About
Established in 1998, the Business Incubation Center (BIC) at National Taiwan University of Science and Technology (NTUST) aims to stimulate economic growth through innovative business and technological advancements. Leveraging NTUST’s strong ties with various industries, BIC provides a supportive environment for entrepreneurs and small to medium-sized enterprises (SMEs) to develop advanced technologies and establish new business ventures.
Type of services
BIC offers a comprehensive range of services to support startups and SMEs, including:
- Physical Space and Equipment: Access to incubation rooms, laboratories, experimental equipment, conference rooms, and other facilities.
- General Commercial Support: Administrative services, office amenities, and access to communication tools.
- Professional Consulting Services: Expert advice on legal matters, patents, intellectual property rights, accounting, funding, technology commercialization, and IT networks.
- Management Services: Guidance on product advertising, marketing strategies, equipment leasing, management training, and human resource information.
Scope of Incubation
BIC focuses on incubating ventures in various sectors, including:
- Information, communication, and consumer electronics
- Precision mechanical engineering and electric automotive industries
- Construction-related technology
- Chemical engineering, materials science, textiles, and polymer engineering
- Other technologies aligned with NTUST’s expertise
Achievements
BIC has a notable track record of success, including:
- Seven alumni startups evolving into publicly listed companies
Eight startups receiving the “Out of Shell Award” between 2016 and 2022 - Recipient of the Excellent Award for Business Incubation Centers over ten years
- Honored as the Best Business Incubation Center of the Year by the
- Asia Association of Business Incubation in 2017
- Awarded the 2019 CBIA Incubator of the Year
Countries with office locations
The Business Incubation Center is situated within the NTUST campus in Taipei, Taiwan