The National Technology Incubation Programme (TIP) is a veritable Institutional Mechanism for commercialization of Research and Development (R & D) results.  It is an integrated support programme designed to assist budding entrepreneurs in the development of new technology-based firms both start-up and fledglings. It seeks to effectively link talent, technology, capital and know-how to leverage entrepreneurial talent in order to accelerate development of new companies and speedy commercialization of R & D and innovation.  It also helps in value reorientation by creating an environment for changing the attitude towards personal initiative, creativity innovation, risk-taking and entrepreneurship.

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The policy thrust of the Technology Incubation Programme is to pursue the commercialization of technologies and technical innovations using Technology Incubation as a tool in order to enhance the attainment of technological, industrial, social and economic competitiveness of the country and improve the quality of life of its citizens.