Ramaiah University of Applied Sciences (RUAS), Bangalore has established a Technology Product Incubation and Entrepreneurship development Centre to encourage students and general public to participate in technology development and set up their own enterprises. And the center is also recognized as a Technology Business Incubator in the year 2013 .This center bridges the gap between industry and academics. This has a focus on MSME to encourage entrepreneurs to develop marketable products under the NMCP scheme for supporting and encouraging innovative technology business ideas from individuals, Micro and Small Enterprises. The Centre presently facilitates incubates through financial assistance from MSME- New Delhi. The University faculty members advise incubatees on Technology Product Development, Patenting, Commercialization, Marketing, Business Set up and Operations, and Human Resource Sourcing and Development though this Centre .The center has successfully incubated 15 ideas, out of which 6 have graduated and reached the commercialization stage and 9 are ongoing.