â€œWe provide an environment that attracts and nurtures technology based start-up companies transforming them into commercially viable enterprisesâ€
- To help potential entrepreneurs such as students, NUST faculty, and general public to incubate their technology based companies.
- To provide support to NUST colleges/institutes/centers for patenting their research and development work
- To liaison with private/public sector enterprises and funding sources, govt. agencies, industrial associations, chambers and FPCCI to provide facilitation and networking for incubatee companies
Technology Incubation Centre (TIC) was established in 2004 by Pakistanâ€™s premier university â€˜National University of Sciences and Technologyâ€™ as a means to replicate the concept of incubators in Pakistan. TIC is part of universityâ€™s drive to prove itself as a world class learning center and is amongst many advanced institutions being set-up at its four km2 wide state-of-the-art new campus. Since the buildings at new campus were a bit into the future thatâ€™s why TIC was set up in a rented accommodation at the time of its inception with a space of six companies. This space over the time became insufficient and TIC had to hire additional accommodation increasing the total number of available offices spaces to 13. TIC hopes to move to its custom built facility by the mid of year 2009 and expects significant growth in the number of its client firms.
TIC team is closely knitted groups of four categories; namely, Senior Management, Business Development Group, Enterprise Development Officers and Support Group.