Karachi, November 2009: The Conference on Corporate Innovation and
Entrepreneurship (CCIE) 2009 was held in Karachi. National ICT
R&D Fund was a gold sponsor for this event held by MIT
Enterprise Forum of Pakistan. MITEFP has been working for three
years towards developing entrepreneurial eco-system in Pakistan
by undertaking Business Acceleration Plan (BAP) competition.
MITEFP is working with Organization of Pakistani Entrepreneurs
of North America (OPEN) with the objective to mentor IT
companies operating in Pakistan to accelerate their business to
the next level.
This is a remarkable initiative which has the potential of having
significant impact on the economic growth of Pakistan. BAP aims
to help accelerate some of the participating IT/ITeS companies
by placing these companies through a mentoring/coaching program.
The participants of BAP worked towards preparing a Business
Acceleration Plan which was later ranked and then selected as
winner and runner up teams.
Ten R&D projects funded by National ICT R&D Fund also
participated in the “Road to Commercialization” program of the
event. Five projects were short-listed through a selection
procedure managed by the MITEF-OPEN BAP organizers for
presentation on this platform. These funded projects of National
ICT R&D Fund were presented before an international audience and
entrepreneurs and were highly appreciated for their thorough and
concrete work by the panelist. The audience and presenters had a
very energetic interactive exchange of ideas during the Q&A
BAP 2009 was conducted under the guidance and
leadership of Mr. Ken Morse Founding MD, MIT Entrepreneurship
Center with other highly respected entrepreneurs as mentors and
judges to the participating IT/ITeS companies.
The Conference was attended by board members, senior and
mid-level management across all aspects of organization - from
strategy development to business models and channels, finance,
marketing and business development, HRD, operations, web
presence, and other areas of information systems.
The conference focused on inculcating innovation and
entrepreneurial culture and importance of acceptance of change
in the corporate sector. The
organizers plan to hold this conference as an annual affair
owing to its tremendous success.
National ICT R&D Fund was recognized and well appreciated on
this platform for its commitment to high-quality R&D work in the
field of ICT and its enormous potential to introduce skilled ICT
human resource of academia and industry for commercialization
pursuits and thus economic growth in Pakistan.