The Business Incubation Centre of NUML (BICON) and IdeaGist (world’s largest digital incubator) have signed an accord to enhance collaboration for developing a sustainable start-up ecosystem in the country through connectivity, awareness and capacity building.
Under this partnership, the company would invest Rs 8 billion in developing start-ups incubators of 190 universities, 300 technical colleges, and 100 top madrasas helping students to manage a financially sustainable incubation programme, said a press release issued here on Thursday. IdeaGist’s Chief Executive, Hassan Sayed said that in pursuance of the prime minister’s start-up programme, his organization was focusing to promote and apply the emerging technology through various business ventures.—APP