Business Incubation Center

Business Incubation Centre (BIC) is launched by National Foundation for Resource Development (NFRD). Its concept is to support the NFRD, bridging the gap between the resource pools across the tiers of society. BIC is the pioneer and a good launching pad for these selected entrpreneures thereby, empowering them to develop their Fast Growth Firms. FGFs are the leading edge of the SMEs Sector. They are high caliber businesses capable of competing in national and international markets. Therefore, FGFs have the potential to make distinctive contribution not only to their promotion but also to the economy of the country. BIC will provide following support facilities to the entrepreneurs on joining the business incubation as ONE STOP WINDOW operation.

  • Self-contained office premises with proper air-conditioning, a desk, executive chair, a storage rack, and a private telephone line with voice mail and internet connectivity. Nominal rent Rs.5000/- to Rs. 7000/-will be charged in addition to the registration fee, (depending on the size and location of the office). A well furnished Conference Hall would also be available for conducting business meetings at very nominal charges.
  • To educate the prospective entrepreneurs, a customized business creation course (BCC) called as a mini MBA in also designed in the foundation under the guidance of high profile faculty members.
  • Business creation and development and entrepreneurship guidance is extended without any fee to BIC members by our experts; like writing a Business Development Plan, Advice on Marketing and Management, Legal Issues, Tax, Company/firm Registration, conclusion of contracts and Designing, Construction etc.

It will facilitate the aspiring and accomplished businessmen, groom retired govt employees and mil personnel to join the enterprises existing under the umbrella and be stakeholders and employers of the future.

Currently Offered Entreprenuer Training Program 2012.

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