The Business Incubation Centre (BIC) at NED University of Engineering and Technology in Karachi, established in 2015, focuses on nurturing Tech Start-Ups, particularly in the engineering field, to transform innovative ideas into revenue-generating business models.
Over the years, the startups incubated or facilitated by BIC NED University (and the National Incubation Center, which is located at NEDUET) have achieved awards on national and international levels, leading to recognition. Some of these achievements are mentioned below:
Innovator Seed Fund Winners ( USD 35000 each funded by World Bank under HEDP HEC project:
1. Orko Pvt Ltd
2. Porter Pakistan
3. Boltay Huroof
4. Bechlo.pk
5. AirNex Global
Shell Tameer Awards ( PKR 500,000 each)
1. BEES (energy sector)
2. BEETEES (Textile)
3. Naya Raasta (Urban Mobility)
National Idea Bank (NIB) PKR 75,000 each
1. Porter Pakistan
2. Gen C Auto
HBL SheNext Awards ( USD 10000 each)
1. Bechlo.pk
2. Porter Pakistan
Shark Tank Pakistan ( PKR 10 Million investment against equity)
1. Porter Pakistan
HBL PSL Hamare Hero Award ( USD 1000)
1. Boltay Huroof
HBL P@SHA ICT Awards 2024 and 2025
1. U-Tech
2. Boltay Huroof
PMNIA Awards ( PKR 500,000 each)
1. Porter Pakistan
2. Boltay Huroof
FPCCI Startup Showcase ( PKR 500,000 each)
1. Haptronica
2. RobAutoSTEM