About NIC Hyderabad
National Incubation Center Hyderabad is an Ignite National Technology Fund and MoITT funded LMKT & PTCL operated facility created to serve as a catalyst for Hyderabad & it’s surrounding cities.
Ideagist has partnered with the NIC in providing curriculum & trainings to the startups.
Our Partners
For this initiative PTCL and LMKT have come together to capitalize on each other’s strengths and deliver a robust Startup Incubation Program.
PTCL
is Pakistan’s single largest integrated ICT Company, is also part of the Etisalat Group, that offers an extensive array of digital services. From high-speed internet and IPTV services to OTT applications, PTCL has truly evolved into a digital company.
LMKT
is a full-service technology company based out of Pakistan offering scalable IT solutions. The company specializes in smart cities, smart buildings, e-governance, clean technology and agri-tech solutions in its pursuit to supporting the country’s fast growing economy and rapid urbanization.
Ignite
funds startups and innovative projects that utilize 4th industrial wave tech to solve local problems and target global opportunities in health, education, energy, agriculture, telecom, finance and other verticals. Their national network of incubators across Pakistan nurtures startups and engages them with investors and corporations. Ignite has launched a program to prepare one million people for the future of work.
Ministry of Information Technology and Telecommunication (MoITT)
The Ministry of Information Technology and Telecommunication (MoITT) is the national focal Ministry and enabling arm of the Government of Pakistan for planning, coordinating and directing efforts to initiate and launch Information Technology and Telecommunications programs and projects aimed at economic development of the country.
University of Sindh
The University of Sindh, the oldest University of the country, was constituted under the University of Sindh Act. No. XVII of 1947 passed by the Legislative Assembly of Sindh. The Act was subsequently revised and modified in 1961 and later. The Act of 1972 under which the University is presently functioning provided for greater autonomy and representation of teachers.
IdeaGist
the largest digital incubation and entrepreneurship community development platform in the world, will be providing the Curriculum and required mentors for the National Incubation Center.
IdeaGist has been providing idea incubation services to entrepreneurs and innovators worldwide since 2013. The training program is based on the curriculum provided by the Institute for Innovators and Entrepreneurs at Hamline University, USA and International Institute for Knowledge and Innovation Washington DC..
IdeaGist has planned a comprehensive set of activities, which it will be delivering with the support of partners, service providers and supporters to ensure successful execution of the National Incubation Center project with desired outcomes.
PTCL
is Pakistan’s single largest integrated ICT Company, is also part of the Etisalat Group, that offers an extensive array of digital services. From high-speed internet and IPTV services to OTT applications, PTCL has truly evolved into a digital company.
Our High Level Program
Our curriculum is divided into 5 stages of idea and new venture development
Germinate
Goal: Generate Ideas
Pre-Incubate
Goal: convert ideas into well defined concepts
Incubate
Goal: Develop MVP and test with customers
Post-Incubate
Goal: Customer Acquisition
Accelerate
Goal: Raise funding and grow the business really fast
Our High Level Program
National Incubation Center will strive to achieve the following
- Successful Training and Mentoring
- Alignment with Industry
- Arrangement of Pitching Events
- Linkages with venture capital/angel investors
- Sustainable companies with rapid growth
- Roadshows to exhibit successful projects
- Collaboration activities with other incubators
- Satisfaction analysis/ surveys for Incubatees
The vision is to help forge Hyderabad into a vibrant tech startup ecosystem that leverages proximity to academic and business clusters.
High Value Training for Incubates
The unique curriculum provided by IdeaGist will cover the entrepreneur’s journey from just an idea to a launched product
- Documentation Assessment
- Validate Problem Statement
- Define Critical Assumptions
- Lay out your plan to reach MVP
- MVP Development Estimate
- Re-examine team assignments
- Revise Startup Cost Estimate
- Develop Pre-Seed Funding Plan
- Register Company
- Open Bank Account
- Prepare Legal Documentation
- Lean Canvas
- Fund Raising (if needed)
- Define Customer Pitch and get feedback
- Develop Early Customers List
- Develop Prototype or MVP
- Early Adopter Feedback
- Re-examine MVP Plan
- Loopback to development (iterate 16 to 18 at least three times in one-month sprints)
- Readiness Assessment to Launch
NIC Hyderabad Team
Our Location
University of Sindh City Campus is centrally located and easily accessible to nearby universities and businesses through public transport. It has 10 academic institutions within a 5 km radius and several technology businesses within 10 km radius.