Business Incubation Center of NUML (B ICON)

Overview of BICON

Business Incubation Center of NUML (B ICON) is a flagship project of Higher Education Commission (HEC) and formally started its operations in October 2016. B ICON triggers entrepreneurial spirit, provides state-of-the-art infrastructure, supports problem solving innovation, strengthens business development. B ICON promotes the entrepreneurial culture for the start-ups, accelerators and spin-offs from the students, alumni and faculty members.

We encourage business ideas from students, alumni and faculty members to register for different batches  / Cohort.

We help to flourish your basic ideas into business opportunities. We help you to link with Industrial experts for grooming your ideas. We also provide funding opportunities by the National and International Organizations. Teams from regional campuses can also apply.

Link for: Idea Registration 

Cohort 7 is Open for Idea Registration till 24 October

What We Offer

  • BICON Hall for providing place to Incubates
  • Idea Room for Discussions and Sessions
  • Meeting Place for Clients and other Companies
  • Free Internet, No charges for facilities at Incubation Hall
    Mentoring support for faculty and student Startups
  • Furnished co-working space 
  • Support for video-conferencing rooms, meeting rooms, discussion rooms, idea room, conference rooms and auditorium.
  • Free trainings / capacity building sessions / Mentorship
  • Meet ups with industry experts / practitioners

Funding Opportunities



Last Date


CAREC University Startup Generator - Link USD 400 01 May, 2023 Closed
Entrepreneurs for Resilience Awards 2023 - Link USD 700,000 23 Jan, 2023 Closed
Global Digital Startup Hackathon - Link UKP  9,000 16 Dec, 2022 Closed
INNOVATOR SEED FUND (ISF) 2023 - Link USD 35,000 06 Jan, 2023 Closed
TiE Global University Program 2023 - Link USD 100,000 15 Jan, 2023 Closed
Prime Minister National Innovation Award - Link Rs. 2,000,000 30 Nov, 2022 Closed
SkipQ Traings and Placement in 6 weeks - Link   Rs. 80,000   (Salary/person)   19 Sep, 2022 Closed
DICE Mega Event 2022- Link   Rs. 100,000,    50,000, 25,000     30 July, 2022 Closed
Full Stack and Cloud DevOps Training at SkipQ- Link    Rs. 80,000       (Stipend/student)    25 July, 2022  Closed
Young Women Mentorship Program 2022- Link Fully Funded 08 July, 2022 Closed
Unilever Safety Hackathon 2022Link Cash Prize 15 June, 2022 Closed
Full Stack and Cloud DevOps Training at SkipQ- Link Rs. 80,000 (Salary/person) 12 June, 2022 Closed
TiE  Women Global Pitching Competition 2022- Link  USD 100,000 31 May, 2022 Closed

Innovation Challenge 2022 (Inter-University Business Plan Competition)- Link    

Rs. 60,000, 30,000, 20,000  25 May, 2022 Closed
Full Stack and Cloud DevOps Training at SkipQ- Link Rs. 80,000 (Salary/person)  18 May, 2022 Closed
Climate LaunchpadLink  €10,000  April - June 2022 Closed
Open Global Contest (For Product Development) - Link USD 10,000  Mid 2022 Closed
 Academy for Women Entrepreneurs (AWE) - Link  Sponsored Trainings 15 April  Closed
 Common Fund for Comodities - Link  USD 300,000  - 1.5 Milions 15 April  Closed
 Full Stack and Cloud DevOps - Link  Rs. 80,000 (Salary) 05 April  Closed
 K-Electric 7/11+ Innovation Challenge - Link  Rs, 03 Millions 26 March  Closed
 SkipQ Traings and Placement in 6 weeks - Link  Rs. 80,000 (Salary) 14 March  Closed

 HULT Prize - Link

 USD 1,00,000

13 March


 SMEDA Growth Stage Start-Up Grant - Link

 Rs. 500,000

04 March


 TiE Global Uni Idea Competition

 USD 100,000

15 Feb


 Innovators Seed Fund - Link

 USD 35000

25 January


 Pakistan Startup Cup 2022

 Rs. 3.2 Millions

Dec, 2021


























Roles and Responsibilities of BICON

  • Promote faculty, students and alumni to start their businesses.
  • Facilitate the access to laboratories, libraries, ICT-facilities, technical workforce, subject matter experts, and seed-funding opportunities.
  • Provide guidance, including lectures, mentoring, access to materials, and technical advice on launching startups,
  • Encourage the startups to generate opportunities for students to get internships, part-time and full-time jobs
  • Transfer the skills and lessons from the incubators to the other universities to enhance the competitiveness and networking
  • Provide physical infrastructure to entrepreneurs for incubation and Co-working space.
  • Select business strategies for;
    • protecting intellectual property
    • mobilizing resources
    • converting innovative ideas into successful enterprises.


Location: B ICON office, First floor, Ibn e Rushd Block, Near Gate 3, NUML, Islamabad


Timings: Morning:  08:00:00-13:30:00

         Evening:  14:00:00-19:00:00


Contact: Phone:  +92-51-9265100 ext 2040, Director: 2039


Social Media Links: Facebook page at


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