NUST – Technology Incubation Centre (TIC)

April 18, 2008 5:10 am 7 comments

After all the success of SI, followed by a successful session at NIIT for students. Finally! something is happening at the academia end, a Technology Incubation Centre. More help! more startup’s!

“Technology Incubation Centre (TIC) is an initiative of the National University of Sciences and Technology (NUST), Pakistan to bring local academia and industry closer to each other. TIC is the first Technology Incubator of Pakistan established in academia. One of its major thrust is to incubate technology based start-up companies thus promoting entrepreneurship among researchers and technically skilled people. It is aimed at identifying opportunities of collaboration between industry and academia for the purpose of finding solutions to industry specific problems and new product development. TIC has a three pronged strategy i.e. incubate start-up technology based companies, collaborative research with industrial partners and engineering services for industry and SMEs.

TIC is among a number of other new NUST institutes being established at H-12 sector of Islamabad, Pakistan. The buildings and facilities of TIC at H-12 are expected to be made available by the year 2009. This facility will also act as an inward window for industry to NUST R&D resources and outward gateway for Researchers of NUST wishing to start their own business. It is planned to have floor space available for more than 70 hi-tech start-up companies at our new campus at H-12."

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7 Comments

  • Actually Ali – this has been open for 2 years here.

    There are 5 other incubation centers active in Karachi and Isb as well.

    The problem of all of them is that I haven’t heard one person saying good things about them yet (all of them) – they’re all either just a promotional gimmick, or a way of exploiting the entrepreneurs into giving away major shares for minor work.

    For TIC – their website and list of incubated companies hasnt been updated in nearly 2 years – I’ve been following it closely. I dont know who’s actually getting incubated, and neither does any of the NUST students that I’ve spoken to on this.

  • @Osama – I think this was the first (or may be second) incubation center in academia other than the one we have at LUMS.

    I have contacted the incubated companies for their input and through this post, i am hoping that any concerned person (associated with TIC) will respond.

  • The question there is whether or not an academic incubation can have any real impact at all – by their nature of research and focus, can academic people be up to speed with cutting edge BUSINESS techniques?

  • I second osama on this.

    You see, in order for something to be a hit in academia, you should have been working on it for X number of years, where x >2, (even if you are just sitting on it for 75% of the time). anything submitted quickly is considered not to be thought out and as such, not valid.

    its not their fault or anything, but the way that world works. deliberation and thought provoking idea’s are key, whereas in business, its considered analysis paralysis ;)

    that’s not to say that LUMS hasn’t produced some very good companies. The first i know of is lumensoft (anyone want to guess how they got their name:p) and others.

  • Hey everybody, when is MS Media Marketting officially starting? i’m not applying anywhere else while im waiting on this, so any help in this regard will be trasured.
    Thanks

  • Maria Hassan Qazi

    if i want to conduct a semminar of TIC awareness in collaboration with TIC from where should o I get my finances n sponsors for marketing i want ot let maximum of ppl know what realy is TIC…Seeking help

    Regards!

  • Yup well pointed out by osama we only possess few incubation centers and almost all of them aren’t performing any kind of real research. Hoping this new incubation center won’t follow the same thing.

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