The Academy of Scientific Research and Technology (ASRT) works to bridge the gap between Academic Researchers, professionals and business community by transferring innovative technological ideas that are too risky and in a too early stage for private investments , into products and startup companies through launching and adopting the National Program for the Technological Incubators “Intilac”.
ASRT has launched “Intilac” program since October 2015, in a serious trail to enhance and support the successful Technological ideas transforming them into successful startups. This takes place through providing the financial, technical and logistic support, and having competitive products. The result will be reflected on the social and economic levels and will participate in getting solutions to the national challenges and constrains based on science and knowledge.
“Intilac” program addresses undergraduate and post graduate students and their graduation projects, entrepreneurs in their early steps, researchers in Universities and Research Centers, anyone who has patented or any person having an innovative idea. “Intilac” is willing to incubate them and their innovative ideas in one of the technological incubators, established by ASRT in its Regional Development centers in 6 different Governorates. These technological and Specialized Incubators are in Wadi El-Gadeed Governorate, Tanta Governorate, Dumyat Governorate, Zagazig Governorate , Sohag Governorate and Suez Governorate.
“Intilac” provides the accepted applicants with: Financial support with 150.000 EGP/project in one year, Business and entrepreneurship training, Technical Mentoring, networking events and exhibitions whether regional or international events, physical space for their startups in the period of incubation, computer access and telecommunications, administrative services, legal advices and services and getting all the required and necessary permissions for their startups from the specialized authorities whether they are governmental or non-governmental authorities .
In its first cycle, “Intilac” program has 77 applicants from different governorates, submitted in various sectors and areas.