problem encountered when connecting to the database
The BatState U CTI aims to assist potential entrepreneurs to take the first step in establishing their own business. Providing successful incubation for high-growth start-ups requires more than just providing space and funding but also an ecosystem to supprt the growth of the incubated companies. The vast linkages and partners of the university will also assist in providing core competencies to operate and manage their TBIs.
To promote R & D results of the university to the real world, by encouraging more entrepreneurial activities at the University and facilitating more commercial development of BatStateU's intellectual property rights (IPR).
To build a sustainable entrepreneurial ecosystem among faculty members, staff, and students and promote this entrepreneurial experience among eligible alumni, community and other stakeholders.
To encourage more technology start-ups that will add fresh impetus to the innovation ecosystem by delivering a support system to local entrepreneurs who bear great ideas that exhibit potential as a solid investment and foundation for nation - building.
The CTI provides cash-funding scheme to potentioal start-ups. Each potential start-up applicant can be awarded cash funding of up to fifty thousand pesos (Php 50,000.00) to be used for but not limited to Prototype Development, Presentation Materials, Customer Validation, etc.
Each Start-ups, through the established financial resources, shall be provided with a maximum seed money of up to two hundred fifty thousand pesos (Php 250,000.00) plus Corporate, regulatory and general legal payment and consulting plus Business management classes plus Marketing, Financial, Intellectual Property consulting and registration plus Incorporation and business registration cost plus Office space. The seed money is subject to final funding budget agreed upon by the TBI Committee.