Frequently Asked Questions (FAQ) - National Board for Technology Incubation (NBTI)
The National Board for Technology Incubation (NBTI) is a government agency under the Federal Ministry of Science and Technology in Nigeria. It is responsible for promoting technology-based startups and fostering innovation by providing support, resources, and a conducive environment for entrepreneurs and researchers.
NBTI was established under the Federal Ministry of Innovation, Science and Technology in 2005 with the objective of bridging the gap between research institutions and the business sector, thereby promoting the growth of technology-driven enterprises in Nigeria.
To register for a Technology Incubation center under NBTI, you can follow these steps:
- Visit the official NBTI website or contact the nearest NBTI office.
- Inquire about the application process and the specific requirements for registration.
- Complete the application form, providing information about your startup, innovation, and team.
- Submit the application form along with any required documents.
- Await confirmation and feedback from NBTI regarding your application.
NBTI's programs are primarily designed for startups and entrepreneurs in the technology and innovation space. Individuals with innovative ideas, prototypes, or research outcomes can connect with NBTI to explore the possibility of joining their incubation programs.
NBTI facilitates the transfer of technology from research institutions to the private sector by creating a platform for collaboration. It helps researchers commercialize their inventions and innovations, allowing startups to leverage these technologies for product development and business growth.
Yes, NBTI supports startups in protecting their intellectual property rights, such as patents, trademarks, and copyrights. This protection ensures that the innovations developed by startups remain secure and can be commercialized without concerns about unauthorized use.
While NBTI itself may not provide direct funding, it assists startups in accessing funding sources such as venture capital, angel investors, government grants, and other funding opportunities. NBTI's network and resources can help startups connect with the right funding partners.
You can stay informed about NBTI's activities by visiting the official website, following the social media accounts, and subscribing to their newsletters. These channels provide regular updates on programs, events, and success stories within the technology incubation ecosystem.
NBTI plays a crucial role in Nigeria's economic development by fostering innovation, creating job opportunities, and supporting the growth of technology-based businesses. By nurturing startups and enabling technology transfer, NBTI contributes to the overall advancement of the nation's economy.
Mission and Vision
The vision of the program is to pursue the commercialization of technologies and technical innovations using technology incubation as a tool in order to enhance the attainment of technological,industrial,social and economic competitiveness of the country and improve the quality of life of its citizens.
To develop the necessary infrastructure for nurturing technology start-ups;to promote Nigeria’s indigenous potentials through value-added and technology-related activities;and to create enabling environment for effective linkage amongst technology providers,entreprenuers,capital and know how in order to accelerate the development of new enterprises.