The NICF incubation is a startup incubator that accelerates the development of the start-ups and companies by providing them access to curriculum, workshops, mentoring & coaching and world class facilities. At NIC Faisalabad, our mission is to help build the next wave of Agri tech and Textile tech startups.
FAQs
What is the NICF Incubation Program?
How can I become part of the incubation program at National Incubation Center (NIC) Faisalabad?
Please refer to our eligibility criteria. Startups are requested to regularly visit NIC Faisalabad website and social media pages to apply as applications open twice a year. The applications are then screened by a panel of judges; if shortlisted, the startups are called in for rapid pitching. The founders who pass the pitching round are selected for the incubation program.
What services can a Startup avail from NIC Faisalabad?
NIC Faisalabad provides a wide range of services to Startups including Entrepreneurial mindset development, Capacity Building, Mentorship, Networking, Forward Market Linkages, Regulatory Support (Registration, Patents and certification), In-house office space, Startup Valuation, Investment Readiness, and Technical Advisory in order to groom them to become successful entrepreneurs.
Can I get financial assistance after enrolling into incubation program?
No. NIC Faisalabad doesn’t offer financial assistance. We aim to facilitate startups to empower them through revenue streams, investments from venture capitalists and funds from various financial institutions that support startups.
Will NIC Faisalabad market my product?
NIC Faisalabad only facilitates market linkages and product promotion by networking. We also offer capacity building and mentorship assistance for product/ services branding, marketing, promotion, and sales. But we don’t market or sell products for startups.
Will in-house office space be charged?
The in-house coworking office space is offered free of cost to startups incubated at NIC Faisalabad.
What is National Incubation Center (NIC) Faisalabad?
The National Incubation Center (NIC) Faisalabad is a platform for innovators, mentors, change-makers and passionate leaders. The NICF is funded by Ignite, Ministry of Information Technology and Telecom and managed by a consortium of partner organisations consisting of Fauji Fertilizer Ltd, Change Mechanics Pvt Ltd, Cyber Vision International, Mahmood Group of Industries and Founder Institute.
Does NIC Faisalabad conduct training programmes? If so, what are those programmes?
Yes, we offer extensive trainings to our Startups in three major categories: Hatchery, Incubation, and Plus. Our curriculum includes the battle-tested and globally renowned Founder Institute curriculum as well as a series of specially curated workshops and boot camps to help you cover the entirety of the startup life cycle. This curriculum and training methodology are guaranteed to give your startup an unbeatable edge.
Can an established enterprise have its office setup at NIC Faisalabad?
Yes, an established enterprise can have their offices at NIC Faisalabad if they are eligible for the PLUS program and on a minimal infrastructure usage fee.
What are the physical facilities available at NIC Faisalabad?
NIC Faisalabad has the following facilities:
1. In-house coworking office space
2. Dedicated broadband connection
3. Conference Room with virtual meetings support
4. Training/ Workshop Hall
5. An activity area and exhibition hall
6. Shared Resource (Printer/ Photo Copier/ Scanning/ Telephonic Connection)
7. Dedicated Guests and Visitor’s Lounge
8. Café and Recreational Area