In a strategic partnership aimed at fostering innovation and entrepreneurship, the Shahjehan Syed Karim Incubation Center (SSKIC) at the Institute of Business Management (IoBM) and the FAST- National University Karachi Campus signed a Memorandum of Understanding (MoU) on August 27, 2024. This MoU establishes a comprehensive framework for collaboration between IoBM and FAST, including exchanging information and best practices, applying for joint funding grants and programs, and collaboration on workshops, seminars, training programs, and boot camps designed to nurture tech entrepreneurial talent.
The MoU also emphasizes collaboration in the UNESCO Entrepreneurship Education Network- Pakistan Chapter- groundbreaking initiative, Start-up readiness program where tech start-ups are highly encouraged to apply. Seasoned entrepreneurs and industry practitioners will lead interactive training programs starting from September 14, 2024, and provide guidance and support to prospective students in the program.
Click here to read a summary of the Start-Up Readiness program:
https://incubation.iobm.edu.pk/startup-readiness-program/
Mr. Raza Abbas, Head of SSKIC at IoBM, facilitated this MoU. The signatories were Prof. Dr. Tariq Rahim Soomro, Rector of IoBM, and Dr. Zulfiqar Memon, Director at FAST. To ensure the effective implementation of the MoU, a joint committee comprising representatives from IoBM and FAST will be established to oversee the progress of collaborative initiatives and evaluate their impact on the startup ecosystem. The ceremony was attended by Professor Dr. Muhammad Abbas, Dean of the College of Computer Science and Information Systems (CCSIS) at IoBM; Dr. Muhammad Kashif, Dean of the College of Business Management (CBM); Syed Faraz Ali, Manager of ORIC; and SSKIC's Agha Muhammad Hassaan, Officer II and Zehra Farooqui, Management Trainee. The ceremony concluded with a video presentation of SSKIC's impactful continuous improvement journey in 3 years.