Milestones
Milestones Achievement
A six-month incubation period at the Business Incubation Center (BIC)
Congratulations on the team being selected for the incubation period at the Business Incubation Center at the University of Gujrat! Being part of the National Expansion Plan of NICs is a great opportunity for your team to work on their startup ideas and have the potential to create an impact in the tech ecosystem of Pakistan. The Zero Equity Model is a great opportunity as it means that the incubation period will be completely free for your team. The 6-month cycle will provide your team with the resources and support they need to develop and grow their business, including mentoring, networking opportunities, and access to funding. This is a great step forward for your team and the National Expansion Plan of NICs to support startups in Pakistan.
They offered the following services to the inducted startups Digital Enlarge:
• Monthly Stipend
• Free Office Space
• Networking Opportunities
• Mentorship
• Business Development guidance
• Free Legal Assistance
Note: Incubated Period is between July 2021 to January 2022.
Please Visit at: https://nep.pitb.gov.pk/
Why its important!
A six-month incubation period at the Business Incubation Center (BIC) at the University of Gujrat is a great opportunity for a startup or early-stage company to receive support and resources to help them grow and develop their business. The BIC provides a wide range of services to help startups succeed, including mentoring, networking opportunities, and access to funding.
During the incubation period, startups will have the opportunity to work with experienced mentors who can provide guidance and advice on various aspects of business development, such as market research, product development, and fundraising. Startups will also have access to a network of other entrepreneurs and industry experts who can provide valuable insights and connections.
In addition, startups may have access to funding through the Zero Equity Model which means it is completely free for the inducted startups! This can help startups to secure the capital they need to get their business off the ground and grow.
Overall, the six-month incubation period at the BIC at the University of Gujrat is an excellent opportunity for startups to receive the support and resources they need to succeed.