Dr. Abid Parvez Ghuman, Director General – Technology Incubation Centre

Business Incubation accelerates the development of entrepreneurial companies through an array of business support resources and services, developed or orchestrated by incubator management and offered both in the incubator and through its network of contacts. Technology Incubation Centre (TIC) hosts technology ventures and provides a platform to promote knowledge-based enterprise development, create jobs and economic diversification.

Since TIC has passed three years of its operational life, it has gone through different progressions. We at TIC will be developing our strategies with the help of a core nucleus of experts which will be termed as “Advisory Board for TIC”. This board will consist of members from different fields like Financial Institutions, Production, Engineers, Business Experts, Industrialists, Real Estate, etc.

The process of developing a state of the art Technology Park is in progress at the new Smart NUST Campus at Sector H-12 Islamabad. This will be the first technology park in Pakistan which will be developed as a means of supporting a knowledge-based economy, and fostering market-oriented technological development. The Technology Incubation Tower being built in the H-12 Sector can accommodate more than 15 hi-tech start-up companies. A number of these companies would graduate out from our Technology Incubator into our country’s first Technology Park creating hundreds of new job opportunities thus stimulating technology based economic growth.