The idea and the main objective of the Business Incubation Centre (BIC) is to create a centre of competence with a mission to facilitate and support high potential ideas from Students/ Researchers/Individual Inventors into products and business. Kathmandu University has initiated many projects related to skill development and technology transfer previously. BIC will be a cross-cutting business incubation unit within the University which will integrate different department, divisions to provide support resources and services for the start-up companies. KUBIC will develop into a full-service, mixed-use business incubator with the overall mission of assisting start-up and early stage companies by linking them to a network of services from financial sectors, legal assistance to interested industries. The incubator will support the candidate business by providing the workspace, office facilities, counselling to develop, sustain, and prosper within an agreed upon time frame with the goal of having them graduate with a sound financial foundation. KUBIC will accommodate interested candidates with high business potential and innovative ideas through a selective application process. KUBIC will have a separate advisory committee and technical committee from faculties and staffs within the University including some National level experts. The overall impact of the incubator is expected to be small business formation and job creation, establishment of an entrepreneurial environment, and contribute to the diversification of the economy.
KUBIC will designate a separate room/space for Incubates that will accommodate residential as well as virtual clients. It offers shared office model where clients/ candidate can work together under one roof mutually cooperating each other. A separate meeting room is provided for discussion with stakeholders, clients and for private business decisions. An open discussion space is allotted for KUBIC staff and member to track the progress of candidates, brainstorm their work and regular progress meetings. Other than this KUBIC will provide expert counselling and monitoring on candidate business individually.
Office Space and services with basic utilities. Research and Laboratories Facility on and off University
Preparing business Plan, financial accounting and marketing techniques. Advise and follow up on legal registration, law and policies
Network and Trainings
Training on Entrepreneurship and Management for professional development. Networking with Industries and financial sector.
Regular counselling and mentoring related to candidate business. Help your ideas grow into a self- sustaining business