Lately, there has been a surge in the number of businessmen coming to expand into a viable business in Islamabad. The city is also gaining importance as one of the most sought-after places for business software development due to its central position. However, starting and maintaining a business can be challenging so an incubator has been formed to aid entrepreneurs new to the area with startup tips, guidance, and more. Following are the top 10 business incubation centers in Islamabad.
List of Best Business Incubation Centers in Islamabad – Professional Business Accelerators
1. The Founder Institute
The Founder Institute is the largest startup accelerator in the world, having established 1,800 businesses in more than 65 countries. If you are looking for a Technology incubation center, the Founder Institute can help you launch your dream company in just 3.5 months. Their extensive program offers you the framework, mentors, and worldwide network of peers required to launch a long-lasting business.
The Founder Institute – Business Incubation Center arranges events, workshops, and programs related to startup development. The focus is to develop an entrepreneurial culture and provide a space for innovative minds to network, collaborate and grow. The Founder Institute offers various services such as equity-free seed funding, authoring of business plans, expert mentorship sessions, educational resources on starting a company, and access to a global community of entrepreneurs.
Some popular initiatives by the Founder Institute in Pakistan include the “Startup Battlefield” event which provides early-stage startups with an opportunity to pitch their businesses in front of venture capitalists and tech industry veterans. The pitches are followed by feedback sessions aimed at helping startups improve their businesses.
2. TIC – NUST
TIC – NUST – The incubation center in Islamabad has always welcomed new fresh and innovative start-ups. It offers a simple entryway for the commercialization of items from research and development. The center has ample opportunities for entrepreneurs to interact with different business mentors, incubation experts, and successful businessmen. They offer suggestions and help in finalizing the business models. The ambiance of TIC is very professional which helps in developing a working attitude.
The main aim of TIC is to create an environment that helps in the growth and development of new businesses. The experienced staff at TIC provides all the necessary support to startup companies, right from initial ideation to eventually taking the product/service to market. They also have a good network of contacts which can be helpful for startups looking to get their products/services off the ground.
3. BIC – COMSATS
The BIC-COMSATS Incubation Centre (CIC) is a world-class incubation facility established in Islamabad, Pakistan. It is a joint initiative of the Business Incubation Centre (BIC), COMSATS Institute of Information Technology (CIIT), and the Government of Pakistan. The CIC provides a conducive environment for nurturing entrepreneurs and promoting innovation and technology commercialization. The CIC offers state-of-the-art infrastructural facilities, business support services, and access to financing for innovative startup companies.
4. ICT R&D Fund
The ICT R&D Fund – Technology incubation center is a world-class facility that provides state-of-the-art infrastructure and services to start-ups and small businesses. The facility is equipped with the latest technology and equipment, which helps startups to validate their business models, test their products and services, and scale up their operations. In addition, the incubation center offers mentorship and training programs to help startups grow their businesses.
5. Cloud9 Startups
Started in early 2016, Cloud9 Startups is an incubation and acceleration center located in Islamabad, Pakistan. It is a first-of-its-kind initiative in the country that provides a comprehensive range of services and support to early-stage startups. The vision of Cloud9 Startups is to support young entrepreneurs in transforming their original business concepts into profitable enterprises.
To assist entrepreneurs in expanding and scaling their businesses, Cloud9 Startups provides a range of services and programs. These include mentorship and coaching from experienced entrepreneurs, access to funding and investment opportunities, workspace, and infrastructure support, and more. In addition, the startup incubator also provides education and training programs on various aspects of starting and running a business.
So far, Cloud9 Startups has supported over 30 startups from across Pakistan with its incubation program. These startups are working on a wide range of products and services including healthcare technology, fintech, food delivery, and e-commerce.
6. Jazz’s National Incubation Center
Jazz’s National Incubation Center Islamabad is a place for startups to work on their businesses. It is also a place for members of the jazz community to come together and collaborate. The center has been open for a year and a half and has already helped many businesses get off the ground.
The Jazz National Incubation Center in Islamabad provides an important space for startups in Pakistan to grow their businesses. In addition to being a hub of activity for the Jazz community, the incubation center has helped numerous fledgling businesses take their first steps toward success. Since opening its doors 18 months ago, the center has been instrumental in providing resources and support to entrepreneurs across Pakistan.
The Jazz National Incubation Center is just one example of how Jazz is investing in Pakistan’s future. By supporting entrepreneurship and offering access to valuable resources, Jazz is helping create an environment where businesses can thrive. This commitment not only benefits those who are starting new businesses but also helps boost Pakistan’s economy as a whole.
7. Telenor Velocity
Telenor Velocity Incubation Center Islamabad has been nurturing and developing start-ups for the last four years. It is a collaborative space where entrepreneurs can come to test new ideas, get feedback from their peers, and access resources to help them grow their businesses. The incubation center has helped launch over 50 start-ups, which have gone on to create jobs and generate revenue.
It is a great place for entrepreneurs to get their start. The center provides access to resources and support that can help them grow their businesses. Over the course of four years, the incubation center has helped launch over 50 successful startups. These businesses have created jobs and generated revenue for the local economy.
8. TiE Islamabad Chapter
TiE Islamabad Chapter Incubation Center has been providing acceleration and incubation facilities to startups since its establishment in 2006. The objective of the incubation is to provide an environment for entrepreneurs where they can test their ideas and business models with minimum risk and resources. Since its inception, the Islamabad Chapter has accelerated and incubated over 60 startups, which have gone on to become successful businesses. The Chapter has a strong focus on impactful sectors such as healthcare, education, energy, and agriculture. In addition to providing financial support, the Islamabad Chapter also provides mentorship, access to a network of experts, and office space to startups.
9. Invest2Innovate (i2i)
Invest2Innovate (i2i) Incubation Center Islamabad is a non-profit organization that helps young entrepreneurs grow their businesses. i2i offers services such as business counseling, seed financing, office space, and networking opportunities to its members. incubation centers like i2i play an important role in economic development by supporting the growth of new businesses.
Since its inception in 2013, i2i has helped over 100 startups grow their businesses. In addition to providing access to resources, i2i also offers mentorship and guidance from experienced entrepreneurs. This support is essential for young entrepreneurs who are starting their businesses from scratch. Without the help of an incubation center like i2i, many of these businesses would not be able to get off the ground.
The services offered by i2i have had a positive impact on the economy of Islamabad. By supporting the growth of new businesses, i2i has contributed to job creation and economic development in the city.
10. Serendipity
Serendipity Incubation Center Islamabad is one of the most important startup ecosystem support organizations in Pakistan. It is a non-profit, membership-based organization that offers startups and business owners a range of services. The association places a high priority on accountability, openness, and service quality.
Serendipity Incubation Center Islamabad has been operational for over two years now and has helped incubate many successful startups The team at Serendipity is passionate about their work and takes great pride in supporting Pakistani entrepreneurs.
Conclusion
With the ever-growing entrepreneurial spirit in Pakistan, there is a growing demand for business incubation centers. Whether you are just starting out or have been working on your business idea for some time, it can be daunting to try and figure out where to start. luckily, in order to help you get started as fast and effectively as possible, we’ve put together a list of the top ten business incubators in Islamabad. Hopefully, this list will assist you in locating the ideal incubation facility to aid in your entrepreneurial endeavors.
