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TECHNOLOGY INCUBATION & COMMERCIALIZATION CENTER

About Incubation Lab

 Mission and Objectives

Following are our missions and objectives we aim to achieve;

  • To create a startup ecosystem
  • Employment & wealth creation
  • Supporting small startups with high growth potential
  • Transfer of Technology
  • Promoting and nurturing Innovation

Enhancing the links between universities, research institutions and business community

Modus Operandi

At strategic and operational level, we intend to perform the following;

  • Develop a strategic plan containing quantifiable objectives to achieve the program mission
  • Structure for financial sustainability
  • Build an effective board of directors committed to the incubator’s mission and to maximizing management’s role in developing successful companies
  • Build and influential Board of Advisors for the very same purpose.
  • Develop stakeholder support, including a resource network that helps the incubation program’s client companies and supports the incubator’s mission and operations
  • Prioritize management time to place the greatest emphasis on client assistance, including proactive advising and guidance that results in company success and wealth creation
  • Maintain a management information system and collect statistics and other information necessary for ongoing program evaluation, thus improving a program’s effectiveness and allowing it to evolve with the needs of the clients