CENTER FOR INNOVATION AND ENTREPRENEURSHIP

A Startup Incubation, Acceleration and Entrepreneurial Growth
project by Information Technology University (ITU).

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WHAT IS CIE?

Information Technology University seeks to support the economic and technical landscape of Pakistan. For this very purpose, it has established the Center for Innovation and Entrepreneurship, an in-house business incubator that would solve real world problems with innovative and technologically advanced solutions. The Center for Innovation and Entrepreneurship would not only facilitate young engineers and budding entrepreneurs but would also expand the frontiers of knowledge through research-based approach to learning.

ITU Mission

WHAT MAKES "CIE" DIFFERENT?

Ever since its inception in 2012, ITU has promoted innovation in the areas of science, technology and engineering through its state of the art labs and research centers. These labs and research centers have been designed to facilitate current students in their studies. The Center for Innovation and Entrepreneurship is one such center that would not only facilitate young engineers and budding entrepreneurs but would also inculcate a culture of research and entrepreneurship inside them.

ITU is modelled across the top research and tech universities of the world therefore graduates and final year students get the opportunity to polish and reshape their final year projects (FYP) into proper working products and companies. This approach towards entrepreneurship gives students a way to lower their cost of production and overall running expenses.

Moreover, the in house startups would get access to mentorship sessions and opportunities to attend business competitions, exchange programs all over the globe financially and administratively backed by ITU.

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STRATEGIC GOALS OF CIE

Identify Issues

Enable entrepreneurs to understand the issues in a less-developed ecosystem.

Virtual Incubation

Providing remote resources to facilitate entrepreneurs.

Research & Development

Extensive focus on Research, Development and Analysis.

Strategic Partnerships

Developing industrial linkages for strategic partnerships

Entrepreneurial Growth

Enable entrepreneurs to identify, and solve their problems.

Startup Sustainability

Devise solutions that can help in sustainability of startups.

Do you have any questions regarding our Strategic Goals? Let's Talk

ADVISORY BOARD

DR.UMAR SAIF

VICE-CHANCELLOR
Information Technology University

ZAHEER SARWAR

REGISTRAR
Information Technology University

PARTNERS

CIE believes that in a developing economy like Pakistan, there is need to take concrete steps that can help overcome wider problems like uneployement, labour force participation, poverty etc, therefore CIE has partnered with other entrepreneurial projects.

MITEFP

Chapter of MIT Enterprise Forum Global.
PLANX

PITB's Techonology Accelerator.

MIT Enterprise Forum Pakistan is one of 28 worldwide chapters of MIT Enterprise Forum, looking to engage stakeholders of the entrepreneurial ecosystem and making a difference through innovation and technology.

Since its inception MITEF Pakistan is heavily invloved in capacity building of youth: It has conducted trainings of more than 100 students as part of Summer Entrepreneurship Bootcamp and Startup School, generated entrepreneurial activity through Startup Lahore, a two-day international conference for startups, and is currently in the process of developing an Angel Network.

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PlanX is the largest technology accelerator in Pakistan. Founded in September 2014, PlanX aims to empower commercially viable mid-stage startups by providing access to multiple funding channels, specialized network of mentors and global exposure to establish high impact businesses. The goal is to bridge the gap between technology and businesses by providing facilitation in the shape of access to mentors, connection with angel investors and venture capitalists and support in gaining exposure to global markets

Since 2014, $3.7 million has been raised in funding by PlanX startups. It has generated employment for 300 people. Total startup valuation at $60 million.

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