What does TIIC mean in TECHNOLOGY

TIIC is a platform for entrepreneurs to access resources, capital investments, mentorship and other support necessary to bring their innovative ideas to life. It serves as a launchpad for business owners to shape their vision into successful projects, products or services.

TIIC provides an opportunity for individuals, startups and businesses in the early-stages of development to access resources they need to get their entrepreneurial journey off the ground. It is also designed for established businesses wanting to explore new technologies or expand their current operations.

Through TIIC, entrepreneurs can access tools and resources such as capital investments, industry connections, mentorship from experts, market research, technological support and guidance on regulations.

The incubation process begins with entrepreneurs submitting business plans that showcase their ideas and goals. During the incubation period, participants are guided through every step of the process by an experienced team who offer advice on legal matters, financial planning and marketing strategies. At the end of this period participants receive final evaluations and recommendations based on their progress.

TIIC caters predominantly to technology companies keen on pushing the boundaries of innovation while consolidating existing ones. Companies working in AI/ML (Artificial Intelligence/Machine Learning), Robotics & Automation Technologies are particularly suited for this program. However any concept that introduces efficiency gains within its chosen domain would be naturally considered favourably.

In order to qualify for TIIC participation applicants must demonstrate commitment along with knowledge in their respective field or expertise regarding market conditions in which they plan to operate within; provide high-quality documentation reflecting operational details; have sufficient capital resources; and present a minimum viable product lifecycle (MVP).

Before submitting your application you should research potential investors that might be interested in your project; assess how well equipped you are at marketing your product/service; develop a timeline that outlines all milestones required for successful completion; ensure you have an appropriate budget allocated towards team members’ wages as well as operational expenses incurred throughout execution stages; establish contact points with auxiliary organisations such as accelerator programs if needed; properly review all contracts signed between parties involved including NDAs (non-disclosure agreements); be aware of compliance rules applicable within chosen jurisdiction(s); seek out legal advice if needed.

Yes indeed! After graduating from our program we continue advising our alumni regarding new opportunities arising within their respective sector as well as connecting them with prospective partners or possible investors where applicable. We also organise frequent networking events where former participants can meet with current cohort in order to stay updated on best practices or discuss common challenges faced by tech startups.