National ICT R&D Fund sponsored the event titled "DISCOVER –
Prosperity through Entrepreneurship” with a view to promote
entrepreneurship through research and development activities.
NUST Centre for Innovation & Entrepreneurship (CIE) in its
ongoing quest to promote innovation and entrepreneurship has
launched the event with a mission “to define a path towards
creating a self-sustaining eco-system for higher education and
wealth generation”. CEO, Dr. Syed Aun Abbas, GM S&E, Mr. Ahmed
Afzal and GM Coordination, Mr. Muhemmed Ahmed from National ICT
R&D Fund attended the event and interacted with a wide variety
of stakeholders across academia and industry.
This engaging competition was designed to encourage students to
develop practical business plans with a strong focus on
translating these into products/services for actual businesses.
Out of the 250 registered teams, the top 10 competed at the
Final Round on September 20, 2011, out of which top 5 winning
teams were announced.
Final Prize distribution ceremony was again sponsored by
National ICT R&D Fund that was held on October 17, 2011. H.E.
Syed Yousaf Raza Gillani, Prime Minister of Pakistan graced the
ceremony. Prime Minister’s presence was a source of great
encouragement for the competitors and other participants. The
Prime Minister in his address appreciated all participants and
reiterated the government’s resolve to promote entrepreneurial
activities of the youth and provide them all the opportunities
to channel their energies. He further instructed the Higher
Education Commission, Ministry of Science & Technology and the
Ministry of Information Technology to devise a sustainable
mechanism through which such endeavours are promoted in the
future.
The event concluded with the distribution of souvenirs to
sponsors and also to the winning teams. Prime Minister, Syed
Yousaf Raza Gillani presented the Souvenir to CEO, National ICT
R&D Fund, Dr. Syed Aun Abbas.

Prime Minister, Syed Yousaf Raza Gillani Presenting the Souvenir
to CEO, National ICT R&D Fund, Dr. Syed Aun Abbas