Lahore, October 19, 2022 (PPI-OT):Virtual University of Pakistan played a crucial role in the entrepreneurial consortium (comprising of VU, LCWU, and FJMU) to launch the Khadija Tul Kubra, Business Incubation Centre at Lahore College for Women University in the first stage. The business incubation centre named after the first Muslim woman and wife of the Holy Prophet (PBUH), who is a role model for all businesswomen is being established under an HEC-funded PKR 40 Million Project. The project will also lead to the formation of a BIC at Virtual University and Fatima Jinnah Medical University. The VCs, ORICs, and top management of three universities besides prominent industry leaders attended the ceremony. The meeting lauded HEC as it is profoundly committed to the cause of fostering SMEs and playing an instrumental role in the effective management of BIC.
Rector VU, Prof Dr. Arshad Saleem Bhatti (T.I., S.I.) said that now is an era of innovation, disruption, and entrepreneurial passion and we have inculcated this in the foundation of Khadija Tul Kubra business incubation centre to train future generations with business skills and knowledge. Vice Chancellor LCWU Prof Dr. Bushra Mirza speaking at the inaugural ceremony stated that the purpose of this grant is to accelerate the successful development of start-up and fledgling companies by providing women entrepreneurs with an array of targeted resources and services. Vice Chancellor FJMU Prof Dr. Khalid Masud Gondal stated that this consortium will help the country achieve its goals of sustainability and livelihood.
The consortium will offer capacity-building training programs, and mentorship, and will establish industry linkages to startups selected by BICs of the three respective member universities. The consortium will begin its recruitment drive soon, for its new cohort.
For more information, contact:
Virtual University of Pakistan (VU)
M.A. Jinnah Campus, Defence Road, Off Raiwind Road,
Lahore, Pakistan
Tel: +92-42-111-880-880
Fax: +92-42-99200604, +92-42-99202174
Website: www.vu.edu.pk