G L Bajaj Centre for Research and Incubation (GLBCRI) is set up by G.L. Bajaj Institute of Technology and management, Greater Noida. The company aims to promote innovation (to provide a platform where innovative ideas are generated) and entrepreneurship promotion (through self-Employment and talent utilization, wherein innovators would be supported and mentored to become successful entrepreneurs) through a combination of support services. This centre is funded and recognized under GoUP IT and Startup policy 2017 by Govt. of UP. The GBCRI is operating as an innovation hub providing incubation and expert hands-on support on cutting edge technologies for innovation, research, and software solutions, consultancy projects aiming to create a pool of student technology experts in the state.
Main objects defining nature of the business are:
a) Providing incubation or co-working space, lab space, new technological facilities, mentoring and advisory support, financial assistance through internal or external sources.
b) Network and linkage opportunities.
c) Training and skill development for entrepreneurship and better career opportunities.
d) Sector agnostic Research and development for prototyping and product development through innovation.
e) Consulting services to MSME and corporate for innovation and product development.