Entrepreneurs urged to bring new ideas in Pakistan

Govt. encourages new ideas

A two-day International Symposium on Technology Entrepreneurship and Incubation organised by National ICT R&D Fund has begun in HEC Secretariat. It is being organised in collaboration with Institute of Business Administration (IBA) Karachi and Higher Education Commission (HEC) of Pakistan.

The purpose of the symposium is to develop the entrepreneurial mindset and share new ideas and developments in the area of entrepreneurship and incubation with faculty members, managers of incubators and ORIC managers.

It aims at encouraging entrepreneurs, start-ups, and incubators in bringing new ideas and implementing them in an efficient manner.

Speaking on the occasion, Engr. Baligh-ur-Rehman reiterated the Government’s resolve to encourage youth to come forward and play their part in not the only betterment of their lives but also the country’s economy by their contributions to growing and emerging market.

He said that government considers them a real asset that could guarantee a bright future.

“This is high time to provide youth the opportunities to nurture themselves in the best possible manner keeping in view needs of 21st century.”

He also lauded the role of HEC in promoting entrepreneurship culture in the country by establishing Business Incubation Centres and ORICs in Pakistani universities. He also admired ICT R&D Fund for their initiatives.

Earlier, in his welcome address, HEC chairman Dr Mukhtar Ahmad briefed the audience about different initiatives that HEC has taken to promote entrepreneurship and incubation activities in the universities.

He said HEC had established Business Incubation Centres to facilitate students and start-ups to have a platform from where they could start their journey.

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The Chairman said that HEC is committed to promoting a research culture in the country with its focus on research which is aligned with needs of Pakistani society, adding that HEC has set up Offices of Research, Innovation and Commercialization (ORICs) in different universities.

“We need to devise a concrete strategy for our future course of action to promote entrepreneurship and incubation by encouraging the youth to execute their new ideas,” the Chairman said.

He assured that HEC would leave no stone unturned in extending support in this regard.

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