IBA AMAN Center for Entrepreneurial Development

15 Pages·2017·2.38 MB·English

by  Azad Ahmed

Monthly Activity
Report, October, 2017

2017
IBA AMAN Center for
Entrepreneurial Development
(CED)
Azad Ahmed
IBA AMAN CED
10/31/2017
October 5, 2017: IBA Aman-CED arranged a session talk on “Entrepreneurial
Curriculum Development” in collaboration with US Consulate Karachi

A session talk titled “Entrepreneurial Curriculum Development” was held on 5th October, 2017 at
IBA Aman Centre for Entrepreneurial Development (CED) in Collaboration with US Consulate
Karachi. Ms. Sydney Gray was welcomed by IBA Aman CED team and IBA External Linkage
department. The Dean & Director IBA Karachi, Dr. Farrukh Iqbal graced the session with his
presence. The session was attended by IBA Faculty members, IBA Aman-CED incubatees, IBA
CED team and external linkages department. The speaker talked about developing an
Entrepreneurship Curriculum which provides support system that nurtures entrepreneurs during
the idea phase, provides the resources and tools needed to create new enterprises, and guides the
entrepreneur through the process of growing a business. Hence they contribute to the creation of
entrepreneurial environments where entrepreneurship is supported in both the public and private
sectors.
Sydney Gray is the Director of Impact and Development at Propeller, an entrepreneurship
incubator and accelerator dedicated to driving social, environmental, and economic impact in New
Orleans. She is also the founding director of Mama Maji, an organization that supports women
innovating in water around the world. Since it was founded in 2012, Mama Maji has trained women
in Kenya, Tanzania, Uganda, Sudan and Zimbabwe in building their businesses and leading in their
communities. She holds a master's degree in Global Development from Tulane University, and
Bachelor's degrees from University of California, Berkeley in Molecular and Environmental
Biology - Animal Science and Molecular and Cell Biology - Infectious Diseases.
October 5, 2017: Business Studies Students from The City School PAF Chapter visited
IBA AMAN

On Thursday, 5th October 2017, about 65 business studies students from The City School PAF
Chapter visited IBA AMAN CED. The visit was facilitated by the AMAN CED team at IBA main
campus. Soha Zulfiqar, Manager Women Entrepreneurship Program welcomed the enthusiastic
students on behalf of Dr. Shahid and the CED team. She then briefed them about various activities
of IBA AMAN CED and motivated them to think about starting their entrepreneurial careers in the
future. Mr. Huzaifa and Mr. Wahaj, IBA students of BBA Entrepreneurship also interacted with
the students and shared their successful venture stories. Students were highly motivated by the end
of the session to take up entrepreneurship as their possible career path.

After the session, students were taken for a campus tour by Azad Ahmed, Manager Incubation and
Outreach Activities. The tour included CED building, Library, Student Centre, Sport Facilities etc.
The students and their teachers praised the world class infrastructure of IBA. Overall, the visit was
extremely successful in creating the linkage between prospective students and IBA AMAN CED.
October 7, 2017: IBA AMAN CED organized the graduation ceremony of different
programs of CED at G & T Auditorium, IBA Main Campus, Karachi

Octob er 7, 2017: IBA AMAN CED organized the
gradu ation ceremony of different programs of
CED at G & T Auditorium, IBA Main Campus,

Karachi. The ceremony was chaired by Dr.

Farrukh Iqbal, (Dean & Director IBA) along with

guests belonging to different walks of life,

including: Mr. Aftab Butt (CEO KAPCO), Mr.
Farha n Hanif (CEO, Crown Group of
Comp anies), Dr. Rashida Rehmat (Jinnah
Women University), Mr. Fayyaz-ur-Rehman (VP

Meezan Bank), and Mr. Ahmed Kazi (Manager

HR, KAPCO).

The ceremony started at 10.30 a.m. with the

r ecitation of verses from the Holy Quran,
f ollowed by the National Anthem. Ms. Soha
Zulfiqar (Manager - Women Entrepreneurship)

formally opened the session by welcoming the
honorable guests and graduating students. She
then invited Dr. Shahid Qureshi, (Program

Director, IBA AMAN CED) for a welcome
address. Dr. Shahid Qureshi gave an introductory
speech highlighting the importance of
Entrepreneurship and the various programs held
at AMAN CED in order to promote
entrepreneurship across Pakistan.
Dr. Farrukh Iqbal, and other guests were invited on the stage to distribute the certificates to the
graduating students. Following are the details of the graduating cohorts for year 2016-2017:

1) Certificate in Entrepreneurship (CIE) 114 Students
2) Entrepreneurship for Engineers (E4E) 108
3) Women Tech Entrepreneurship program WTEP) 39
4) IBA Tech Ventures Program (ITVP) 07
Total 268 Students

The ceremony concluded with an ending speech by Dr. Farrukh Iqbal. He stated, “For decades,
IBA had been known for producing good managers, but now we are working upon to shape its
image in producing good entrepreneurs as well.” Furthermore, he thanked all the guests and
wished all the best to the graduating students.
October 8, 2017: Queno (incubatee of AMAN CED) wins the 1st position in the
GSMA-Mobile Money Hackathon

One of CED’s incubatees “Queno”

has won 1st position in the GSMA-

Mobile Money Hackathon which

was held at dotZero on 7th &

8th October, 2017. The Queno’s

product was loved and appreciated

by several companies which were

present there. The Queno team will

be flying to Barcelona, Spain in Feb,

2018 to showcase its product at
Mobile World Congress.
Total 150 startups applied for the
competition and only 35 were
shortlisted to take part in the final
Hackathon. Queno stood first

among all of them.
On 23rd October 2017, the IBA Entrepreneurship Society organized a talk on
“Leadership and Effective Communication” by Mr Bob Ferguson at Ghani & Tayub
Audito rium.

On 23rd October 2017, the IBA Entrepreneurship Society organized a talk on “Leadership and
Effective Communication” by Mr Bob Ferguson at Ghani & Tayub Auditorium.

Mr. Bob Ferguson is an expert trainer and leadership mentor from Xecofy and is also one of the
top 50 orators in English. While speaking on leadership, he made use of anecdotes from his own
career to explain the three phases of effective leadership: setting clear goals, challenging
teammates and acquiring instant feedback. Mr. Bob told the students that a leader must have a
clear idea of what he/she wants to achieve, and should help his team attain the same clarity. He
shared his own example when as an aerospace engineer, he and his team achieved a task of 18
months in just 6 months at a Herculean pace. This was only possible because his team was crystal
clear about the goal and its significance.
Next, Mr. Bob talked about how team productivity is maximized when a leader challenges his
teammates. He proposed and proved by example that when a leader gives tough deadlines to the
team, the team members are spurred on to beat those deadlines. According to Mr. Bob this is the
most important trait of a good leader.

Finally, he elaborated on why instant feedback is necessary to help the team improve or at least
maintain its performance. He exemplified a number of incidents from his career to prove that small
tokens of respect and appreciation keep the bar high and ensure best results.

While speaking on effective communication, he quipped that while smart phones have taken over
the world, face-to-face interaction is still the deal-breaker. Mr. Bob stressed on the fact that good
communication makes a good leader.
Towards the end, he also discussed various types of teammates and how a good leader must adapt
while dealing with each of them.

The event ended with a thank you note delivered by Dr. Shahid Qureshi and a presentation of
souvenir to Mr. Bob Ferguson in the presence of Mr. Azmat Yaseen, Manager IBA
Entrepreneurship Society.
October 18, 19, 20, 2017: CED Team visited Faisalabad and Gujranwala for the
marketing of IBA National Entrepreneurship Program (NEP)

Dr. Shahid Qureshi visited Faisalabad and Gujranwala on 18, 19, 20 October, 2017. He met with
local business community, chamber of commerce, students and alumni of NTU and GIFT for the
promotion of IBA National Entrepreneurship Program.

October 14, 2017: CED Team visited Hyd erabad for the marketing of IBA National
Entrepreneurship Program (NEP)

The IBA AMAN CED team visited Hyderabad on Saturday 14th October, 2017 to meet the
members from the industry and academia for the promotion of National Entrepreneurship
Program (NEP). The CED team included: Dr. Shahid Qureshi (Program Director- IBA AMAN
CED), Azad Ahmed, Imran Muhammad Khan and Abdul Rauf.
Raazi Motors

The 1st meeting took place with Muhammad Zahid (MD Raazi Motors Industry) in his office at
11:00 AM. Mr. Zahid narrated the entrepreneurial journey of Raazi Motors which started from a
small-scale in year 2004. It was due to the persistent passion, hard work, and perseverance of the
founder that in over a period of 13 years it became the sixth largest bike manufacturing and
assembling company of Pakistan.