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Call for Applications: Recognition of BICs

Seize the opportunity to drive innovation! HEC calls for applications to recognize Business Incubation Centers. No funding involved; it’s about acknowledgment and visibility. Fueling economic growth through incubation, providing administrative, consulting, and networking services, along with affordable startup spaces.

Call for Applications: Recognition of BICs

A chance for private higher education institutions to gain HEC recognition for their Business Incubation Centers.

๐ŸŒŸ Who Should Apply?

  • Higher Ed Institutions (Private Sector)

๐Ÿ“š Eligibility Criteria:

  • Operational BIC as per HEC BIC Policy 2021.
  • HEC-recognized/funded BIC under the consortia model.
  • Proven research commercialization/entrepreneurial ecosystem.

๐Ÿšจ Important Note: No funding commitment involved! Purely about acknowledgement and visibility.

๐Ÿ”— Application Submission: Apply Here

๐Ÿ“… How to Apply:

  • Proposals accepted via Call for Proposals.
  • Deadline for Submission: 22nd September 2023.
  • Eligibility Criteria:
    • Public Sector HEIs: Functional HEC-recognized ORIC.
    • Private Sector HEIs: Application via Public Sector HEI consortium.

๐Ÿ“Š Startup Landscape:

  • 177 Startups Incubated
  • 94 Faculty Startups as Spin-offs
  • 407 Students/Alumni as Startups
  • 88 Funding Secured for Faculty/Student/Alumni Startups by the BIC
  • 94 Funding Secured by Faculty/Student/Alumni Startups
  • 92 Venture Capitalist/Angel Investment/Seed Funding Secured by Startups
  • 103 Seed Funding Opportunities for Startups
  • 187 Incubation Training Programs/Courses for Startups
  • 340 Industries/Stakeholders/Mentors/Corporate Partners for Startups
  • 444 Professional Links (MOUs/Licenses/MTAs/CDAs, etc.) by BIC/Startups
  • 336 University Awareness Seminars
  • 296 Participation of Faculty/Students in Training Workshops
  • 340 Number of Trainings, Workshops/Seminars
  • 103 Entrepreneurial Courses for Startups/University Students

๐Ÿ“ข About HEC:

The Higher Education Commission Pakistan champions innovation! Join the BICs program to nurture startups, spin-offs, and innovative companies. Our aim is to fuel economic growth through robust incubation, providing administrative, consulting, and networking services, along with affordable startup spaces. BICs are catalysts for job creation and the revitalization of innovative communities.

๐ŸŒ Seize the Opportunity to Drive Innovation!

#HEC #BIC #InnovationHub #Entrepreneurship #ApplyNow

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