IBA CICT - Sindh Research Incubation Centre welcomes first batch

IBA CICT - Sindh Research Incubation Centre welcomes first batch

Karachi, April 30th, 2018: Sindh Research Incubation Centre, executed by Institute of Business Administration Karachi and funded by Information, Science & Technology Department welcomed its first batch in its Ceremony for Seed Capital Distribution in which seed capital for each Startup was given in this ceremony. Total 8 Teams out of hundreds of application were selected for the year-long Incubation program at IBA Karachi City Campus. This Ceremony was headed by Dr. Sikandar Ali Shoro, Special Assistant to CM for Information Science & Technology, Government of Sindh in the presence of Dr. Farrukh Iqbal, Dean & Director, IBA Karachi, Mr. Imran Batada, Director ICT & CICT, IBA Karachi, Mr. Agha Zaheeruddin, Secretary, Information Science & Technology, Government of Sindh, Muhammad Yousuf, Director General, Information Science & Technology, Government of Sindh and other dignitaries from public and private sector.

IBA CICT - Sindh Research Incubation Centre welcomes first batch

While addressing the ceremony, Special Assistant to CM Sindh for Information Science & Technology said, Sindh Research Incubation Centre, this project is not just another project by Information, Science & Technology Department, Government of Sindh but part of our manifesto to promote entrepreneurship culture in our young population so they may play their part in the prosperity of the Province and get it a distinctive standing in the global economy. He further added, this collaboration between Centre for Information & Communication Technology, IBA Karachi and Information, Science and Technology Department, Government of Sindh would help young and aspiring entrepreneurs by providing those opportunities to ensure sustainable growth for their ideas to create commercially viable technology startups.

Mr. Imran Batada while presenting the welcome note congratulated the startups selected after a rigorous evaluation process and said, Sindh Research Incubation Centre will provide talented and promising startups from the Sindh region a quality incubation programs, access to mentor and investor networks, world-class facility and technical resources. This 12-month program is focused on trainings where IT startups are mentored by experts and thought leaders from the industry. The state of the art facility of IBA Karachi will fosters innovation, growth and provide seed capital as well.”

IBA CICT - Sindh Research Incubation Centre welcomes first batch
Dr. Farrukh Iqbal, Dean & Director, IBA Karachi concluded the ceremony and said, The Institute of Business Administration Karachi with the establishment of new centers and partnerships is now much more than a business school. Center for Information & Communication Technology is one of our specialized centers, established to serve the ICT sector of Pakistan. Entrepreneurship culture’s importance to succeed in this era a much known phenomenon and Sindh Research Incubation Centre is a component to play our part in that phenomenon. I welcome all the startups and wish them my best for their duration here at IBA Karachi!

IBA CICT - Sindh Research Incubation Centre welcomes first batch

Media Coverage:

Pakistan Observer:
https://pakobserver.net/iba-sindh-research-incubation-centre-welcomes-first-batch/

The News:
https://www.thenews.com.pk/print/311723-capital-seed-money-distributed-at-iba-ceremony

The Nation:
https://nation.com.pk/03-May-2018/corporate-corner

Daily Ausaf:
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Daily Ummat:
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