kubic Karakoram International University Business Incubation Centre

Karakoram University Business Incubation Centre (KUBIC) is a project of HEC to encourage universities to impart basic entrepreneurial thinking to the students while they are studying. Soon after its inception by the end of 2015, KUBIC established linkages with leading NGOs of the area working on the similar themes and started programs related to Entrepreneurship with a focus on creating an entrepreneurial eco-system in the university. KUBIC is now actively engaged with the students and market actors through seminars, consultative workshops, and training programs.

Vision

To transform the socio-economic conditions of the mountain communities through the spirit of entrepreneurship

Mission

To train the future generation of entrepreneurs in Gilgit-Baltistan by providing required skills in a conducive environment
that fosters creativity and innovation

 

Facilities

Physical Support:

Incubates will be provided furnished offices with the following facilities:Internet access
Dedicated telephone line.
Photocopy, printing, and mailing via courier.
Conference room facilities equipped with multi-media
Display of company’s profile on KIU/BIC website
Kitchenette/ Canteen services for tea, coffee, meals, and soft drinks.
Business and Professional Support ServicesAccess to KIU library and digital resources.
Networking opportunities within KIU.
Support in marketing through website and use of KIU/BIC name.
Provide guidance and mentorship through professionals and specialized consultants.
Identification of various funding options for incubates.
Advisory services in business plans formulation, marketing strategies, project selection, etc.
Training on the basics of entrepreneurship.
Advice in legal and financial consultancy

Promoting student microenterprise development at Karakoram International University (KIU), Gilgit-Baltistan

View Details

 

 

Izzat Bibi,( Co-Founder, and CEO)

Chakr.comChkar.com

Chkar.com – AN INSPIRING YOUNG ENTREPRENEURS CONNECTING FUN TO ITS DESTINATION
Izzat Bibi, Co-Founder, and CEO of Chkar.com hold master’s degree in Physics and after two years of her job, she decided to make a transition in career path. She worked to polishing her entrepreneurial skills and experience to start her own tourism business. Consequently, she launched it with the name Chkar Lodging and Experiences with the brand name chkar.com in May 2018.
Chkar.com is an online marketplace that provides travel facilitation services, mainly in Gilgit-Baltistan and Khyber Pakhtunkhwa region of Pakistan. We have a network of verified rentals, which we connect with our guests as per their requirements. In addition to accommodation, Chkar.com also arranges transportation services, cultural experiences, tour guides etc. as required by the guests. We attempt to bridge the gap between tourists and locals by encouraging the stay of tourists in rentals
which are mostly homes of locals. Our focus is on two main areas:
• Providing earning opportunities to locals of tourist destinations by giving them a platform to raise income by renting extra rooms, homes to tourists.
• Giving a unique travel experience to tourists by enabling them to interact with local culture closely

link:https://www.youtube.com/watch?v=2X2TRvLlH80&feature=youtu.be

Afaq Ahmed (Founder)

Chakr.comThe Apricot Incorporation

The founder of the Appricot Incorporation is excited about the future. Its a business having excellent growth in 4 years, he was much happy to look back and share his views about the Business Incubation Centre – Karakoram International Unversity Gilgit.
“I had always dreamed of doing something different in my life, said the CEO of Incorporation. When I was the in the last semister of my graduation, I studied Enterpreneurship as a subject that helped me to think of doing my own business. My Friends were busy in preparing their CVs whereas, I registred with the Business Incubation Centre (BIC) at Karakoram International University by looking into a banner which was about “Be Your own Boss“. I visited BIC and shared my idea of boasting up the locally dried fruit to grow organically and dry with the dryers to avoid dust. BIC not only facilitated me by offering me various training and mentoring but also gave me a space that I have used as a lauching pad for my business. From this platform, I won a couple of business plan competitions that boosted my commitment to my busines idea. Alhamdulillah, Now, I am in the market with my Yummy and delecius dry fruit products with two other partners and 50 local farmers of Gilgit and Skardu. ”
As per Mr. Afaq, BIC played a key role in shaping his career path and supported along the way through thick and thin to make his business successful.

Injleen Fatima (Founder)

Chakr.comLeeza Crafts

The founder of Leeza Crafts, Injleen is much excited having experience with women and her future which creats more intrest and hard work. She shares her experience of incubation and out comes from the Businsess Incubation Centre.
According to Injleen, BIC- KIU and it‘s team is doing an excellent job.
She said, “the single most important thing Business Incubation Centre is that it gave her the confidence”.
Injleen, being a housewife with two girls wanted to do more along with her studies at KIU. She started her Maseter degree at the University where she came to know about BIC and the facilties available for potential entrepreneurs. She visited BIC and discussed her story with the staff along with her business background and business idea of the handicrafts. BIC staff registerd her from where she got extensive trainings and workshops. She raised herself to work with other house hold women who have low income level and are facing many social problems in coming out of their homes for earnings. She started working with only 5 women initially. Now she has 250 women in contact. On average, each women earn approximately 10,000 per person. Injleen herself earns herself 50 to 60 thousand Rupees net profit per month after 1 and half years of her business.
BIC does a really great job, said Injleen. “They like to hear out your idea no matter what your plan is or what we want and then they just provide us with a set of tools, best practices of preparing for the pitching in competitions and through which i was chosen for the exposure and enterpreneurial visit to Oregon state of United State America for one month. It was a mind blowing experience which built my business linkages and broadened horizen in new tips to put in my creations of craft. My craft products are cross stiched cussions, wall hangers, carpet shoes, dupatta stiches, shirt stiches, soafa stiches, bed sheets varieties, and hand made bags etc. A group of associated women use to work the raw product and then stiched back by another group of women and her payments make their life much easir in their daily activities.

An advisory committee is already constituted to track progress against the stated goals.

The advisory committee involves following members

  • Vice-Chancellor KIU
  • Enterprise Development expert
  • Director BIC

START – Bootcamp and Pitch Competition for Potential Business Ideas

 

Call for Application/Registration

 

The Aga Khan Rural Support Programme (AKRSP) in collaboration with Business Incubation Center of KIU is pleased to announceSTART-Bootcamp and Pitch Competition of potential business ideas for the graduates of KIU for the year 2023.The overall objective of the START training programme is to promote entrepreneurship culture and self-employment to empower young men and women with increasing focus on ideating, developing, and launching emerging/growing micro-enterprises.

The programme includes Ideation Bootcamp and Pitch deck competition (to qualify for micro seed financing from the START programme). If you are a young women or men and want to start or grow your business, DON’T MISS the opportunity. Join this FREE OF COST BOOTCAMPand start chasing your dream to become a successful financially independent entrepreneur.

Eligibility Criteria (WHO CAN JOIN):

  • Young women and men between the ages of 18 to 35 years.
  • Currently enrolled at any campus of the Karakoram International University, Gilgit Baltistan.
  • Must have valid CNIC and supposed to be in the last semesters.
  • Young and inspiring entrepreneurs having potential business ideas.
  • Opt to start and continue their future career in business.
  • Only viable business ideas (new orexisting) will be shortlisted for the programme.
  • Only successful and qualified ideas screened through the bootcamp sessionwill be selected for Pitch making.

 

Program Outline:

  1. Pre-Bootcamp Awareness Sessions by BIC, KIU.
  2. 01-Day Bootcamp Session (Business Ideation and Pre-Pitch Preparation).
  3. 01-Day Pitch Competition (potential entrepreneurs will pitchtheir business ideas to an expert panel).
  4. Qualified Ideas/Winners of seed-financing will avail incubation support by BIC.
  5. Follow-up and Mentorshipsupport for selected promising pipeline start-ups/micro-enterprises.

 

How to Apply:

Interested young women and men graduates/ entrepreneurshaving creative, innovative ideas and are currently enrolled in KIU (all campuses and preferably in last semesters)can submit the application form via below online google form Link:

Apply online from here

Registration Deadline:  10th June, 2023OR

Incomplete or late applications will not be entertained. Women participants are encouraged to apply.

  • Director
  • Manager BIC
  • Office Assistant
  • G-II

Please contact

Dr. Ifzal Ahmed
Director of Business Incubation Centre

Sumara Shaheen
Manager Business Incubation Centre
Karakorum International University
Near Shopping Centre KIU

 

Mr. Aamir Seemab 

Office Assistant

Telephone No. : 920011-289/ 243

Email: bic@kiu.edu.pk

 

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