Business Name: Agri-Biotechnology Incubation Center (ABIC)
Date of commencement: 2018
Main Location: The college is located in Lobesa, Punakha district, in central west Bhutan. The college campus is spread over 98 acres (40 ha) on the eastern slope of Lobesa and is about 63 km away from the capital Thimphu.
Objectives of the ABIC
Build an entrepreneurial ecosystem at the College and the community around by providing
opportunities to become entrepreneurs to students, faculty members, alumni and community
members:
3.1. Create conducive environment to nurture innovative ideas
3.2. Liaise with private and public sector for possible funding sources
3.3. Network with government agencies, industrial associations, chamber of commerce and industries to provide facilitation and expertise
Services:
Provision of Space to work
Land and laboratory facilities
Computer and internet facilities and equipment
Advice on potential enterprise and market analysis
Assistance in conducting enterprise feasibility studies and market studies
Assistance in procurement of inputs
Facilitating networking with government and non-government organizations
Assistance in obtaining start-up finance
Assistance in product development and marketing
Assistance in writing business plan
Assist students to develop and test their ideas
Assist students to set-up and run their business while in college.