A five-week Startup School organised by MIT Enterprise Forum (MITEF) Pakistan and Information Technology University (ITU) concluded on Monday.
The school provided a platform to entrepreneurs to refine their skills and build their business ideas through classes and one-on-one mentorship sessions with industry experts. Trainers from Shell, Careem, Telenor and Finja supported the students through their industry experience and feedback.
Read more: A Startup School for Entrepreneurs
Startup School Fall 2017 comprised of an engaging training program that allowed the participants to pitch their ideas on the final day after being trained in areas such as product development, startup financials, design thinking and market research. The presentations were judged by PlanX programme manager Mughees Tahir; AClan CEO Usama Tauqeer and Assistant Professor Dr Izza Aftab from ITU.
Team Alpha Steamers were awarded the first position and Rang Ralli stood second. The winning team members have the opportunity for virtual incubation at MIT Enterprise Forum Pakistan for a duration of six months.
Over 125 applications were received for the program, of which 50 were shortlisted on the basis of the potential of their business idea. As many as 18 participants attended the program. The final 18 participants were divided in six groups comprising of three members each.
The MIT Enterprise Forum Pakistan is an international chapter of the MIT Enterprise Forum, a global organization affiliated with MIT through MIT Technology Review. By organizing activities that will stimulate entrepreneurship in youth, startups and corporations at the same time, MITEF Pakistan aims to reshape the entrepreneurial landscape of Pakistan.