Business Incubators help to improve the survival and growth of innovative start-up companies by providing facilities, management advice and support services. Since 2002, infodev has supported more than 60 business incubators in over 40 developing companies around the world. infodev is a global grant program managed by the World Bank to promote innovative projects on the use of information and communication technologies. STEP is a model interface institution, which delivers innovation, science and technology and entrepreneurship through training, development and consultancy initiatives. It was established in 1986 in the sprawling environs of Regional Engineering College, Tiruchirappalli is the first STEP in the country. It has been continually engaged in promoting a new genre of entrepreneurs and many new initiatives for ushering in technology based growth. World Bank – infodev
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