Incubation Process

Call For 1st Cohort

Kinnaird Business Incubation Center is the 1st Women Business Incubation Center of its kind that is exclusively for women and aims to support women to set up their businesses, enhance their entrepreneurship skills and overcome the challenges they are facing in the market. A grant of 35.5 million was won for the establishment and operations of Kinnaird Business Incubation Center by the Office of Research Innovation & Commercialization, of Kinnaird College for Women, Lahore. Kinnaird Business Incubation Centre (KBIC) is committed to facilitating its students with the conversion of its research outputs into commercial ventures. KBIC is committed to edifying knowledge and is passionately ready to transform young women into future entrepreneurs, who can have a real impact on the world. The selection process of 1^st Cohort of Kinnaird Business Incubation Center was comprised of different phases. In the first phase, an announcement was made regarding Call for 1^st Cohort on the website of Kinnaird College for Women. In response to the call for applications for the 1^st cohort of KBIC, a huge number of applications were received, out of which 46 were shortlisted after desk evaluation

KBIC Brochure and Process

Pitching Competition for the 1st Cohort (19th January 2023)

Pitching Competition is organized to select the first batch of Incubates for the Kinnaird Business Incubation Center. As per HEC guidelines, we must exercise extreme caution in inducting the right incubates based on its established criteria. In response to the call for applications for the 1^st cohort of BIC, we have received a huge number of applications, out of which 46 were shortlisted after desk evaluation. The next step was the presentation of each proposed Business Model (3 min Presentation followed by 3 min Q&A session) in front of Jury members comprised of Industrial experts, Academic experts, HEC Representative, and BIC Team. After desk evaluation, 46 applicants were called for the demonstration in the following areas:

Technical Feasibility of your business

Market Feasibility of your business

Financial Feasibility of your business

Approach

Management Feasibility of your business

Team/Individual Capacity of your business

Commitment

Growth Capacity of your business

Business Model

Resources Demand

Environmental Impact of your business

Social and Economic Impact of your business

CSR Potential of your business

Competitors of your business

Launches 1st Cohort of 17 STARTUPS

Total of 17 Business startups (10 Virtual and 7 Physical) were selected for the 1^st Cohort of Kinnaird Business Incubation Center and a contract signing ceremony was conducted. The Contract Signing Ceremony was held on 30^th March 2023 at the Board Room of Kinnaird Business Incubation Center. Selected Startups were called for signing their contracts with Kinnaird College for Women. The parties that were involved in the contract signing were the worthy Principal of Kinnaird College for Women, KBIC Team Prof Dr. Ghazala Yaqub, Ms. Meashall Usman, and incubates.