Business incubation center at the Institute of Space Technology (IST BIC) is working in collaboration with the Higher Education Commission of Pakistan (www.hec.gov.pk) to promote technology based business ideas and startups. The management of IST has envisioned the IST BIC as one of the Business Development Services (BDS) provider to serve the local entrepreneurial ecosystem. Companies graduated from the BIC would have the potential to create jobs, revitalize neighborhoods, commercialize new technologies, and strengthen the local and national economies.
The focus of IST BIC is to provide opportunity to the budding entrepreneurs, IST students, faculty and alumni to launch their own startups. The core objective for the establishment of IST BIC is to create a new breed of youth, who believe in their passion and would like to become the job creator rather the job seeker.
We serve our entrepreneurs by providing
- Physical and virtual office space.
- Co-working space.
- Mentoring and coaching.
- Qualified / technical faculty.
- Utility services.
- Commercialization and Marketing support.
- PR opportunity.
- Access to labs and equipment.
- Access to finance and investor connect.
- Technical and Business consultancy.
- Pre-incubation support