Feb 25, 2020: Cheque distribution ceremony of SRIC Batch-2 held at IBA Karachi

Cheque distribution ceremony of SRIC Batch-2 held at IBA Karachi

February 25, 2020: A cheque distribution ceremony for Batch 2 of the Sindh Research Incubation Center (SRIC) was held at the Institute of Business Administration, Karachi's Center for Information and Communication Technology (IBA-CICT). The incubates of SRIC received cheques from the Government of Sindh to support their startups.

During the ceremony, the incubates of SRIC demonstrated progress of their startups in the form of presentations. SRIC is a technology incubator that facilitates the incubation process for 12 months. It is a project of the Information Science & Technology Department (IS&TD), Government of Sindh in collaboration with the IBA Karachi.

The chief guest of the ceremony was Minister, IS&TD, Nawab Muhammad Taimur Talpur while IS&TD was represented by Secretary, Muhammad Nawaz Naseem, Director General, Muhammad Yousuf and Advisor to Minister Syed Zainulabedin Shah, while IBA Karachi was represented by Director ICT & CICT IBA Karachi, Imran Batada. The ceremony was also attended by several C-level executives from the industry.

Mr. Batada in his welcome speech congratulated the startups and appreciated their progress. He said, "The SRIC Project is a great achievement for the Government of Sindh and IBA-CICT. We are trying our level best in helping these incubates progress through diploma programs and state-of-the-art-facilities at the IBA."

On this occasion, Mr. Talpur said, "The SRIC project is part of our manifesto to promote entrepreneurship culture among the youth." He also appreciated the efforts made by IBA-CICT for running the SRIC project with utmost efficiency and providing the incubates a supportive environment where they can thrive and achieve their goals.

Mr. Yousuf in his address said, "The startups of SRIC will create job opportunities, bring new innovation in the market and contribute in the alleviation of poverty."

As per this project, IBA-CICT provides the selected startups incubation facilities for 12 months which include co-working space at the Institute, utilities, and access to investors. The objective is to ensure sustainable growth for early stage ideas related to the field of IT by providing domain specific mentorship and investment opportunities to create commercially viable technology startups from Sindh.

Feb 4, 2020: Process Meeting of SRIC- Batch-2

Process Meeting of SRIC- Batch-2

February 04, 2020: The Progress Report Submission Meeting of Sindh Research Incubation Center Batch-2, a project by Information, Science & Technology Department, Sindh Government in collaboration with IBA-CICT held at IBA City Campus on 4th February 2020.

The Screening Committee including Mr. Imran Batada (Director ICT & CICT), Mr. Hussein Hassanali (GM & Head of IT Audit HBL) and Mr. Farooq Tajik (Deputy Director Finance IST Department, Sindh Government) conducted a one to one meeting sessions with all each startup. During the meeting, the incubates of SRIC presented in front of SRIC Officials. The presentation portrayed progress of the start-ups as done under the project SRIC.

Each start-up during the ceremony explained their progress and proposed the roadmap to further achieve their desired goals. The incubates shared in great length the activities that they have carried out up till now.

After each presentation, the committee members carried out cross questioning to further clarify the progress. The primary aim of presenting the progress of project SRIC was to gauge the amount of financial assistance to the incubates.

Process Meeting of SRIC- Batch-2

Jan 24, 2020: Guest Speaking Session with the Founder of Peekaboo Guru Mr. Mehdi Hassan Haryani

Guest Speaking Session with the Founder of Peekaboo Guru Mr. Mehdi Hassan Haryani

Jan 24, 2020: IBA-CICT invited Mr. Mehdi Hassan Haryani, founder of Peekaboo Guru to motivate and educate the Incubators of Sindh Research Incubation Centre Batch-2 about his experience and factors which made Peekaboo Guru a successful startup.

The success of a startup depends on the founder's passion and enthusiasm. It is, therefore, suggested by Mr. Mehdi that a founder should always consider the innovative solutions for the society which should not only bring improvement but also provide solutions to the existing problems.

Overall, it was an interactive session that addressed the issues confronted by SRIC incubators and how they can overcome them without being demotivated. Mr. Mehdi further added that running a startup is not easy as it takes a lot of patience and encouragement to stay align on it.

At the end of the session, Director ICT & CICT Mr. Imran Batada presented Mr. Mehdi Hassan Haryani with a souvenir as a token of appreciation.

Guest Speaking Session with the Founder of Peekaboo Guru Mr. Mehdi Hassan Haryani

Dec 20th & 21st, 2019: IBA-CICT Organized 2 Day Workshop for SRIC Incubates on Business Intelligence for Startups at IBA City Campus Karachi.

IBA-CICT Organized 2 Day Workshop for SRIC Incubates on Business Intelligence for Startups at IBA City Campus Karachi

IBA Centre for Information & Communication Technology (CICT) organized workshop of 'Business Intelligence' for SRIC startups at IBA City Campus Karachi.

Director IBA - ICT & CICT Mr. Imran Batada was the trainer and mentor of this workshop. The workshop focused on the ways through which data can be utilized for new product/service innovation with these skills they can discover the saturated market sectors and penetrate their service/product for maximum awareness. This would not only create brand awareness but also help in identification of the gaps which can be later utilized for new product/innovation. In addition, these skills can be utilized for business development of new project. The BI knowledge can be used to present clients with current business situations and also forecast information as well.

Furthermore, testimonials of the students for Business Intelligence Workshops can be accessed through the link:

http://cict.iba.edu.pk/testimonials.php | http://cict.iba.edu.pk/videos.php

Click on the link below to apply for our next Batch of Business Intelligence which will commence on January 18th & 19th, 2020:

https://cict.iba.edu.pk/ict_diploma/home/

For more details on other diplomas being offered visit:

https://cict.iba.edu.pk/WorkshopBusinessIntelligenceBigData

IBA-CICT Organized 2 Day Workshop for SRIC Incubates on Business Intelligence for Startups at IBA City Campus Karachi

Dec 14th, 2019: Enrollment of SRIC Batch-2 Incubates in Diploma of Digital Marketing

Enrollment of SRIC Batch-2 Incubates in Diploma of Digital Marketing

Six SRIC Incubates have been enrolled in the Digital Marketing diploma. The reason IBA-CICT have enrolled SRIC Incubates in the Digital Marketing Diploma is to digitally improve and enhance the marketing skills. The diploma is designed to provide exposure of Social Media Marketing, Mobile Marketing, PPC Marketing, Email Marketing and SEO to the SRIC incubators.

The diploma Program includes following courses:

1. Digital Marketing Strategies
2. Social Media Marketing
3. Managing Digital Channels
4. Data Analytics
5. Industry Project

By utilizing digital channels, start-ups can promote, market, and expend their business. The diploma will educate techniques to do effective Budgeting for channels.

Nov 22, 2019: Guest Speaking Session with Mr. Kashif Badar, Advocate at High Court- Specialist in Corporate and Constitutional Law:

Guest Speaking Session with Mr. Kashif Badar, Advocate at High Court- Specialist in Corporate and Constitutional Law:

IBA-CICT invited Mr. Kashif Badar, Advocate at High Court to educate Sindh Research Incubation Centre, incubates about company laws such as company registration, requirements for company registration in Pakistan, registration for income tax and opening of bank account.

Mr. Kashif Badar, explained the Sindh Research Incubation Centre incubates that a successful entrepreneur is the one who find ways to maintain legal compliance and use the law to protect the business therefore it is important to register the company with SECP as soon as possible to avoid any mishap.

Moreover, there was a Q/A session which cleared many queries of the Sindh Research Incubators. At the end of the session, Director ICT & CICT Mr. Imran Batada presented Mr. Kashif Badar with a Souvenir as a token of appreciation.

Guest Speaking Session with Mr. Kashif Badar, Advocate at High Court- Specialist in Corporate and Constitutional Law: Guest Speaking Session with Mr. Kashif Badar, Advocate at High Court- Specialist in Corporate and Constitutional Law:

Nov 08, 2019: Guest Speaking Session with Mr. Yasir Ahmed, Senior Product Specialist from Foodpanda

Guest Speaking Session with Mr. Yasir Ahmed, Senior Product Specialist from Foodpanda

Every startup needs to learn many vital and imperative techniques on how to make their IDEA more attractive to potential investors. The true art in becoming successful is mastering the Pitch and what's the best time to raise money. These were the few things addressed at the guest speaking session of Mr. Yasir Ahmed, Senior Product Specialist at Foodpanda.

The purpose of arranging this session for the Sindh Research Incubation Centre Batch 2 is to educate the incubators about the essentials required for Pitching and Fundraising.

Mr. Yasir Ahmed spoke of the fundamentals of Strong Team Management, Credible Business Plan Projections, Passion and Commitment to Incubators. In addition, there was a Q / A session which resolved number of queries from the Sindh Research Incubators.

At the end of the session, Director ICT & CICT Mr. Imran Batada presented Mr. Yasir Ahmed with a Souvenir as a token of appreciation.

Guest Speaking Session with Mr. Yasir Ahmed, Senior Product Specialist from Foodpanda

Nov 01, 2019: Guest Speaking Session with Mr. Samad Abbas, Founder of T&CS

Guest Speaking Session with Mr. Samad Abbas, Founder of T&CS

IBA-CICT invited Mr. Samad Abbas, Founder of T&CS to share his experience and expertise with the incubators of Sindh Research Incubation Centre (SRIC) Start-ups.

He explained the importance of Commitment, Clarity of Goals and Setting Priorities to young entrepreneurs which would further facilitate incubators in fundraising for developing their start-ups. In addition, Mr. Samad Abbas motivated the incubators and encouraged them to believe in themselves and their startups that would ultimately lead them to success.

There was also a question and answer session which addressed all the ambiguities of SRIC incubators.

At the end of the session, Director ICT & CICT Mr. Imran Batada presented Mr. Samad Abbas with a Souvenir as a token of appreciation.

Oct 25, 2019: Guest Speaking Session with Mr. Danyaal Balkhi, Co-Founder of MandiExpress

Guest Speaking Session with Mr. Danyaal Balkhi, Co-Founder of MandiExpress

Every startup struggles to be successful, but what makes a startup successful was discussed at the guest speaking session of Mr. Danyaal Balkhi, co-founder of MandiExpress held at IBA City Campus. The session was organized for the incubators of the Sindh Research Incubation Center to inspire and encourage these young entrepreneurs.

This session was an eye-opener for all the incubators, as in this session Mr. Danyaal discusses all the difficulties and struggles, they have encountered over the years, but what made them successful is their commitment and determination.

Guest Speaking Session with Mr. Danyaal Balkhi, Co-Founder of MandiExpress

It was very difficult to sell fresh vegetables and fruit on an online platform, and the acceptance of society was a question mark, but they never lost hope and continued to try, which turned out to be successful. He encouraged young entrepreneurs to keep trying and to learn from failure.

He also stated that start-ups are not easy to manage, they are more than a full-time job, demanding as much hard work and dedication as possible. It is therefore important to set up the right team because motivated and innovative people can help the company grow.

At the end of the session, Director ICT & CICT Mr. Imran Batada presented Mr. Yasir Mehmood with a Souvenir as a token of appreciation.

Guest Speaking Session with Mr. Danyaal Balkhi, Co-Founder of MandiExpress

Oct 4, 2019: Guest Speaker Mr. Yasir Mehmood, General Manager Sales at Ismail Industries-Bisconni

Guest Speaker Mr. Yasir Mehmood, General Manager Sales at Ismail Industries-Bisconni

IBA-CICT invited Mr. Yasir Mehmood General Manager Sales at Ismail Industries -Bisconni to share his vast experience with the Sindh Research Incubation Centre- Batch 2 incubators. He spoke about sales strategies and revenue-impact factors.

Furthermore, he discussed about the importance of team management and empowerment of employees associated with an organization. He also shared his thought on encouraging team members to participate fully by inviting their input and suggestions. He said happy and positive team members are key to success as they are more enthusiastic therefore, it is the responsibility of the Team Leader to keep the team motivated in order to acquire good performance from them.

Mr. Yasir Mehmood concluded that the initial three years are very crucial for any business thus, it is important that as an entrepreneur, one should define goals as it is the key component of accomplishing things. There's no recipe for success without a plan. To know how to reach to the next level, you need to have a strategy.

At the end of the session, Director ICT & CICT Mr. Imran Batada presented Mr. Yasir Mehmood with a Souvenir as a token of appreciation.

Guest Speaker Mr. Yasir Mehmood, General Manager Sales at Ismail Industries-Bisconni

October 2, 2019: Final Project Submission of IT Entrepreneurship Diploma

Final Project Submission of IT Entrepreneurship Diploma

The final project submission of IT ENTREPRENUERSHIP DIPLOMA was held on Wednesday 2nd October 2019. This project submission was unique because IBA-CICT invited several CEO's from different industries to join the JUDGE PANEL in evaluating and providing guidance to future entrepreneurs /CEO. The reason for inviting a PANEL from different Industries is to provide exposure and valuable feedback to the SRIC incubates.

The Panel Includes:

1. Mr. Imran Batada, Director ICT & CICT
2. Mr. Ibrahim Amin, Chairman at Dellsons Associates
3. Mr. Muhammad Ali Qureshi, CEO at IBL-Unisys
4. Mr. Asim Rashid, President & CEO at CreativeSwan
5. Mr. Babur Sultan, Business Management Consultant, Former CEO Engro Foods Ltd.

Over the course of two months the SRIC incubates developed the initial phase of their startup and present it to the panel for further improvement and suggestion. The SRIC incubates executed the knowledge and skills they have learned in the final project submission of IT ENTREPRENUERSHIP DIPLOMA.

The Diploma is designed to help SRIC incubates to become successful entrepreneurs. This course enhances their leadership and management skills with a better understanding of how to identify business opportunities, develop strategies to capitalize on those opportunities, and help them in building and growing their ventures.

The testimonials of the students of Diploma in IT Entrepreneurship (Batch 1) can be accessed through the link: http://cict.iba.edu.pk/testimonials.php | http://cict.iba.edu.pk/videos.php

Click on the link below to apply for our next Batch of IT Entrepreneurship which will commence in November 2019:
https://cict.iba.edu.pk/ict_diploma/home/

For more details on other diplomas being offered visit:
http://cict.iba.edu.pk/diploma

Final Project Submission of IT Entrepreneurship Diploma

September 27, 2019: Guest Speaker Dr. Arsalan Riyaz Partner at Jucy Lucy

Guest Speaker Dr. Arsalan Riyaz Partner at Jucy Lucy

IBA - CICT invited Dr. Arsalan Riyaz, Partner at Jucy Lucy, to deliver his enormous and diversified work experience to the Sindh Research Incubation Centre (SRIC) Startups. He is the person who has diversified experience of various industries

He shared his journey of becoming an entrepreneur with Jucy Lucy. He talked about how network building is important for business growth. According to Dr. Arsalan Riyaz, successful entrepreneurs are those who are concentrated and dedicated to their startup goals. He explained to the incubators that staying motivated and passionate is the key to success because failure is part of life, but we should take it positively and learn from the mistakes.

Moreover, there was a Q/A session which cleared many queries of the Sindh Research Incubators. The agenda behind calling an industry guest speaker is to set an example that an empire cannot be built within a day, one must work day and night to establish an empire. Furthermore, we would like the SRIC incubators to learn and grow from these specialists and become successful entrepreneurs

The Guest Speaking session was concluded by the ICT & CICT Director, Mr. Imran Batada, who presented Dr. Arsalan Riyaz with the token of appreciation.

September 25, 2019: Guest Speaker Mr. Fahad Ahmed, Head of PMO at Avanza and President of PMI Karachi Chapter

Guest Speaker Mr. Fahad Ahmed, Head of PMO at Avanza and President of PMI Karachi Chapter

IBA-CICT invited Mr. Fahad Ahmed, Head of PMO at Avanza and President of PMI Karachi Chapter, to share his experience to the Sindh Research Incubation Centre (SRIC) Startups.

He explained that young entrepreneurs about drive change with innovation, where new and improved products enable new markets to be developed. For any innovation, there will always be constraints. He emphasized on the importance of time management and project planning since the small goals are achieved to reach the bigger objective. Also, how tasks can be divided into smaller units for more efficiency. After the discussion, Mr. Fahad performed group activities on project life cycle planning and time management.

There was also a Q/A session which allowed the SRIC incubates the opportunity to ask all their concerns and ambiguities related to their startups.

Mr. Imran Batada, Director of ICT & CICT, also presented a token of appreciation to Mr. Fahad.

September 18, 2019: Guest Speaker Mr. Mizyal Wahid, Head of Private Traffic at Daraz

Guest Speaker Mr. Mizyal Wahid, Head of Private Traffic at Daraz

IBA - CICT invited Mr. Mizyal Wahid, Head of Private Traffic at Daraz, to deliver his extensive experience to the Sindh Research Incubation Centre (SRIC) Startups. He set an example of a proactive, charismatic, and motivated young professional.

Mr. Mizyal shared his thoughts on the importance of entrepreneurship and which factors are important for the success of any business. As Daraz is one of the giant E-COMMERCE platform in Pakistan, he gave advise to the incubates about which factor they should consider at the very initial stage of their startup. He educated incubates about the foundation of the E-commerce and how Daraz has developed the E-commerce system in Pakistan.

At the end of the session, Mr. Mizyal also directed the aspiring incubators on how to transform their start-up ideas into full-fledged businesses, how a new start-up company builds a sustainable competitive advantage in the competitive market, and what to expect from the consumer mindset in the frequently changing technological progress.

Token of appreciation was also presented to Mr. Mizyal by Director ICT & CICT Mr. Imran Batada.

September 18, 2019: Guest Speaker Mr. Umer Sheikh, Director of Karachi Broast

Guest Speaker Mr. Umer Sheikh, Director of Karachi Broast

IBA - CICT invited Mr. Umer Sheikh, Director of Karachi Broast as a guest speaker for the incubates of Sindh Research Incubation Centre Startups (SRIC).

The agenda behind calling a guest speaker for Sindh Research Incubation Centre (SRIC) incubators is to give them the insight of the businesses and how do they operate it. This session is important because it motivates and gives hope to the incubators that nothing is impossible to achieve if they are focused and determined.

He shared his overall experiences to the incubators besides what was useful and useless throughout his journey. He opened a world of valuable insights, tips, tricks, recommendations, suggestions, and advice to the incubators which is important to take their startup to the next level.

There was also a Q/A session which allows the incubators the opportunity to ask all their inquiries and ambiguities related to their startups from the industry expert.

Token of appreciation was also presented to Mr. Umer Sheikh by Director ICT & CICT Mr. Imran Batada.

September 5, 2019: The Screening Committee Meeting of SRIC (Batch-2) held at IBA City Campus

Screening Committee Meeting of SRIC (Batch-2) held at IBA City Campus

The Screening Committee Meeting of Sindh Research Incubation Center (SRIC) held at IBA City Campus on 05th September 2019. The meeting evidenced a Pitching Competition in which several startups competed with each other to get enrolled into the SRIC project.

Out of various applications received, only the short-listed candidates were given the opportunity to present their ideas in front of the Screening Committee which includes Mr. Imran Batada (Director ICT & CICT), Mr. Hussein Hassanali (GM & Head of IT Audit HBL) and Mr. Farooq Tajik (Deputy Director Finance IST Department, Sindh Government).

SRIC is a project by IBA-CICT in collaboration with Information, Science & Technology Department, Sindh Government. The project aims at encouraging Sindh's young people who want to become entrepreneurs by offering them with mentorship from industry professionals and trainings.

As per the project, IBA-CICT will facilitate the selected startups during the incubation period of 12-month and aims to take these IT startups to the next level by providing them with co-working space, high-speed Internet, seed money, training, mentorship, diplomas, workshop and conferences etc.

Aug 28, 2019: IBA CICT - Pre-Screening Committee Meeting

IBA CICT - Pre-Screening Committee Meeting

The "Pre-Screening Committee Meeting" of the second batch of Sindh Research Incubation Center held at IBA City Campus on Wednesday 28th August, 2019. This session was conducted by Ms. Nancy Bashir (Project Coordinator CICT), she provided the guideline to the shortlisted applicants about the 12 months "Incubation Process" of SRIC.

Furthermore, she explained the rules and regulations of IBA to the shortlisted candidates and clarify their ambiguities regarding the incubation period, seed money etc.

Only the selected startups will get a chance to be part of Sindh Research Incubation Center (Batch-2).

August 7, 2019: Enrollment of SRIC Batch-2 INCUBATES in Diploma of IT Entrepreneurship

Screening Committee Meeting SRIC (Batch-2)

Wednesday 7th August, 2019: IBA - CICT has launched the 2nd Batch of the four-month diploma program of "IT Entrepreneurship". Incubates of Sindh Research Incubation Centre (SRIC) Batch- 2 are also enrolled in this diploma to enhance their knowledge about the impact that IT can create in corporate world.

The diploma program will going to help Incubates of SRIC – Batch 2 by providing them hands-on experience on Entrepreneurship & Information Technology for their startup.

The Diploma Program Includes:
1. IT Innovation - Opportunities & Challenges
2. Brand Management/ Digital Marketing
3. Web & Mobile Application Development
4. Legal Aspects of Business, Privacy, Ethics and Copyright
5. Accounting for Entrepreneurs
6. Final Project

The Diploma is designed to help SRIC Incubates to become successful entrepreneurs. This Course work will also enhance the technology skills of SRIC Incubates to prepare them for leadership and management with a better understanding of how to identify business opportunities, develop strategies to capitalize on those opportunities, and help them in building and growing their ventures.

The testimonials of the students of Diploma in IT Entrepreneurship (Batch 1) can be accessed through the link: http://cict.iba.edu.pk/testimonials.php | http://cict.iba.edu.pk/videos.php

Click on the link below to apply for our next Batch of IT Entrepreneurship which will commence in December 2019:
https://cict.iba.edu.pk/ict_diploma/home/
For more details on other diplomas being offered visit:
http://cict.iba.edu.pk/diploma

July 18, 2019: "Screening Committee Meeting" SRIC (Batch-2)

Screening Committee Meeting SRIC (Batch-2)

The "Pitching Competition" for second batch of Sindh Research Incubation Center, a project by IBA-CICT in collaboration with Information, Science & Technology Department, Sindh Government held at IBA City Campus on 18th July, 2019. Only the short-listed applicants out of various applications only few got a chance to pitch their ideas in front of the Screening Committee including Mr. Imran Batada (Director ICT & CICT), Mr. Hussein Hassanali (GM & Head of IT Audit HBL) and Mr. Farooq Tajik (Deputy Director Finance IST Department, Sindh Government). The objective of this project is to promote youngsters of Sindh who want to become Entrepreneurs by providing them mentorship and trainings from Industry Professionals. This 12-month project aims to establish the IT startups. Selected startups will be facilitated by IBA-CICT, they will be given Co-working space, High-speed Internet, Seed Money, Trainings and a lot more at IBA.

IBA CICT - Pre-Screening Committee Meeting
IBA CICT - Pre-Screening Committee Meeting

July 15, 2019: IBA CICT - Pre-Screening Committee Meeting

The "Pre-Screening Committee Meeting" of the second batch of Sindh Research Incubation Center held at IBA City Campus on Monday 15th July, 2019. This session was conducted by Ms. Shania Siddiqui (Senior Executive/Project Coordinator CICT), she guided the short-listed applicants about the 12 months "Incubation Process" along with policies of IBA & SRIC.

The applicants also got their ambiguities clarified by asking questions and knowing more about the project. Only the selected startups will get a chance to be part of Sindh Research Incubation Center (Batch-2)

IBA CICT - Pre-Screening Committee Meeting

Mar 30, 2019: IBA CICT conducted a day-long workshop titled 'Workshop for Entrepreneurs' for SRIC startups

IBA CICT conducted a day-long workshop titled 'Workshop for Entrepreneurs' for SRIC startups

Centre for Information & Communication Technology IBA conducted a day-long workshop titled 'Workshop for Entrepreneurs' at IBA City Campus on Saturday, 30th March 2019. All the startups of 'Sindh Research Incubation Centre' (SRIC) participated in the workshop.

The workshop was designed by Director ICT & CICT Mr. Imran Batada with the objective of evaluating the progress of the startups of SRIC. Professionals across the industry having extensive amount of experience and expertise were invited to the workshop as judges. The judges participated in the workshop gave their valuable advices to the participants.

The judges included Director IBA ICT & CICT Mr. Imran Batada, CEO Viper Technology Mr. Khushnood Aftab Shaikh, President PMI-KPC Mr. Fahad Ahmed, Head of Technical Training K-Electric Mr. Rashid Hussain, and General Manager I.T. Atlas Battery Mr. Muhammad Qasim Imran.

Mr. Farooq Ahmed Tajik, Deputy Director Finance, Information Science & Technology Department, Government of Sindh, also attended the workshop and addressed to the participants.

The 1st session evidenced all the startups explaining their startup ideas. The judges evaluated the potential that their ideas carried and gave them tips for further enhancement. In the 2nd session, each startup was given with a real-life challenging situation. The purpose of this exercise was to enhance participants' ability to generate swift response and minimize the potential threat as much as possible. The 3rd session was Final Pitching Session in which each startup not only explained their progress but also portrayed their future expansion plans. The judges gave valuable suggestions on their business models and feasibility reports.

At the end, 'Company Formulation Legal Aspect Session' of the workshop was conducted by Mr. Sarmad Aziz who is currently an Advocate of High Court. The session explored different dimensions of legal nature such as ownership structure, funding the venture, contracts, product liability, hiring and retaining the best staff, and protection of intellectual property.

Applications for admission in the next batch can be submitted through the following link before mid of April: https://cict.iba.edu.pk/sric/

IBA CICT conducted a day-long workshop titled 'Workshop for Entrepreneurs' for SRIC startups
IBA CICT conducted a day-long workshop titled 'Workshop for Entrepreneurs' for SRIC startups

Apr 30, 2018: 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 & 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 & 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: Click here to view

Daily Ummat: Click here to view

2nd Installment of Seed Money Gets Finalized at Progress Report Submission Ceremony

2nd Installment of Seed Money Gets Finalized at Progress Report Submission Ceremony

The Progress Report Submission Ceremony was held at IBA City Campus on November 8, 2018 to finalize the 2nd installment of seed money. During the ceremony, the incubates of SRIC presented in front of SRIC Officials. The presentation portrayed progress of the start-ups as done under the project SRIC.

Representing IS&T Department of Sindh Government Mr. Farooq Ahmed Tajik Deputy Director Finance IS&T, and Mr. Fahad Saeed Warsi VC Engineer / Project Focal Person attended the ceremony. While Mr. Mr. Hussein Hassan Ali, CISO, Bank Al Habib Ltd represented the Screening Committee of SRIC. Director IBA - ICT & CICT Mr. Imran Batada was also present at the ceremony

Each start-up during the ceremony explained their progress and proposed the roadmap to further achieve their desired goals. The incubates shared in great length the activities that they have carried out up till now. The presentations of the incubates answered the following questions:

  • How much of the work is complete?
  • What part of the work is currently in progress?
  • What work remains to be done?
  • What problems or unexpected things, if any, have arisen?
  • How the project is going in general?

After each presentation, the committee members carried out cross questioning to further clarify the progress. The primary aim of presenting the progress of project SRIC was to gauge the amount of financial assistance to the incubates. Finalization of 2nd installment of seed money was carried out after the due course.

2nd Installment of Seed Money Gets Finalized at Progress Report Submission Ceremony

SRIC Incubates attend diploma program of "IT Entrepreneurship"

SRIC Incubates attend diploma program of IT Entrepreneurship

To enhance their learning experience, SRIC incubates are given the opportunity to attend the diploma program of "IT Entrepreneurship". Currently, total number of 9 SRIC students are learning about different aspects of Entrepreneurship in context of information technology though this diploma.

IBA – CICT has launched this 4-month diploma program of "IT Entrepreneurship" in October 2018 at IBA City Campus. Students from diversified backgrounds (entrepreneurs, job professionals etc.) have enrolled in the course to enhance their knowledge about the impact that IT can create in business world.

As per the SRIC program, IBA offers the incubates a co-working space, utilities, seed capital and access to investors. The objective is to facilitate commercially viable technology start-ups from Sindh by providing domain specific mentorship and investment opportunities. However, need of such program was felt which could provide training for understanding Entrepreneurship & Information Technology at professional level.

The Diploma Program Includes:

  • IT Innovation – Opportunities & Challenges
  • Brand Management
  • Web & Mobile Application Development
  • Legal Aspects of Business, Privacy, Ethics and Copyright
  • Digital Marketing
  • Accounting for Entrepreneurs

The course work will be proved helpful for SRIC incubates to become better entrepreneurs, innovators, managers and leaders. Coursework will enhance technology skills in students, prepare them for leadership and management with a better understanding of how to identify business opportunities, develop strategies to capitalize on those opportunities, and help them in building and growing new ventures.

Due to the technological influx that seems to affect almost every aspect of our lives, choosing the right technology has become critical for growth and sustainability of businesses more than ever. Research has shown that technology and innovation play vital role in increasing market share, financial figures and overall competitiveness. The diploma program of IT Entrepreneurship will help SRIC incubates along with the other students develop in-depth insight into the usage of technology tools to facilitate their businesses.

IBA-CICT hosted Two Days workshop entitled 'Digital Marketing' for Startups of Sindh Reaserch Incubation Center

IBA-CICT hosted Two Days workshop entitled 'Digital Marketing' for Startups of Sindh Reaserch Incubation Center

Karachi, August 1st & 2nd, 2018: Nowadays "Digital Marketing" is becoming an integral and essential part of every business. In order to know various aspects of these new-age marketing techniques, special Two-Day Workshop has been organized by Sindh Research Incubation Centre (a project by Information Science & Technology Department, Government of Sindh and Centre for Information & Communication Technology, IBA-Karachi ), to introduce incubates of SRIC to the basics of digital marketing, so that they can get their startup off the ground and in front of their clients and customers. The workshop was attended by nearly 15 participants from the startups of Sindh Research Incubation Center.

Sumayyah Khurshid Khan, Lecturer at Institute of Business Administration, Karachi, holds MS degree in Marketing from the University of Texas in Dallas and a Graduate from Institute of Business Administration conducted the workshop. She is also working with Canadian Startup DOT - Mind Unlocked as a Digital Marketing Manager. With all her experience she taught startup a comprehensive strategy and system designed to increase startups profits through digital marketing.

IBA-CICT hosted Two Days workshop entitled 'Digital Marketing' for Startups of Sindh Reaserch Incubation Center

The workshop concluded with the question and answer session of participants followed by the certificate distribution ceremony among participants of the workshop by Mr. Imran Batada, Director ICT & CICT, IBA.

Mr. Imran Batada congratulates all teams for their successful workshop and said that he hope this workshop will be helpful for startups to market their ideas in an efficient way and additionally he informed about planning more educative workshop in the near future.

IBA-CICT hosted Two Days workshop entitled 'Digital Marketing' for Startups of Sindh Reaserch Incubation Center

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