ISLAMABAD – Kohat University of Science and Technology (KUST) and IdeaGist, world’s largest 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.
KUST(Kohat university of science and technology) and ideaGist signed a MOU
The move was aimed at promoting the PM’s start-up programme which would be launched soon for building a vibrant entrepreneurship ecosystem.
IdeaGist being digital platform supporting the PM’s startup programme, will provide online entrepreneurship trainings to third and final year students of the KUST. We are welcoming ways to promote an entrepreneurial culture and would like to see more self-sustainable new ventures by the students, they said.
Under the project, the world’s leading digital incubator would also provide the students access to skill training in seven emerging technologies, including 3D Printing, AI, AR, Blockchain, Internet of Things, Intelligent Vehicles, and Smart Robots.
A portal www.empowerpakistan.org, they said, has been developed to connect online community of students, alumni, researchers and industry to encourage collaboration in developing innovation driven enterprises.
Both, IdeaGist and KUST Officials agreed to work along for innovations and inventions through entrepreneurial provisions. It would also offer support business incubation center workshops, one-on-one mentoring and process guidelines to the KUST students by connecting the incubator to a global pool of investors.
IdeaGist would help the KUST’s faculty and students get access to National Investment Portal and National Innovation Showcase which would enable them in showcasing their start-ups and getting investment for it, they added.
So far the institutions have been registered with IdeaGist are Bahria University – Islamabad, Balochistan University of IT, Engineering and Management Sciences (BUITEMS), Faisalabad Medical University – Faisalabad, FAST-NUCES – Islamabad, Government College Women University – Sialkot, Government College Women University Faisalabad, Institute of Business Administration – Sukkur, International Center of Chemical & Biological Science – Karachi, Institute of Space Technology (IST)– Islamabad, International Islamic University (IIU) – Islamabad, Jinnah Women University Karachi, Karakoram International University, Kohat University of Science & Technology (KUST), Lahore College for Women University, Mehran University – Jamshoro, National University of Modern Languages – Islamabad, National Textile University – Faisalabad, NAMAL Institute – Mianwali, Nawaz Shareef University of Agriculture – Multan, Pakistan Institute of Development Economics – Islamabad, People’s University of Medical & Health Sciences for Women – Nawabshah (PUMHS), Riphah International University – Islamabad, Shaheed Benazir Bhutto Women University – Peshawar, Sir Syed University of Engineering & Technology – Karachi, The Govt. Sadiq College Women University Bahawalpur, The institute of Management Sciences – Lahore, The University of Poonch Rawalakot, University of Balochistan, IM Sciences – Peshawar, University of Baltistan – Skardu, University of Central Punjab – Lahore, University of Engineering and Technology – Lahore, University of Gujrat, The Women University – Multan, University of kotli AJ & K, University of Okara, University of Peshawar, University of Sargodha, University of Sindh – Jamshoro, whereas all Universities, Technical Education Institutions, Colleges and Madrassas are invited to get registered to become a part of sustainable startup ecosystem.
Incubators and Accelerators have been registered with IdeaGist are Aptech Karachi, CGNPK Islamabad, Plan9 (PITB), Seed Ventures Karachi, Social Innovation Lab (SIL) Lahore, whereas all others are invited to become a part of startup ecosystem at their earliest.