business incubation center

1. GCUF-BUSINESS
INCUBATION CENTER
WE ARE PROVIDING WINGS TO FLY

2. WHY BUSINESS INCUBATION CENTER
This program is designed to:
• promote the commercial research culture through the strong venture of
university-industry Tag.
• boost the economic development by verge of Industrial Research output.
• foster the formation and development of start-up businesses to the point of
obtaining significant, third-party investment support;
• educate startup companies/entrepreneur about the process of new venture
development to improve their potential for future entrepreneurial success;
• create an entrepreneurial community to give students the experience of
learning through mutual support, a process critical for successful
entrepreneurship.

3. VICE
CHANCELLOR
MESSAGE Keeping in view the economic stress and increasing
unemployment in the country we are creating environment
for students and stakeholders to take responsibility to play
effective role in the society through innovative
entrepreneurial initiatives. We believe in the abilities of
our new generation and aware of their limitation so we are
just providing them resources in shape of physical structure
and moral sport for their first flight to compete in vibrant
business environment. We have opened our doors for
those who really want to change themselves and world
through their creative thinking.

4. OUR VISION
To create the environment for business initiative for sustainable
economic growth of the country.

5. OUR MISSION
To enable each person of the society to take responsibility for
effective contribution in economic stream of the country. We want
to provide complete business support to business starter to reduce
the failure chance and increase the success rate through mature
mentorship program.

6. MANAGER’S MESSAGE
If you want to fly we have new sky for you. If you want to dive we
have a clear sea. If you want to start new business we have complete
team to support your startup. Now it is time to fulfill your dreams.
Let’s join us for great cause.
Dr. Mohsin Bashir

7. MEET OUR TEAM
Dr. Mohsin Bashir
Manager
Business Incubation
Center
Mr. Adeel Anjum
Business Execution
Manager
BIC
Mr. Hassan Mahmood
e-Business Execution
Manager
BIC

8. MEET OUR TEAM
Mr. Wasim Akram
Business Incubation
Coordinator
BIC
MS. Bushra Hameed
Business Information
Officer
BIC
Mr. Muhammad Zubair
Saleem
IT Officer
BIC

9. INNOVATION HUB PROGRAM
The GCUF Business Incubation Center (BIC) steers two batches of Innovation Hub program a
year. For each batch, firstly we generate a pool of application, then select robust ideas. BIC bring
entrepreneurs and innovators together on competitive platforms for execution of ideas.
SPRING BATCH
INCUBATION PERIOD: FEB TO MAY
STEP IN: FEBRUARY
STEP ON: MARCH - APRIL
STEP UP: MAY
WINTER BATCH
INCUBATION PERIOD: SEP TO DEC
STEP IN: SEPTEMBER
STEP ON: OCTOBER - NOVEMBER
STEP UP: DECEMBER

10. PROGRAM DETAIL
PRE INCUBATOR
• Innovation Assessment
• Business Plan Preparation
• Training
STEP IN
CORE INCUBATORS
• Coaching, Mentoring &
Training
• Commercialization
• Advanced Business
Planning
• Association of Business
Partners
• Access to Finance
STEP ON
POST INCUBATION
• Business Development
• Internationalization
• Clustering
• Market Networking
STEP UP

11. MEET OUR MENTOR
GCUF-BIC has built one of the largest network of the best and the successful mentors from across a diverse cross-
section of industries. These mentors are available for advice and guidance to both the accelerated and incubated
businesses at GCUF-BIC. Our affiliate entrepreneurs can count on learning from the best minds on the planet.
Mr. Faisal Akber Awan
Corporate Trainer
Organizational
Development
Consultant
Mr. Malik Abdul
Qayyum Raza
Manager HR, Admin &
QMS
Nishat Group of
Companies, Faisalabad.
Mr. Irshad Ali Sindhu
Head of HR &
Administration
Sitara Peroxide Limited,
Faisalabad.

12. OUR SUCCESS STORIES
Mr. Abdul Wahab
Sheikh
C.E.O: Bushat
Patloon(B.P)
Jeans & Casual Wear
MBA 2011
Mr. Zuhair Naeem
C.E.O: Clicks
Photo Shoot
BS(Commerce) 2016
Mr. Osama Khalid
C.E.O: Hard Rock
Jeans & Casual Wear
MBA 2011

13. OUR SUCCESS STORIES
Mr. Muhammad
Asim
C.E.O: Colours
Collection
Clothing
BS(Commerce) 2015
Mr. Arfan Aslam
C.E.O: Irani Foods
Ice Gola, Tofee
BS(Commerce) 2016

14. APPLICATION FORM

15. BUDGET OF BIC
BUDGET : ESTABLISHMENT OF BIC
Items
Total Budget University Contribution HEC Contribution
Year 1 Year 2 Total 1st Year 2nd Year Total 1st Year 2nd Year Total
Setup Cost
Office Furniture 1,500,000 1,500,000 700,000 0 700,000 800,000 800,000
Fax 65,000 65,000 35,000 0 35,000 30,000 30,000
Printer (Network Printer) 250,000 250,000 150,000 0 150,000 100,000 100,000
Photocopier machine 500,000 500,000 450,000 0 450,000 50,000 50,000
Scanner 35,000 35,000 0 35,000 35,000
Multimedia 150,000 150,000 0 150,000 150,000
Computers 972,000 972,000 972,000 0 972,000 0
Networking Equipment 100,000 100,000 55,000 0 55,000 45000 45000
Air Conditioners 600,000 600,000 0 600,000 600,000
Office Accessories 80,000 80,000 0 80,000 80,000
Sub Total 4,252,000 0 4,252,000 0

16. BUDGET
OPERATING EXPENSES 0
Awarness raising compaign on
Enterpreneurship
240,000 240,000 480,000 240,000 240,000
480,000
Training for Incubator Management
500,000 500,000
0 500,000 500,000
Consultancy from Faculty
864,000 864,000 1,728,000
0 864,000 864,000 1,728,000
Prototype Development
(R&D)/Commercialization
1,000,000 1,000,000
0 1,000,000 1,000,000
Lab Equipment
500,000 500,000
500,000 500,000
Sub Total
1,864,000 1,864,000 3,728,000
0
Items
Total Budget University Contribution HEC Contribution
Year 1 Year 2 Total 1st Year 2nd Year Total 1st Year 2nd Year Total

17. BUDGET
Gen & Admin Expenses - Salaries 0
Director (full time on contract with
commitment to regularize)
1,080,000 1,080,000 2,160,000
0 1,080,000 1,080,000 2,160,000
Admin/Finance Assistant
300,000 300,000 600,000
0 300,000 300,000 600,000
Receiptionist
240,000 240,000 480,000
0 240,000 240,000 480,000
Lower Staff (Janitor & Office Boy)
288,000 288,000 576,000
0 288,000 288,000 576,000
Sub Total
1,908,000 1,908,000 3,816,000
0
Items
Total Budget University Contribution HEC Contribution
Year 1 Year 2 Total 1st Year 2nd Year Total 1st Year 2nd Year Total

18. BUDGET
Gen & Admin Expenses - Others 0
Building Rent 480,000 480,000 960,000 480,000 480,000 960,000
Building Maintenance 60,000 60,000 120,000 60,000 60,000 120,000
Internet 180,000 180,000 360,000 180,000 180,000 360,000
IT Administration 240,000 240,000 480,000 240,000 240,000 480,000
Stationary & Supplies
360,000 360,000 720,000
360,000 360,000 720,000
Marketing Cost 240,000 240,000 480,000 0 240,000 240,000 480,000
Travelling 240,000 240,000 480,000 0 100,000 380,000 480,000
Misc 400,000 400,000 800,000 0 400000 400000 800000
Sub Total 2,200,000 2,200,000 4,400,000 6,142,000 5,032,000 11,174,000
GRAND TOTAL 10,224,000 5,972,000 16,196,000 4,182,000 1,320,000 5,502,000 6,142,000 5,032,000 11,174,000
Items
Total Budget University Contribution HEC Contribution
Year 1 Year 2 Total 1st Year 2nd Year Total 1st Year 2nd Year Total