Honored to welcome a distinguished delegation from Coventry University (CU) to IBA CED!
We delved into discussions on fostering collaborative efforts and academic exchange, emphasizing the vital role of university education in shaping future leaders. Excitingly, the delegation explored our vibrant incubation center, where Incubatees showcased their entrepreneurial strides and the impactful support they receive from IBA CED. A special highlight - CU guests shared insights on startup collaborations and funding opportunities, opening doors for international students and incubates.
21st Nov 2023: Session on Early-Stage Fundraising for University Startups and Spinoffs
Dr. Thanh Huynh, Coventry University (CU) UK a inspiration in startup success, shared invaluable insights on Early-Stage Fundraising for University Startups and Spinoffs on November 21, 2023. The session drew in students, incubate, and aspiring entrepreneurs, creating an atmosphere of knowledge and inspiration. CU guests generously shared insights on startup collaborations and funding opportunities. Excitingly, doors are now open for international students and incubators to join CU's network of shareholders, and venture capitalists.
IBA Karachi concluded a spectacular Global Entrepreneurship Week (GEW) 2023 in collaboration with Global Entrepreneurship Network (GEN) Pakistan, showcasing a week-long celebration of entrepreneurship, innovation, and economic vitality. Dr. Lalarukh Ejaz, Director of the Center for Entrepreneurial Development (CED), welcomed participants to an extravaganza that transcended boundaries.
The week commenced with a captivating workshop, "Boosting Entrepreneurship in University Education," featuring esteemed trainers Dr. Sanna Ilonen and Mr. Joachim Ramström from the University of Turku, Finland. Noteworthy contributions from IBA CILET added to the workshop's success.
Day two featured Mr. Roman Ermoshin, Director APAC at inDrive, leading a thought-provoking session on "Accelerating Change: Leadership's Role in Technology Adoption and Brand Building." The discussions covered the gig economy, social responsibility, continuous IT learning, and the pivotal role of data. read more...
The IBA Center for Entrepreneurial Development (CED) organized the captivating Global Entrepreneurship Week (GEW) 2023 celebrations, unveiling a compelling display of innovation within Pakistan's burgeoning startup landscape.
The apex of this week-long extravaganza was the Invent 2023, IBA CED Flagship Startup Competition, drawing an impressive 192 applications nationwide. The journey, from initial submissions to the meticulous selection of the top 10 finalists, was marked by rigorous scrutiny and palpable excitement.
Noteworthy among them were Banana Leather, Bigger Brick, and HK Automation, emerging as groundbreaking contributors in waste management, construction, and air quality monitoring, respectively, securing the coveted top 3 positions.
This accolade underscored their innovative approaches, positioning them as pivotal players in tackling pressing challenges. The triumph of Invent'23 not only enhanced the entrepreneurial legacy of the Institute of Business Administration (IBA) Karachi but also emphasized the transformative influence of startups in shaping a sustainable and impactful future.
Beyond elevating the entrepreneurial legacy of the Institute of Business Administration (IBA) Karachi, this event underscored the transformative potential of startups in addressing global challenges.
Day three of Global Entrepreneurship Week 2023 at IBA CED kicked off with an engaging Panel Discussion featuring the opening speech by Dr Akbar Zaidi, Executive Director IBA Karachi, emphasizing the pivotal role of entrepreneurship and the support extended by IBA CED. Dr Lalarukh Ejaz, Director CED followed welcomed guests, setting the stage for three compelling panel sessions.
The first panel explored the intricate relationship between government policies and their impact on the entrepreneurial ecosystem, featuring distinguished speakers delving into how governmental initiatives can catalyze entrepreneurial growth.
The second panel focused on the challenges startups face in Pakistan concerning investment readiness and compliance, with experts and entrepreneurs sharing insights and strategies.
The day concluded with a celebration of Women's Empowerment through inclusive and Diversified Entrepreneurship shedding light on the resilience and creativity of women entrepreneurs and aiming to pave the way for more inclusive practices in entrepreneurship.
IBA Center for Entrepreneurial Development successfully concludes a transformative two-day workshop and master class as part of the Global Entrepreneurship Week (GEW) 2023.
This event brought together a diverse group of participants, including faculty members from various universities, for a unique exploration of entrepreneurship in university education.
In the closing ceremony of the workshop on "Boosting Entrepreneurship in University Education," Dr. Lalarukh Ejaz, the Director of CED, expressed gratitude to all participants for their enthusiastic engagement and unwavering commitment. She highlighted the collective journey of shared learning, growth, and collaboration that fostered a strong sense of community and passion for entrepreneurship.
The trainers from the Turun yliopisto - University of Turku, Finland share their thoughts about their experience of the 'Workshop on Boosting Entrepreneurship in University Education' as part of the Global Entrepreneurship Week 2023 held at IBA Center for Entrepreneurial Development. They had a positive experience and shared insights gained from their entrepreneurial learning.
On the second day of Global Entrepreneurship Week (2023), November 14th, 2023, a session on "Accelerating Change: Leadership Role in Technology Adoption and Brand Building" was conducted by Mr. Roman Ermoshin, Director APAC InDrive.
The speaker covered a range of topics in the session, including the gig economy's growth, the importance of social responsibility, the need for continuous IT learning, insights from the Industrial Revolution, the value of data in decision-making, fostering innovation, purposeful business models, sustainability, talent management, customer relationship-building, and the crucial skill of continuous learning for adaptability in a dynamic business environment.
The discussion emphasized the interconnected nature of these elements in shaping a successful and resilient business strategy.
It is with immense pleasure that we announce the commencement of Global Entrepreneurship Week (GEW) 2023 at the Institute of Business Administration's (IBA) Center for Entrepreneurial Development (CED). This week-long celebration kicked off with a captivating workshop titled "Boosting Entrepreneurship in University Education," featuring esteemed trainers from the University of Turku, Finland.
Dr. Lalarukh Ejaz, the Director of CED, welcomed a dynamic and accomplished audience, including international and national faculty members. In her opening remarks, she emphasized that GEW is not merely an event; rather, it is a celebration of innovation, collaboration, and the boundless potential within each aspiring entrepreneur.
In attendance were Dr. Sanna Ilonen, Teacher of Entrepreneurship, Joachim Ramström, Senior Lecturer in Marketing, and Ari Koski, Account Manager, all from the University of Turku. Their insights promised an engaging exploration of innovative approaches to integrating entrepreneurship into university education, fostering a spirit of innovation and collaboration among students. Participants from IBA's own faculty, Punjab University, IoBM, NED, Karachi University, and beyond will engage in activities designed to empower and inspire.
The workshop, in particular, delves into innovative approaches to integrate entrepreneurship into university education, aiming to foster a mindset of creativity and enterprise among students.
The week's agenda includes a diverse array of events as mentioned below:
Panel discussions - 15th November 2023
Iventure startup showcasing- 13th and 14th November 2023
Invent: IBA CED Startup Pitch Competition - 16th November 2023
As we embrace the spirit of entrepreneurship, the IBA CED seeks to create meaningful connections and pave the way for a future filled with innovation and success. Throughout the week, participants are encouraged to seize the opportunities presented, connect with like-minded individuals, and absorb the wealth of knowledge shared.
This event was a must-attend for students and aspiring entrepreneurs looking to turn their business dreams into reality, visionary entrepreneurs striving to master financial modeling, and ambitious innovators seeking the keys to unlocking venture capital for their groundbreaking ideas.
Guiding students on this enlightening journey was our exceptional trainer, Dr Sana Tauseef, an expert in the field, ensuring that participants received top-notch insights and knowledge.
Topics covered in one-day skill-based workshop included the basics of entrepreneurial finance, financial literacy and modeling, setting financial goals, valuation, and an insider's look into how venture capitalists evaluate opportunities. Stay tuned for more enriching sessions, and get ready to fuel your entrepreneurial journey with knowledge and insight.
IBA CED successfully launched Certificate in Entrepreneurship (CIE) Batch 14. Dr Amber Gul, Program Lead Training & Development welcomed the participants and briefed them about the program. Supporting partners from Delhi Punjabi Saudagran Foundation (DPSF) and Jaffer Family Foundation (JFF) graced the ceremony with their contribution. Ms. Kanza Sohail, conducted a session on Entrepreneurial Mindset and engaged the participants in experiential learning. The orientation session ended with a Hi-tea.
IBA CED is excited to announce its partnership with Global Entrepreneurship Network (GEN) Pakistan for Global Entrepreneurship Week 2023. This historic collaboration was officially sealed on September 14, 2023, through the signing of a Memorandum of Understanding (MoU) in an online ceremony.
This partnership signifies a momentous occasion as two influential organizations in the realm of entrepreneurship and innovation come together. IBA CED and GEN Pakistan are poised to reshape the global landscape of entrepreneurship, fostering innovation, creativity, and the entrepreneurial spirit across borders.
IBA CED’s commitment to celebrating and promoting entrepreneurship during Global Entrepreneurship Week (GEW) 2023 is further solidified through this partnership. The week-long event will feature a diverse array of activities, including the prestigious Invent’23, CED flagship startup pitch competition, entrepreneurship teaching pedagogy & research workshops, panel discussions led by industry experts, and inspiring startup showcases. This collaboration aims to unite industry leaders, educators, researchers, and aspiring entrepreneurs for a week of empowerment, growth, and collaboration.
IBA CED hosted an informative session on “Customer Relationship Management for Entrepreneurs” exclusively for incubatees and students. The session was conducted by Mr. Mohammad Afzal Khan.
This interactive session provided invaluable insights and strategies to help emerging entrepreneurs build and maintain strong customer relationships. Attendees learned about the importance of CRM in business growth, effective tools and techniques, and real-world case studies of successful CRM implementation. The session ended on an enthusiastic note with a group photo capturing the participants' positive energy and excitement.
IBA CED hosted an informative and engaging roadshow of “Shell Tameer Awards” which was facilitated by Mr. Imran Azeem, the esteemed Head of Training and Development at Shell Live WIRE.
During the roadshow, participants had the chance to gain insights about Shell Tameer Awards i.e., introduction, benefits, eligibility criteria, categories, important dates, and success stories.
About Shell Tameer Award: It is a nationwide competition, to recognize, celebrate and reward young talent making significant contribution in the national entrepreneurship space.
We are thrilled to announce that Campus Crave Café is officially live and ready to satisfy your cravings!
IBA Center for Entrepreneurial Development (CED) has incredibly supported Campus Crave Café for enhancing campus dining experience under the umbrella of its Student Entrepreneurship Development initiative.
Visit Campus Crave Café and indulge in a gastronomic adventure right here on campus. From delicious breakfasts to mouthwatering sandwiches, burgers, and refreshing beverages, they have got something for everyone!
Find the Campus Crave Café, near OBS Courtyard, Main Campus.
Follow them on Instagram: @Campus_Crave to explore their menu and place your orders.
Let's make this campus dining experience exceptional!
On the third day of the IBA Orientation Gala 2023, a highlight was the IBAZAAR, a magnificent entrepreneurial festival meticulously arranged by the IBA Center for Entrepreneurial Development (IBA CED) in collaboration with the Office of Student Affairs (OSA) at the City Campus. This event aimed to celebrate the remarkable innovation and creativity demonstrated by both current students and alumni.
The IBAZAAR bragged an impressive array of over 55 exhibits, showcasing a diverse range of ventures spanning from eco-friendly initiatives and technological marvels to cutting-edge fashion, health, and beauty startups.
One of the noteworthy occurrences during the festival was the launch of a book titled "Midnight Crises," written by a teenage entrepreneur who had participated in the Entrepreneurship Summer School 2023 program. The book's release was tied to the young entrepreneur's startup, "Wonder Tales."
A special acknowledgment was given to all the participants and displays at the IBAZAAR, which added significant value to the event. The hope is that this festival will play a pivotal role in inspiring the incoming students to tap into their entrepreneurial potential, thus making valuable contributions to IBA's flourishing startup ecosystem. Dr. Lalarukh Ejaz, Director, CED and Maheen Ghauri, Dean, OSA also interacted with the enthusiastic newcomers.
Dr Akbar Zaidi, Executive Director IBA Karachi, Dr Lalarukh Ejaz, Director CED and Maheen Ghauri, Dean Student Affairs graced the iSHOP launching ceremony.
iSHOP is a university merchandise shop having merchandise produced by IBA students and managed by IBA students to be launched during O'Gala and continue it's operations, thereafter.
IBA Center for Entrepreneurial Development (CED) collaborates with Office of Student Affairs (OSA) for the iSHOP painting activity.
Dr Akbar Zaidi, Executive Director IBA Karachi, Dr Lalarukh Ejaz, Director CED and Maheen Ghauri, Dean Student Affairs graced the iShop launching ceremony.
IVENTURES is a Student Entrepreneurship Development (SED) initiative led by Center for Entrepreneurial Development (IBA CED). IBA CED IVENTURES invites current IBA students to become part of our exclusive IVENTURES, to demonstrate their entrepreneurial prowess in form of a showcase.
IBA Center for Entrepreneurial Development (CED) collaborates with Office of Student Affairs (OSA) for the IVENTURES showcasing
IBA Center for Entrepreneurial Development (CED) is delighted to participate in the IBA Orientation Gala (O'Gala'23) for the new batch of students. During the event, IBA CED aims to provide an insightful orientation about entrepreneurship programs and showcase the diverse activities conducted by the center. The focus areas include incubation, training, and development, & student enterprise development. By supporting student-led enterprises and sustainably fostering youth entrepreneurship, IBA CED empowers young minds to explore their entrepreneurial potential.
IBA CED organized a Meet & Greet session for CED incubatees on Monday 17th July 2023 where they shared learnings, ideas, issues and achievements related to their startups. Mr. Jawwad Farid engaged the participants in his thought-provoking talk where he passionately delved into the interactive discussion by highlighting crucial elements for startup success. A special cake cutting ceremony was held to celebrate the success of IBA-PMNIA training program winners including Mr. Mahad Arif (Calcix), Ms. Zainab Brohi (Khud Muhafiz) and Ms. Nayab (Bhaan).
IBA CED hosted an incredible workshop on Building a Customer Profile for a New Product or Service on 8th July, 2023. Dr. Mohammad Azam Ali, Assistant Professor IBA facilitated the workshop. In just two hours, participants delved into the concepts and practical skills needed to develop a customer profile that drives success. They explored customer jobs, pains, and gains, and how they shape a value proposition. They discovered the secrets to winning over customers with irresistible offerings. They were engaged in dynamic role-playing exercises to practice our interview techniques and mastered the art of mapping customer insights based on interview data.
The IBA CED Entrepreneurship Summer School (ESS) for Kids 2023 was launched on Saturday, June 10, 2023 at IBA Main Campus. Director IBA CED, Dr. Lalarukh Ejaz welcomed all the kids, parents, and other guests. She highlighted that IBA CED is committed to inculcate entrepreneurial mindset among Pakistani youth so that they can solve our socio-economic problems. During the eight days journey, kids learned entrepreneurial mindset with a flavor of graphic designing, basic electronics, game development through pico and leadership through sports under the leadership of Dr. Imran Khan. Our talented young bakers have poured their hearts and creativity into these delightful treats, offering an array of homemade goodies. The ESS for Kids 2023 was a resounding success, leaving an indelible mark on the young participants and their families. We are immensely grateful to all the parents, mentors, and guest speakers who supported and inspired our seven days kidpreneurs throughout this journey. Their unwavering encouragement and guidance played an instrumental role in shaping their confidence and fostering their entrepreneurial dreams.
The Institute of Business Administration (IBA) and Karakoram International University (KIU) signed an MoU on 5th May 2023. The objective of this MOU is to establish collaboration between IBA-CED and ORIC, Karakoram University for entrepreneurship related joint training and research projects. The MoU was signed by Dr. S Akbar Zaidi, Executive Director IBA and Dr. Attaullah Shah, Vice Chancellor, KIU. Dr. Lalarukh Ejaz, Director IBA-CED represented CED and Dr. Rehmat Karim, Director KIU Hunza Campus, represented ORIC department.
The Certificate Distribution Ceremony of IBA-Saudagran Entrepreneurship Program (ISEP) batch-2 was held at IBA City Campus on Saturday, April 29, 2023 in which 32 successful participants received their certificates.
The event was also marked for Launching the Third Batch of ISEP and an MOU was also signed by IBA CED and DPSF in this regard. Dr. Lalarukh Ejaz, Director, IBA CED, and Mr. Khurram Yahya, Secretary General, DPSF, signed the agreement.
IBA Center for Entrepreneurial Development (CED) and IBA Center for Excellence in Islamic Finance (CEIF) successfully concluded the IBA INVENT 2022 Finale on Saturday 25th February 2023. 11 startups presented their final pitches before a panel of judges from academia and industry. Dr. Ishrat Husain, Professor Emeritus, IBA; graced the prize distribution ceremony as Chief Guest. The panel awarded the first prize of PKR 300,000 to Renee' Bath and Beauty, second prize of PKR 200,000 to Chiragh Education Technologies and third prize of PKR 100,000 to Edversity.
A 5-day bootcamp on pitching for business ideas for Prime Minister's National Innovation Award was held at IBA CED from Feb 6-10 2023 for participants from Sindh. The CED trainers and coaches trained the participants about improving their pitch decks for the grand finale of Prime Minister's National Innovation Award.
IBA-CED and IBA-CEIF jointly conducted the 4-day online training of Invent 2022 for the selected 59 startups of Invent 2022 from 13th till 16th January 2023.
Day one and four of the training were conducted by the trainers from IBA-CED including Miss Kanza Sohail, Dr. Saima Husain and Mr. Sohaib Ahmed. Day two and three of the training were conducted by the trainers from IBA CEIF including Mr. Ahmed Ali Siddiqui, Mr. Jawad Tahsin, Mufti Abu Bakr and Mr. Shariq Ahmed Khan.
United Nations Industrial Development Organization (UNIDO)'s Poverty Alleviation and Inclusive Development across Rural Sindh (PAIDAR) organized a two months training program on Cluster Development Methodology in between January – February 2023 at NED University Karachi. Two CED staff members; Asghar Azmi and Misbah Amin attended the capacity building training. PAIDAR is a five-year programme, implemented by UNIDO, which aims to contribute to sustainable poverty reduction and improve the livelihoods of poor communities including women and youth in Sindh province.
We would like to congratulate Muhammad Hassan Khan, CEO of Trax, a logistics-based startup for the digital economy, who raised $3.7 million in seed funding from a consortium of strategic investors.
The round was co-led by US-based Amaana Capital, making its second direct investment into Pakistan, and UAE-based Tricap Investments. PNO Ventures committed to the round along with angel investors including Omer Ismail (CEO of One, a Walmart-backed fintech) and Jahanzeb Sherwani (a Silicon Valley tech entrepreneur).
Dr. Lalarukh Ejaz – Director IBA-CED, welcomed the guests, speakers, and all the participants. She congratulated the "Valeem" for successfully raising pre-seed funding from a US-based angel investor. Mr. Ali Rehan and Mr. Ghayas uddin - Co-founders of Valeem and IBA alumni, appreciated the integral role played by IBA-CED in Valeem's success and thanked the IBA-CED team for their continued support in Valeem's journey.
The Institute of Business Administration (IBA), Karachi's Center for Entrepreneurial Development (CED) organized a summit on 'Unlocking The Power of Women Entrepreneurs', collaboratively with CLICK, Sindh Investment Department and IBA's Alumni Affairs Department at the J.S. Auditorium, IBA City Campus. The Chief Guest at the event was Ms. Shazia Marri, Federal Minister for Poverty Alleviation and Social Safety, and Chairperson, Benazir Income Support Programme. Dignitaries from The World Bank, the Sindh Investment Department (SID), and other organizations attended the event. The women entrepreneurs shared their life experiences, their struggles and challenges, and what enabled them to become changemakers.
IBA CED team was invited to attend a closeout event of USAID Small and Medium Enterprises Activity (SMEA) held in Islamabad. The Closeout Event of USAID SMEA in conjunction with Global Entrepreneurship Week, was conducted on November 15th and 16th, 2022, at Serena Hotel, Islamabad. USAID Mission Director, Reed J. Aeschliman visited the IBA-CED kiosk in the event hall on 15th November 2022. IBA-CED team briefed Mr. Reed about the activities, programs and the IBA-USAID SMEA Entrepreneurship Development Program from MSMEs of Balochistan Province.