ISLAMABAD ( PRESS RELEASE )
Superior University, Lahore and IdeaGist , world’s largest digital incubator, signed a Memorandum of Understanding (MoU) to support the third, final year and passed out students in developing their start-up in the country.
The move was aimed at promoting the Kamyab Jawan Startup Pakistan which was started for building a vibrant entrepreneurship ecosystem. Pilot of Startup Pakistan launched in 8 major cities across Pakistan and received an overwhelming response.
Vice Chancellor Superior University, Lahore stated that the current COVID-19 situation is a reminder for us that digitization is the future. This MoU is coming at a time when our students are sitting at home and getting benefit from the digital vision of IdeaGist.
Founder IdeaGist Hassan Syed said that IdeaGist committed to the Prime Minister’s vision of entrepreneurship and looking forward to develop 600 startup incubation units across Pakistan in 190 universities, 300 technical colleges, and 100 top madrasas.
Keeping in view the current COVID-19 situation we started Startup Pakistan Pilot Cohort-1 last month in which 2,107 students from 15 universities actively participated in online entrepreneurship training whereas registration for Startup Pakistan Pilot Cohort-2 is opened till April 26, 2020.
Both, IdeaGist and Superior University, Lahore Officials agreed to work along for innovations and inventions through entrepreneurial provisions. It would also support business incubation center workshops, one-on-one mentoring and process guidelines to the Superior University, Lahore students by connecting the incubator to a global pool of investors.
IdeaGist would help the Superior University, Lahore in getting access to National Investment Portal and National Innovation Showcase which would enable them in showcasing their start-ups and finding investors for them, they added.