UoT’s ORIC hosted session on Business Incubation Program
Posted on 14 Oct, 2020 - Published by Directorate of ORIC
An Awareness Session on Business Incubation Program (COHORT- 4) was held in the video conference room of the University of Turbat (UoT).
The program was conducted by the National Incubation Center (NIC-Quetta) on 13th October 2020 in collaboration with UoT’s Office of Research, Innovation, and Commercialization (ORIC).
The session was attended by the faculty members and students of the university.
In his welcome address Dr. Haneef-Ur-Rehman, Director ORIC has highlighted the achievements accomplished by the Turbat University in a short time in the leadership of Prof. Dr. Abdul Razzaq Sabir, Vice Chancellor University of Turbat.
Mr. Nisar, the Executive Manager, and Mr. Rehmat, the Manager from NIC Quetta spoke on the occasion as keynote speakers.
The session was comprised of an awareness lecture by Mr. Nisar regarding COHORT-4 followed by an in-house Entrepreneurial Activity where students showcased their business ideas, talent, and entrepreneurial skills in different groups.
Highlighting the objectives of the program the speakers said that during six (06) months incubation program, the startups will work on turning their ideas into business with the technical support and mentorship of NIC-Quetta.
Upon successful completion of the Incubation Program, startups will be eligible to make pitches in Investor’s Summit, where they may get funding/investment for scaling up their businesses.
The speakers were on opinion that the students of Main Campus Turbat, Gwadar Campus, and Panjgur Campus were second to none in any fields of life, including entrepreneurial skills, business, and creativity, but there is a need for providing them with reasonable opportunities and platforms enabling them to showcase their talents. They said that “the (NIC-Quetta) is an Entrepreneurship development platform jointly run by BUITEMS and LUMS and funded by Ignite under the auspices of Ministry of IT and Telecom. NIC-Quetta will provide ample opportunity to the students of all campuses of Turbat University to showcase their business ideas and creative abilities through its platform.
After the session, a group of ten (10) students was formed as NIC- Ambassadors at the University of Turbat and given them the responsibility to mobilize the UOT students in order to come with business ideas and participate in the Business Incubation Program (Cohort 4).
At the end, Dr. Haneef Ur Rehman presented the shield to the guest speakers