Questionnaire: BUSINESS INCUBATION CENTER

BUSINESS INCUBATORS:

Business incubators are programs designed to accelerate the successful development of entrepreneurial
companies through an array of business support resources and services, developed and orchestrated by
incubator management and offered both in the incubator and through its network of contacts. Incubators
vary in the way they deliver their services, in their organizational structure, and in the types of clients they
serve. Successful completion of a business incubation program increases the likelihood that a start-up
company will stay in business for the long term: Historically, 87% of incubator graduates stay in business.

Incubators differ from research and technology parks in their dedication to start-up and early-stage
companies. Research and technology parks, on the other hand, tend to be large-scale projects that house
everything from corporate, government or university labs to very small companies. Most research and
technology parks do not offer business assistance services, which are the hallmark of a business incubation
program. However, many research and technology parks house incubation programs.

We are final year students of FAST SCHOOL OF BUSINESS and this is a part of our Final Year Project.
The main idea of the study is to make a feasibility report on building a Business Incubator at technological
university in Islamabad/Rawalpindi, taking FAST University Islamabad as a case.

The idea is to provide students with different projects by the companies working from the Business
Incubator which will help them increase their knowledge as well as provide them with a platform to test
their skills at an industry level.

After the feasibility analysis we will suggest a course of action in the light of findings obtained.

1
 Questionnaire: BUSINESS INCUBATION CENTER
Is your family into any business?
Yes No

Do you own a business?

YES NO If Yes, please proceed to page 4

Do you have any business idea, on which would you like to work?
Yes No If No, please proceed to page 5.

Are you planning to do any type of business in future?

Yes No

If Yes, when do you plan to start this business? If No, Give Reason
Within 6 months More than one reason can be selected.
Within 1 years
Within 2 years Too young & inexperienced
More than 2 years Lack of determination
Family to support
Fear of uncertainty
Fear of competition
A job is the default
Insufficient capital resources
Lack of planning/no detailed business plan
Independently wealthy
Parents want you to be a doctor etc

Would you be willing to start your business in an incubation center?

Yes No

If Yes, Go to Page 3
If NO, please reason and proceed to page 5:

2
 Questionnaire: BUSINESS INCUBATION CENTER

What best describes your main business idea(s)? Please select the closest description.
Advanced/high tech manufacturing
Business and financial services
Information and Communication Technology
Other manufacturing activities please specify:
Other service activities please specify:
Research and development
Sales, marketing and distribution

If you were to consider locating in a business incubator how would you rank, in order of importance, the
following criteria? PLEASE PICK THE TOP FIVE in order of importance (1 is Most Important; 5 Is Least
Important).

Architectural design of business incubator

Flexible lease terms for incubator units
Geographical location of business incubator
IT and Communication infrastructure (i.e. broadband, Wi-Fi)
Links to higher education establishments
Links to Local Enterprise network
Networking and interaction with other incubator tenants
Price of incubator units
Provision of professional business advice
Quality of incubator units
Perceived scale of business in the next 5-10 years?
Local (one city) National International Virtual Company

Please proceed to page 5

3
 Questionnaire: BUSINESS INCUBATION CENTER
Name of your company

What best describes your main business idea(s)? Please select the closest description.
Advanced/high tech manufacturing
Business and financial services
Information and Communication Technology
Other manufacturing activities, please specify:
Other service activities, please specify:
Research and development
Sales, marketing and distribution

What is your experience as an entrepreneur in Islamabad and Rawalpindi?

Started one Started multiple Other

Where is your entrepreneurial focus?

Sector specific (i.e. Food) Diverse, a range of business areas

If you were to consider locating in a business incubator how would you rank, in order of importance, the
following criteria? PLEASE PICK THE TOP FIVE in order of importance (1 Is Most Important; 5 Is Least
Important).

Architectural design of business incubator

Flexible lease terms for incubator units
Geographical location of business incubator
IT and Communication infrastructure (i.e. broadband, Wi-Fi)
Links to higher education establishments
Links to Local Enterprise network
Networking and interaction with other incubator tenants
Price of incubator units
Provision of professional business advice
Quality of incubator units

Why do you think other companies use business incubators, PICK THE TOP FIVE REASONS in order of
importance (1 is most important; 5 is least important)?

Architectural design of business incubator

Flexible lease terms for incubator units
Geographical location of business incubator
IT and Communication infrastructure (i.e. broadband)
Links to higher education establishments
Links to Local Enterprise network
Networking and interaction with other incubator tenants
Price of incubator units
Provision of professional business advice
Quality of incubator units
Do you think business incubators make a valuable contribution to the economic development?

Yes No Not sure

4
 Questionnaire: BUSINESS INCUBATION CENTER

Currently studying?
Yes No

Education:
Undergraduate Post-graduate (Masters) PHD

Discipline:
Computer Science Telecom-engg Electrical-engg Management Sciences

Marital Status:
Single Married

Gender: Male Female

Age:
Name:
Occupation:

Job status:
Employed Unemployed

If employed, basic salary:

10,000 - 20,000
20,001 - 40,000
40,001 - 60,000
60,001 – 100,000
100,001+

Thank you for your time.