A Memorandum of Understanding (MoU) was signed between the University of Management and Technology (UMT) and the National Incubation Center on September 07, 2022, through Futurizm of Office of Research, Innovation & Commercialization (ORIC) at UMT.
Progressing forward with its vision to pave new paths and possibilities for student entrepreneurs, Futurizm-UMT has now concurred its efforts with National Incubation Center (NIC), Pakistan.
The objective behind signing this MoU is to establish the provision of technical, commercial, and incubation support to student entrepreneurs as well as faculty members and arrangement of entrepreneurial events, webinars, innovation challenges, competitions, and Hackathons, as joint initiatives to help aspiring entrepreneurs improve their potential. Under this Collaboration, NIC Pakistan provides facilitation in the incubation roadmap, curriculum, mentors, and speakers and assistance for incubated startups in solving challenges and commercialization of innovative technology. Further, the linkages for arranging programs and services will be established.
