Webinar on Business Incubation Centre (BIC) in TVET institutions

PROGRAM CODE: 19-20/WEB24 (Webinar)
DATE AND TIME: 9 Jun 2020
9:30am Afghanistan | 10:00am Maldives, Pakistan | 10:30am India, Sri Lanka | 10:45am Nepal | 11:00am Bangladesh, Bhutan | 11:30am Myanmar | 12:00nn Thailand | 1:00pm China, Malaysia, Mongolia, Philippines, Singapore | 3:00pm Papua New Guinea | 5:00pm Fiji
TARGET GROUP: Teachers, administrators and practitioners of TVET

Webinar Presentations


Background

This concept paper is prepared for the CPSC webinar on the topic “Business Incubation Centre in TVET institutions”. Business incubators are programs designed to accelerate the successful development of entrepreneurial and technological skills through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts. Incubators vary in the way they deliver their services, in their organizational structure, and in the types of clients they serve.

Business incubators are seen as efficient tools for technology transfer and cooperation between the scientific sector and the industry. Generally, they are targeted towards addressing local economic development issues through improvement of the entrepreneurial base. Thus, TVET institutions need to have strong partnership with the business and industry to establish BIC either in their premises or in own premises.

TVET institutions play vital role in the generation of entrepreneurs and with the help of industries in shaping today’s students into tomorrow’s entrepreneurs. Collaboration between institutes and industries is critical for skills development (education and training), the generation, acquisition, and adoption of knowledge (innovation and technology transfer), and the promotion of business incubation centers. The benefits of institute-industry partnership is wide-reaching: they can help exploit synergies and bring intended outcomes of TVET institutions. World over initiatives in TVET like technology business incubator, science parks, research parks, innovation centers are the latest in the evolutionary line of effective institute-industry partnership mechanism. A Technology Business Incubator (TBI) is a form of business incubator that focuses on promoting technology-based business start-ups.

With the technological advancement in the 21st century, TVET institutions need to focus on producing technopreneurs who will be job providers rather than seeking for the employment. One of the best ways to achieve it by establishing BIC in a partnership with industries and enterprises. Therefore, CPSC has design this webinar to share knowledge and TVET institutions’ good practices of BIC.



Focus

This webinar session is designed to provide knowledge on BIC concept, management, and operation. It will also showcase different good practices of BIC adopted by TVET institutions and provide guidelines on establishing BIC in the TVET premises.



Objective

Sharing the concept and management principles of BIC for the TVET institutions.



Facilities Required

To join the webinar, each participant should have the following:

  • Minimum 2Mbps Broadband Internet
  • Desktop/Laptop Computer or Mobile Device with Earphones and Mic
  • Chrome Browser or any HTML5 Compliant Browser