Welcome to National Board for Technology Incubation
The Ministry commencing from late 1990s launched sectoral policies in major areas of S&T including Energy, ICT, Bio-technology, and appropriate technology for SME, for which specialized organisations were put in place to implement these sectoral policies. One of such organizations is the Technology Incubation Center (TICs) established in 1993, designed to nurture new start-ups in science and technology related businesses; and speed up the commercialization of R&D results by effectively linking talents, technology, capital and know-how in order to accelerate the development of new enterprises.
Technology Incubation is a unique and highly flexible combination of business development process, infrastructure and people designed to nurture and grow new and small businesses, products, innovations and entrepreneurs by supporting them through the early stages of development. It is an integrated support programme provided by the Governments, Academic institutions and Private sector, either individually or in partnership with the intention of creating and nurturing of budding value-added and technology-based enterprise.
The incubation process begins with the admission of a value-added technology based enterprise into a Technology Incubation Centre (TIC) and ends with graduation after three (3) years of resident incubation. At the TIC, shared facilities (working spaces, offices, hands-on management assistance access to finance, networking and exposure to critical business, technical and legal support services that enhance the success of enterprise during incubation) are provided at subsidized rates. At present, NBTI has twenty-seven (27) Technology Incubation Centres spread across the six geopolitical zones of Nigeria.