A competition on business idea was organized by Institute of Business and Management, University of Engineering and Technology, Lahore. Rab Nawaz Khan Lodhi was organized the event. The seven groups of students presented their ideas about fresh business.
At the event Vice-Chancellor UET Lahore Prof. Dr. Fazal Ahmad Khalid said that applied research is essential to establish any business as per the requirement of market. This approach always helpful to design comprehensive and applicable business plan. He also said that modern trends and technologies must be learnt to meet the challenges of upcoming market placement. He emphasized the students to participate in the events about establishing events and try to follow the success stories.
Government has limited resources that’s why focus should be on entrepreneurship. He appreciated the efforts of students and expressed hope that they will contribute in changing the future of country. In the competition, Director Quality Enhancement and ORIC Punjab University Aamir Riaz said that grabbing market is tough task but only innovative and practical solutions enable to sustain in the market. So, in this regards, the linkage between academia and industry is core part of the induction in market to run profitable business. Rab Nawaz Khan Lodhi briefed the audience about the projects. After the presentations by students shields were distributed among guests and winners of competition at end of event.