The Higher Education Commission (HEC) actively promotes the establishment of Business Incubation Centers (BICs) within Higher Education Institutions (HEIs) across Pakistan. These centers are designed to offer state-of-the-art infrastructure and essential resources to researchers and young entrepreneurs, enabling them to develop and scale early-stage business ventures. The primary objective of a business incubator is to nurture startups until they become financially sustainable and capable of operating independently.
In today's fast-paced innovation landscape, business incubators play a crucial role in supporting startups by providing a comprehensive range of services and resources tailored to the unique needs of emerging businesses. These services are either directly offered by the incubator or facilitated through a robust network of industry connections. Graduates of these incubator programs are not just job seekers but job creators, driving economic growth by generating employment, revitalizing communities, commercializing cutting-edge technologies, and strengthening both local and national economies. The focus is on empowering new graduates to become the entrepreneurs and innovators of tomorrow.