With strong conviction of unleashing true potential, and in its steady strides towards promoting entrepreneurship ecosystem regionally and globally, Business Incubation Center of NUML –BICON was established in 2017 as an auxiliary unit of ORIC under the auspices of HEC with a strategic aim of providing breeding ground to future Business Icons through triggering entrepreneurial spirit, providing state-of-the-art infrastructure, supporting problem solving innovation, building market intelligence and strengthening business development by 2020.
At BICON, we nurture creative business ideas to successful startups. The rudimentary aim of BICON is to promote startups that have a business viability but have financial constraints and are not self-sustained. Through the provision of infrastructure, mentorship, networking, customized training programs, marketing assistance, business regulatory compliance, assistance in co registration and legal procedures incubates new start-ups to successful ventures.
Business Incubation Center of NUML- a flagship project of HEC is thoughtfully designed to cater the ambitious minds & has open a myriad of opportunities for budding entrepreneurs. The center has been instrumental in cultivating the entrepreneurship skills among aspiring entrepreneurs.
It will continue to instill & accelerate a wave & spirit of entrepreneurship, in a bid to sustain & strengthen academia, economy & society.
Business Incubation Center of NUML (B ICON) seeks and channelizes potential entrepreneurs Beyond ICON ship. We believe in Bringing Innovation (Beyond Infinity) by providing (diverse) Context to (existing) Objects through Novelty
We believe that ultimate solution (of the nation) hides in (identifying and realizing entrepreneurial potential of the youth to be) I. In today’s competitive world, all solutions hide in Iqbal’s Ideology about ‘I’. This ‘I’ is for Institutions to Incubate Innovations of Individuals. B ICON provides platform to NUML associates in particular and to HEI associates in general to incubate their ideas and channelize their potential to transform (vague) opportunity into (great) success.
To sustain academia, economy and society through startup ecosystem by drifting job-centric academic orientation to society led innovation exploitation.
To be among top five leading incubators of Pakistan in providing breeding ground for future Business Icons through triggering entrepreneurial spirit, providing state-of-the-art infrastructure, supporting problem solving innovation, building market intelligence and strengthening business development by 2020
- To foster the spirit of social and technological entrepreneurship in the youth in general and in women in particular.
- To transform innovation and ideas into market led products and services through research and commercialization.
- To nurture the culture of start-ups, scale ups and spin-offs by providing entrepreneurial development eco-system
- To facilitate networking with industrial experts, entrepreneurs, idea generation and business creation.
- To Strengthen linkages with the local business community, R&D institutions, funding agencies, start-up investors and other incubation networks
- Physical infrastructure and support systems to young entrepreneurs necessary for pre-incubation, incubation and post incubation stages.
- Assist in company registration, business regulatory compliance, intellectual property management, office management and other legal services