Faisalabad Business School, NTU Organized NTU-Interloop All Pakistan Business Plan Competition

Faisalabad Business School, NTU Organized NTU-Interloop All Pakistan Business Plan Competition

NTU Entrepreneurship Society of Faisalabad Business School, in collaboration with Interloop ltd. arranged NTU-Interloop all Pakistan Business Plan Competition at National Textile University Faisalabad on March 21-22, 2022.   

The event was organized to encourage students of the universities to present their innovative entrepreneurial ideas and initiate their own startups. The objective was not only to help them provide meaningful learning experience, but also strengthen Pakistan’s economy.   

More than forty universities across Pakistan including IBA Karachi, IBA Sakhur, NUML Mianwali, Kohat University of Science and Technology, IIU Islamabad, Quaid a Azam University Islamabad, GUCW Lahore, UMT Lahore, and UCP Lahore participated in this two-days event and presented their business ideas in front of jury. Five panels of jury comprising members from academia and industry were formed to objectively evaluate the business ideas. Jury members were Wasim Riaz          (CEO Right way Systems), Azhar Iqbal(CEO  Rank Sol), Dr Muhammad Zia-ur-Rehman (NTU Faisalabad Business School), Aftab Ur Rehman (CEO Cybex, IT Group), Farhan Tufail (CEO Invictus Solutions), Dr. Shahzad Iqbal (NTU Faisalabad Business School), Nouman Sarwar (CEO H3Solutions), Awais Zia (  Fast National University, Chinot Campus),  Liaqat Ali (NTU Faisalabad Business School), Sohail Safdar (CEO Nimble Web Solutions), Rana Abid (CEO Soft-Bridge), Mis. Nazish Imtiaz (NTU Faisalabad Business School), Adeel Javed (Chairman,  Career Institute), M. Awais Aslam (Manager Incubation, PITB Faisalabad), and Dr Muhammad Ahmad ur Rehman (NTU Faisalabad Business School) as convener of jury committee. Based on their findings, teams were awarded 1st, 2nd and 3rd prizes. Faculty members of FBS enthusiastically participated in the event to make it a success. Vice-Chancellors of the universities along with their teams, CEOs of top industries, government personals, members of the chambers of commerce and industries and general public visited the two days event.    

Mr Atif Munir, President Faisalabad Chamber of Commerce. Mr. Mia Kashif Zia, Chairman Pakistan Hosiery Association, Mr Humayoun Zia, General Manager Corporate Communication Interloop ltd, and Prof. Dr. Tanveer Hussain, Rector NTU addressed the inaugural session of the gala. The university awarded souvenirs and cash prizes of Rs. 2.5 lac, Rs. 1 lac, and Rs. 50 thousand to 1st, 2nd, and 3rd positions, respectively.   

As this was a national event with thousands of attendees, FBS NTU endeavored to foster a competitive environment in entrepreneurship.