangli (MS). Pin. 415414, with the vision to catalyse the growth of an innovation driven entrepreneurial ecosystem for inclusive socioeconomic development in the Western Maharashtra. The idea behind this initiative is to develop an Entrepreneurial Eco-System in western Maharashtra. It is engaged in Pre-incubation, Incubation and Startup Support Activities at RIT, Rajaramnagar Campus. NRiT is supported by Maharashtra State Innovation Society (MSInS), Govt. of Maharashtra with INR 5 Cr for the period of Five Years to nurture the Startup & Entrepreneurial Ecosystem in the Western Maharashtra and in turn, it is supporting 30 plus Incubated Startups with variety of Incubator Services like Mentorship, Co-working Space, Pre-incubation & Incubation Support, Prototype & Product Development Support, IP Support, Funding Support, Market & Client Connect, Branding & Networking Support, etc. 1. Vision / Mission of the incubator ● Vision: To catalyse the growth of an innovation driven entrepreneurial ecosystem for inclusive socioeconomic development in the Western Maharashtra. ● Mission: To develop & convert Ideas into working prototypes/products in multi-disciplinary domains by understanding customer needs based on real problems and commercializing them through Industry-Academic Partnerships to develop entrepreneurial startup ecosystems in Rural areas. ● Goal: To develop NRiT RIT-TBI as an Innovation Center with 100 successful Startups by the end of 2025-30.

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