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Welcome to the INTRODUCTORY SESSION !

Welcome to the INTRODUCTORY SESSION !. Agenda. Tilawat Welcome Address – Dr. Shahid Qureshi Introduction to Invent – Dr. Zahir & Mr. Azhar Q & A Vote of Thanks – Dr. Shahid Qureshi. Introduction Outline. Entrepreneurship and Innovation Objectives & Myths

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Welcome to the INTRODUCTORY SESSION !

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  1. Welcome to the INTRODUCTORY SESSION!

  2. Agenda • Tilawat • Welcome Address – Dr. ShahidQureshi • Introduction to Invent – Dr. Zahir & Mr. Azhar • Q & A • Vote of Thanks – Dr. ShahidQureshi

  3. Introduction Outline • Entrepreneurship and Innovation • Objectives & Myths • Eligibility & Registration • Process • Ideas & Grading • Awards • Summary • Q & A

  4. Entrepreneurship & Innovation • Entrepreneurship: • “Pursuit of Opportunity beyond the resources that you currently control” (Stevenson) • Stimulates Economic Growth and Employment • Traits: Creativity, dedication, determination, flexibility, leadership, passion, self-confidence, and “smarts” • Process: Problem/Need, Opportunity, Team, Funding, Solution, Go to market, Ramp up, Exit

  5. Entrepreneurship & Innovation • Innovation: • Coming up with Something New & Applying it • Improves the Quality of Life • Only way of Sustaining Competitive Advantage • Types • Adoption • Adaptation • Creation

  6. Objectives • Develop the next generation of Entrepreneurs • Hands on Training: Business Plan (BP), Executive Summary (ES), Elevator Pitch (EP) and Presentation (P) • Enhance Academia - Industry Collaboration • Enhance Collaboration between Universities • Establishing BPC projects can be viable businesses.

  7. Myths • Entrepreneurship is only for Business Majors • Business Majors only participate in Business Plans Competitions • CEO’s, CFOs and CMOs are Business Majors • Engineers ---- All other majors are low form of life • Business, Arts ---- Engineers/Sc Majors are nerds

  8. Eligibility & Team • Bachelors /Masters/PhDs • CEO, CFO, CMO, CTO & Dir Operations • At least 1-2 Business Majors, 1-2 technical, other disciplines’ majors. • Domain expert. Registrations • Individuals • Idea • Registration of complete five member team using the SRN.

  9. Process

  10. Process (Contd.)

  11. Ideas (Preference & Sources) • Addresses Pakistani Problems • Is for the masses • Preferably from the Industry • From Domain Experts • From the Faculty. • From the Internet.

  12. Idea Grading

  13. Category Awards

  14. Summary • Hands on training for next generation of Entrepreneurs • Enhance Collaboration among Universities • Enhance Collaboration with Industry • Work towards arranging seed funding for top teams

  15. Thank you Q & A

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