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    Business Incubation Center

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    Fati ma
    The document discusses the history and types of business incubation centers. It outlines the process from pre-incubation to post-incubation support provided at such centers. Examples of business incubation centers in Pakistan are provided, including the first one established in 2005 at NUST. The document then focuses on establishing a business incubation center at Dawood University of Engineering and Technology in Karachi. It discusses the vision, mission and legal framework, and contributions to develop a state-of-the-art center are outlined.

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    Business Incubation Center

    Uploaded by

    Fati ma
    103 views40 pages
    The document discusses the history and types of business incubation centers. It outlines the process from pre-incubation to post-incubation support provided at such centers. Examples of business incubation centers in Pakistan are provided, including the first one established in 2005 at NUST. The document then focuses on establishing a business incubation center at Dawood University of Engineering and Technology in Karachi. It discusses the vision, mission and legal framework, and contributions to develop a state-of-the-art center are outlined.

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    BIC

    Original Title

    BUSINESS INCUBATION CENTER

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    The document discusses the history and types of business incubation centers. It outlines the process from pre-incubation to post-incubation support provided at such centers. Examples of business incubation centers in Pakistan are provided, including the first one established in 2005 at NUST. The document then focuses on establishing a business incubation center at Dawood University of Engineering and Technology in Karachi. It discusses the vision, mission and legal framework, and contributions to develop a state-of-the-art center are outlined.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    103 views40 pages

    Business Incubation Center

    Uploaded by

    Fati ma
    The document discusses the history and types of business incubation centers. It outlines the process from pre-incubation to post-incubation support provided at such centers. Examples of business incubation centers in Pakistan are provided, including the first one established in 2005 at NUST. The document then focuses on establishing a business incubation center at Dawood University of Engineering and Technology in Karachi. It discusses the vision, mission and legal framework, and contributions to develop a state-of-the-art center are outlined.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 40
    At a glance
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    The key takeaways are the history and establishment of business incubation centers globally and in Pakistan, their role in fostering entrepreneurship and supporting startups, and the process of setting up a state-of-the-art business incubation center at DUET.

    The document mentions business incubation centers in the United States (1959), United Kingdom (1970s), China (1987), Pakistan (2005), India (2005). It also lists some examples like YCombinator in USA and TiC at NUST in Pakistan.

    The stages mentioned are pre-incubation application, incubation period, and post-incubation period. Each stage involves the development and support of new business ideas, products, technologies, and services for startups.

    Dr.

    Abdul Sami Rajput


    Director,
    Business Incubation Center,
    DUET.

    Tuesday, 16 August 2022


    -History
    -Types
    -Creating Conducive Space
    -Start-up to Mature Cycle
    -University Curriculum -Development
    -Fostering Talent
    -Raising Funding Capital
    -Business Incubation Centers in
    Pakistan
    -Establishment of BIC, DUET.
    -Legal Framework and support
    History
    United States in 1959 - Batavia Industrial Center in a Batavia, New York.
    Joseph L Mancuso, "Father of Business Incubation" by Mancuso Business Development Group

    United Kingdom in the 1970s.

    China in 1987 – Wuhan Business Incubator

    India in 2005 – Ycombinator of USA


    Since 2005, It has invested in over 3,000 companies that are worth over $400B combined.

    Pakistan in 2005 Being the first technology and entrepreneurship incubator


    TiC: Technology of Pakistan. It provides a conducive environment to start
    Incubation Center, up businesses with all the necessary office facilities under
    NUST. one roof over an area of 33000 sq. ft.
    Incubation

    The process of incubating eggs,


    cells, bacteria, a disease, etc.
    Types
    Creating
    Conducive Space

    • Innovation is not a 9-5 Job


    • Bringing entrepreneurial mind-
    sets together to Collaborate,
    Collaborate and Collaborate…
    • Facilitate people with tools and
    see results.
    Start-up to Mature Cycle
    Post
    Pre-Incubation Application Incubation Incubation
    Period

    Development of -Screening of -Conducive Monitoring


    -New Business Idea Presentation/Pitch Environment Growth
    -New Products -Consultations -Individual/Group Business Support
    -New Technologies -Financial Prognoses Workspace Success stories
    -New ways of Services -Individual Business Mentoring Networking
    Plan Funding Support Contribution to growth
    Administrative Services of economy
    Specialized services
    Trainings & Events
    Development

    Vision and Mission of University Entrepreneurship


    PEC Outcome Based Education Utilization of Technology
    PLOs, PEO Use of Innovative Solutions
    Academia + Industr
    Entrepreneurship Lab. (Knowledge) (Practitioners)
    y Economic Growth
    Fostering Talent
    • Brilliant Minds
    • Coaching and Mentoring
    • Future Skills
    • Develop future workforce
    • Bring Innovations
    • Promote Businesses
    Raising Funding Capital
    HEC/SHEC Support
    Alumni Network Support
    (Crowdfunding)
    Personal Contacts
    Angel Investment Venture Capitalists
    An angel investor is an individual A venture capitalist (VC) is a
    who provides capital for a private equity investor that
    business or businesses start-up, provides capital to companies
    usually in exchange for with high growth potential in
    convertible debt or ownership exchange for an equity stake.
    equity. This could be funding startup
    Angel investors usually give ventures or supporting small
    support to start-ups at the initial companies that wish to expand
    moments and when most but do not have access to equities
    investors are not prepared to markets.
    back them. https://www.investopedia.com/
    Business Incubation Centers in Pakistan
    Including Academic Institutes,
    Non-Profit, For Profit property
    development, Venture Capital
    Firms
    NIC Lahore 4:03 min

    NIC Karachi 2:26 min

    NIC Islamabad

    The Nest I/O 3:30 min


    Academic Institutes…
    Dawood University of Engineering
    and Technology, Karachi.

    45 ?
    Academic Institutes…
    Establishment of Business Incubation Center
    at Dawood University of Engineering & Technology, Karachi.
    Vision
    To achieve technopreneurial excellence.
     
    Mission
     
    BIC-DUET works to achieve vision by collaborating with
    university, industry, and business communities to
    introduce innovative solutions for existing problems of
    society at large by bringing gap of technopreneurs and
    venture capitalists, and to contribute to the sustainable
    growth of economy.

    Establishment of Business Incubation Center


    at Dawood University of Engineering & Technology, Karachi.
    Legal Framework and support
    Establishment of Business Incubation Centers Program.
    Legal Framework and support
    Establishment of Business Incubation Centers Program.

    18 July 2022 – Launch of BRI Entrepreneurship Program with China.

    17 June 2022 – Started operations at BIC Office.


    (Main Corridor, Opposite Dean office, Faculty of
    Engineering)
    28 May 2022 – HEC Funded Sindh Consortium of Universities
    20 April 2022 – Dr. Abdul Sami, Director, BIC, DUET.
    16 February 2022 – Approval of HEC Policy by Senate.
    September 2021 – Dr. Fauzia Idrees Abro left DUET.
    March 2021 – Dr. Fauzia Idrees Abro, Director, BIC, DUET.
    SUCCESS STORIES OF BIC

    Started on
    On Monday, 18th July 2022
    Pak-China Training Program
    SUCCESS STORIES OF BIC

    More than 50 Companies doing sales operations in China.


    SUCCESS STORIES OF BIC

    HEC Funded Sindh


    Business Incubators
    SUCCESS STORIES OF BIC
    1st Cohort
    5 Startup
    companies
    Hafsa Shamim
    D-19-TE-14 Syed Ruwaim Ali.
    Telecommunication Engineering 21F-CH-13
    Carol Technology AQUI Chemical engineering
    Thermbox

    Syed Muddassir Raza Envirotronix D-Nest


    D-19-MM-39 Saqib Ibtesam
    Metallurgy and Materials Engineering CS Batch 19 ES Batch 19F
    AageBarho Inc.Practical projects
    SUCCESS STORIES OF BIC

    Total

    55
    Companies
    @BIC
    Contribute Expertise to Establish State-of-the-
    Art Business Incubation Center.

    Site
    Allocated
    at DUET.
    Contribute Expertise to Establish State-of-the-
    Art Business Incubation Center.
    • Reception & Waiting Area (10 • Office of Director BIC
    perons) • Accounts Section,
    • 01 Seminar Hall with sitting
    • Media and Marketing Section
    arrangements of 100-150
    persons • Product Design and Development
    Section
    • 01 Executive Conference room
    (20 persons) • Inspirational & Motivational Quotations
    and Sayings
    • 03 Startup meeting rooms
    • Smart Lightings
    • 05 Private rooms for mature
    startups with Glass structure. • Overall Corporate and Cozy touch
    • 02 Lifts for all floors • Kitchen, Cafeteria, Canteen and Café
    with private franchise (buttlers
    • Administrative office for sitting
    Chocolate, Gloria Jeans, Nicos etc).
    of 10 Staff members (one Table
    one Chair) • Public Toilet
    Contribute Expertise to Establish State-of-the-
    Art Business Incubation Center.

    1: Recognition Wall
    2: Motivational Quotes in interior
    3: Lighting and Colours
    4: Utilize Green View
    5: Use of Glass
    6: Funding Wall
    7: Seminar Hall
    8: Conference Room
    9: Admin Offices and Incubatees Rooms
    Contribute Expertise to Establish State-of-the-
    Art Business Incubation Center.

    • Propose State-of-the-art design of BIC in


    collaboration with Department of
    Architecture and Planning (4th Year
    Students).

    • Now we will proceed to allocated site at


    Jinnah campus.
    Contribute to Establish Business Incubation Center
    at Dawood University of Engineering & Technology, Karachi.

    THANK YOU
    K2, at 8,611 metres (28,251 ft) above sea level, is the second-highest mountain on Earth, after Mount
    Everest (at 8,849 metres (29,032 ft)).
    Contribute to Establish Business Incubation Center
    Prideat of Pakistan
    Dawood University of Engineering & Technology, Karachi.

    THANK YOU
    K2, at 8,611 metres (28,251 ft) above sea level, is the second-highest mountain on Earth, after Mount
    Everest (at 8,849 metres (29,032 ft)).

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