Institute of Business Administration (IBA), Karachi launched IINCUBATE, an incubation program supported by Higher Education Commission (HEC) and organized by IBA Centre for Entrepreneurial Development (IBACED). The launch event took place at Aman Tower, IBA City Campus, and was attended by personnel from the local entrepreneurial ecosystem.
This initiative formally establishes IBA’s incubation program following a highly competitive process, further strengthening the Institution’s commitment towards start up innovation.
The HECfunded IINCUBATE is a thirteenmonth program offering structured training, dedicated mentoring, goal setting, accountability, networking, and coworking space amongst many other resources and facilities. The program aims to increase the sustainability of the selected student startups, empowering them to create positive societal impact through innovation, job creation, income generation and economic growth, while strengthening the entrepreneurial ecosystem.
The event commenced with a welcome address by Dr. Lalarukh Ejaz, Director IBACED, while a program overview was given by Ms. Kanza Sohail, Lead Incubation Program, followed by an introduction to the selected startups.
Shortlisted startups from universities including IBA Karachi, University of Karachi, DHA Suffa University, Denning Law School, NED University, Jinnah University for Women, FASTNUCES Karachi, and Iqra University will be participating in the IIncubate program. These startups span industries including Edtech, Marketplace, Online Earning, Lifestyle, Tourism, Agritech, Electric Bikes, Legal, Engineering, Circular Economy, Energy, Pharmacy, Fintech, Healthtech, B2B Commerce, and Employability.
The event concluded with a networking hitea, providing a platform for HEC representatives, IBA leadership, and key industry figures to engage and collaborate.