This document provides an introduction to entrepreneurship, discussing business incubation centers, start-up competitions and platforms, and data on entrepreneurship. It explains that business incubation centers help startups develop and grow by providing services like training, networking, mentoring, and office space. Examples of incubation centers mentioned include TiE, which fosters entrepreneurship in the Indus region, and GEM, which provides data to study entrepreneurs. Finally, it defines a business ecosystem as the various social, economic, political, and legal factors affecting local entrepreneurship.
2. AGENDA OF THIS LECTURE
• What are incubation centers?
• Start-up Competitions and Platforms
• Data on Entrepreneurship
3. BUSINESS INCUBATION CENTERS
• A business incubator is a place that helps startup companies to develop and
grow by providing services such as management training, networking,
mentoring and/or office space.
• The HEC supports the establishment of Business Incubation Centre’s (BIC) in
universities to facilitate young entrepreneurs for start-ups (early age business)
while providing basic infrastructure and facilities.
4. EXAMPLE OF INCUBATION
CENTERS
• If we head over to (TiE), it is known as the Indus
Entrepreneur, which was founded in 1992 in Silicon
Valley by a group of successful entrepreneurs,
corporate executives, and senior professionals with
roots in the Indus Region.
• Their mission is to foster entrepreneurship.
• Moving on if you need help with gathering
entrepreneurship data, the site GEM helps
youngsters to study entrepreneurs better.
5. BUSINESS ECO-SYSTEM
• An ecosystem refers to the social,
economics, political, legal,
technological, market,
internationalization and related
environment affecting the
local/regional entrepreneurship.
