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About Our Rungta Business Incubation

RuBI – platform of choice for startups in Chhattisgarh

Rungta Business Incubator (RUBI) from Rungta College of Engineering & Technology (RCET) is in the college campus in Bhilai, Chhattisgarh. We aim to build a vibrant and viable start-up ecosystem in the state of Chhattisgarh and the larger region.

We offer a range of support systems to assist and handhold startups. We also conduct several structured activities and programs to nurture innovations and creative ideas and convert them into successful enterprises.

Starting this year, RUBI has launched CHESS (Chhattisgarh Entrepreneurship and Startup Summit) as an annual national startup summit. The event this year, partnered by startup India and Startup Chhattisgarh and many other corporates and institutions, had extensive participation from startups, investors, government institutions, incubators from across the country.

A PLATFORM TO HELP IDEAS EVOLVE INTO WORLD CLASS ENTERPRISES

With RUBI, we have created a physical platform and support system for feasible project ideas, creativity and innovative thinking. It is among the earliest business incubators in the state of Chhattisgarh. RUBI is a state-of-the-art, work & development environment, housed in our both Campuses. It will provide aspiring and budding entrepreneurs modern office spaces, with robust technology infrastructure, development tools, test facilities, prototyping equipment and other product development equipment under one roof. The incubator will also provide support in guiding and mentoring projects, give access to early stage seed and angel investments, market outreach and linkages and access to latter series venture investments and other government and institutional funding. Another key support component available to entrepreneurs in RUBI is in statutory compliances, registrations, legal documentation & IPR, so the entrepreneur can focus on his core idea while domain experts would manage these important and essential, but non-core matters.

  • RuBi - First and Fully Functional Private Incubator of Chhattisgarh.
  • Registered with MSME, MOE and Startup India.
  • RCET & RCPSR has been Placed in Top 50-75 Colleges in India in terms of Innovation and Incubation in ARIIA Rankings conducted by Ministry of Education, Govt. of India in 2020.
  • Four-Star Rating to IIC (Institute Innovation Council) by MOE’s Innovation Cell. Govt. of India.
  • Top 3 in Smart India Hackathon (India’s Largest Hackathon) Conducted by AICTE
  • Tie up with National Entrepreneurship Network (NEN) through Wadhwani Foundation for Entrepreneurship Training offering six semesters of blended entrepreneurship courses.
  • Tie ups with Leading Accelerators & Incubators - Like 36 INC, Headstart etc.


Our Support Systems

At RUBI, we understand the challenges faced by startups. To assist entrepreneurs, we offer:

  • Mentorship Programs: Connect with experienced mentors who provide guidance and insights into various aspects of business development.
  • Funding Opportunities: Access to a network of investors and funding resources to help turn ideas into reality.
  • Workspace Solutions: State-of-the-art facilities and infrastructure to create a conducive environment for innovation.
  • Networking Events: Opportunities to connect with industry leaders, potential partners, and other startups.


Structured Activities and Programs

To further nurture innovation and creativity, RUBI conducts several structured activities and programs, including:

  • Workshops and Training Sessions: Focused on skills development in areas such as business planning, marketing, and technology.
  • Innovation Challenges: Competitions that encourage startups to develop and present innovative solutions to real-world problems.
  • Incubation Programs: Tailored support for startups at various stages of development, from ideation to scaling up.


Highlights of CHESS

Chattisgarh Entreprenurship and Startup Summit (CHESS) : CHESS is the annual startup summit event for Chhattisgarh and is an annual highpoint in the startup calendar for the region. The first summit CHESS23 (hyperlink link to CHESS23 website) was held in Sept 23. Thro the annual CHESS summits RUBI proposes to set up an enduring platform and ecosystem, comprising of a expanding network of stakeholders to support the startups in the state and indeed the entire region.

  • It was the largest startup gathering with all time high attendance till date in Chhattisgarh and in the region.
  • Over 25 investors came in person and several others confirmed partnership affirming interest to participate in the startup story of the state.
  • Startup India and startup Chhattisgarh and a host of other FI’s, institutions, investors partnered in the event.
  • Till date over 2.5 cr has been disbursed by private investors for startups which participated in the event. This excludes institutional funding that startups post the event thro networks built there.



Looking Ahead

RUBI is committed to continuing its efforts to build a robust startup ecosystem in Chhattisgarh. We look forward to hosting more events, expanding our support programs, and helping more startups achieve their goals. Join us in our mission to foster innovation, drive economic growth, and create a brighter future for entrepreneurs in the region.

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