Tuesday, March 12, 2019

About IT Business Incubator in CUET Campus



The country's first IT business incubator is going to be established in CUET (Chittagong University of Engineering and Technology) campus soon. At the university level, this type of IT business incubator is being built only in CUET. The construction work of this incubator will start in the beginning of July inside the campus area on 5 acres of land.

The government has taken up the project to build an IT business incubator in CUET to make the country's capacities affordable and to develop skilled manpower in ICT sector. On 6th June 2017, the Prime Minister Sheikh Hasina approved the project at the meeting of ECNEC (Executive Committee of the National Economic Council).

Under the supervision of Bangladesh High Tech Park Authority (BHTPA), the decision was taken to implement the project from July 2016 to July 2019. At that time the cost of this project was estimated to be near 77 crore taka.


However, the construction of IT Business Incubator could not be started at the time fixed due to the replacement of some officials associated with the implementation of the project, and due to the complexity of appointment of consultant organizations.

Although the initiative to build this IT Business Incubator in CUET campus was stuck due to some complications. Recently, all of these complications have been resolved for the efforts of the State Minister for Information and Communication Technology Junaid Ahmed Palak. Hopefully it will be possible to start building the country's first IT business incubator in early July.

Construction work is going on after some years of taking up the project - that's why the cost of construction may be slightly increase.


Small details about the IT business incubator:
  • Total land area for the project is 5 acres.
  • Up to 7 floors of the 10 storey’s building will be used as incubation building.
  • There will be a total of 35,000 square feet space of 5000 sq ft on each floor.
  • In addition to the incubation building, two dormitories (1 for men, 1 for women) building will be built up to 4 floors on 6 storied foundations.
  • There will be a total of 40,000 square feet space, 5000 sq ft on each floor.
  • A multipurpose training center building will be built up to 6 floors on 8 storied foundations.
  • Total 36,000 square feet space, 6000 sq ft on each floor.


IT Business Incubator will bring revolution in the technology sector. The youth of our country is running behind the job. They cannot show the courage to be an entrepreneur due to various limitations. This IT Business Incubator will help students become entrepreneurs in the technology sector.

CUET's IT Business Incubator will open the door for potential young people for creative youth. Anyone here can bring any kind of creative idea. Using this idea the responsibility to create a productive product is up to the incubator authority.

The students of our country are very meritorious and hardworking. A revolution in the country's technology sector will happen if they get proper training and new invention facilities through IT Business Incubator in CUET campus. In the IT sector, local capacity will increase multiplied.


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