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IBA project to strengthen entrepreneurial ecosystem

2024-09-22
KARACHI: The Institute of Business Administration (IBA), Karachi launched I-INCUBATE, an incubation programme supported by the Higher Education Commission (HEC).

The launch event was organised by IBA`s Centre for Entrepreneurial Development (IBA-CED).

This initiative formally establishes IBA`s incubation programme following a highly competitive process, further strengthen-ing the Institution`s commitment towards start up innovation.

The HEC-funded I-INCUBATE is a 13-month programme offering structured training, dedicated mentoring, goal setting, accountability, networking, and coworking space amongst many other resources and facilities.

The programme aims to increase the sustainability of the selected student startups, empower-ing them to create positive societal impact through innovation, job creation, income generation and economic growth, while strengthening the entrepreneurial ecosystem.

The event commenced with a welcome address by Dr Lalarukh Ejaz, director IBA-CED, while a programme overview was given by Kanza Sohail, lead incubation programme, followed by an introduction to theselected startups.

Shortlisted startups from universities including IBA Karachi, University of Karachi, DHA Suffa University, Denning Law School, NED University, Jinnah University for Women, FASTNUCES Karachi, and Iqra University will be participating in the I-Incubate programme.

These startups span industries including Edtech, Marketplace, Online Earning, Lifestyle,Tourism, Agritech, Electric Bikes, Legal, Engineering, Circular Economy, Energy, Pharmacy, Fintech, Healthtech, B2B Commerce, and Employability.

The event concluded with a networking hi-tea, providing a platform for HEC representatives, IBA leadership, and key industry ñgures to engage and collaborate.-PPI