FUBIC

Business Incubator at Foundation University Islamabad (FUI)

Foundation University Business Incubation Center (FUBIC) at FUI focuses on innovation, entrepreneurship, technopreneurship, public health entrepreneurship and social businesses. FUBIC thrust on excellence, ethics and social responsibility are visible in training & mentorship, evaluation emphasis, various activities, community outreach and networking.
FUBIC provides a platform for entrepreneurs to pioneer themselves into the world of business careers. The main aim is to provide support and training for faculty, students, alumni and community who are interested in converting their innovative ideas into startup.
FUBIC is designed to support startups in terms of infrastructure, consultation, mentorship, business plan assistance, growth acceleration, product prototyping, financial loans assistance, IP assistance and soft commercial launch to make the business successful. It provides a highly innovative and supportive environment to upsurge productivity and reduce the flaws.

Objectives

Nurture entrepreneurial atmosphere by supporting faculty, students, alumni and community in their pursuit of technological or social innovations

Supporting the promising start-ups during initial period when they are most susceptible.

Offer resources (mentorship, equipment, etc.) as measured viable on case to case basis.

Establish academia-industry linkages to evolve mutually beneficial solutions

Encourage disruptive innovations and partner in knowledge-based economy.

Hand-holding in commercialization of market ready products.

Harvest organizations that graduate as a gainful business concern.