The National Centre for Information Technology (NCIT) is seeking for a competent firm/entity to manage and operate the Information Technology (IT) Incubator.

The objective of this firm/entity is to operate and manage the IT Incubator, providing the necessary infrastructure and business support services for the incubatees, according to the recommendations and expectations of NCIT.

DURATION
2 years

REQUIREMENTS

In order to achieve the objectives of this project, the firm/entity will:
1.    Define an organisational structure for the Incubator and provide sufficient staff for the successful operation of the Incubator.

2.    Provide services:

a.    Infrastructural:

i.    Organise the available space of the premises into fully furnished, plug n play cubicles.

ii.    High-speed internet, pc, server, secretary, security, pantry, cleaning, maintenance, repair etc.

b.    Business Development support:

i.    In-house services

1.    Resident business, marketing and IT experts who can provide advice and expertise to the incubatees.

ii.    External services

1.    Hire/contract services from outside the firm/entity to supplement in-house services as they cannot cater for all the demands of the incubatees.

3.    Be responsible for

a.    Attraction, admission, selection, monitoring, graduation and exit of incubatees. (Refer Appendix 2)

b.    The management of discipline of the incubatees.

4.    Facilitate the matching of ideas/developments with potential venture capital from the potential investors.

5.    Provide mechanisms and means for the liaison between the IT Incubator and potential investors.

6.    Maintain documentation of the operation and performance statistics + meet required benchmarks

a.    Occupancy rates etc.