Tagore Centre for Green Technology Business Incubation (TCGTBI), a society registered under the Societies Registration Act, 1860 is set up to promote innovation and entrepreneurship by converting and translating technology ideas and innovation in various disciplines of science and engineering into products, processes, and services for commercial exploitation and the benefit of society.

To accomplish its goal, TCGTBI runs and manages a Business Incubator (BI) at Indian Institute of Engineering Science and Technology, Shibpur (IIEST, Shibpur) to facilitate incubation of new enterprises with innovative technologies by admitting them in BI and providing them physical, technical and networking supports and services.