The University of Karachi and Women University Swabi Khyber Pakhtunkhwa signed the memorandum of understanding for educational, scientific, research cooperation, start-up, student entrepreneurship, and incubation support.
The in-charge KU Office of Research, Innovation and Commercialization Dr Asma Tabbasum, and the in-charge ORIC WUS KP Dr Mehreen Riaz inked the MoU documents at the Women University Swabi.
As per the MoU, both universities have agreed for assistance for startups at the idea/prototype basis, assistance for startups at the pilot stage, tie-up for other assistance for startups at the pilot stage, student entrepreneurship support, knowledge exchange: learning and sharing best practices on innovation and startup ecosystem development at micro and macro level.
According to the MoU, both universities have also agreed for exchange of mentors and innovation and startup exchange: state/national level business linkages for startups through co-incubation and short acceleration programs and access to innovation labs for selected startups and identification of further collaboration.
The KU and the Women University Swabi would also initiate projects of mutual interests in the fields of research, development, education, training, and dissemination of knowledge on a long-term non – commercial basis and broaden their resources for faculties and students of both universities for mutual benefits.
The ORIC offices of both universities have also agreed to collaborate in joint research projects, product development activities, industry visits, joint seminars and conferences, special lectures, and training sessions by the ORIC offices of the KU and WUS and student and faculty exchange programs.