HEC, Hult Prize agree to promote entrepreneurship

Both sides held a virtual meeting to discuss the potential for bilateral collaboration to strengthen startup culture

ISLAMABAD:

The Higher Education Commission (HEC) and Hult Prize Foundation - an international entity empowering youth to solve the world’s most pressing issues through social entrepreneurship - have expressed a desire to jointly work for the promotion of entrepreneurship in Pakistan.

According to a statement, the two sides held a virtual meeting to discuss the potential for bilateral collaboration to strengthen the startup culture in the country.

They agreed to formally sign a letter of intent and extend support to the Pakistani youth and entrepreneurs.

HEC Chairman Dr Mukhtar Ahmed addressed the participants and shed light on the HEC’s efforts to support academia-industry linkages and finance the Pakistani youth in their entrepreneurial endeavours.

He assured that HEC will extend all-out support to Hult Prize Foundation in its intent to exploit the potential of Pakistani youth. HEC Director for Research and Innovation Division Noshaba Awais said that Pakistan’s population comprises over 60% of youth and HEC is committed to utilising the youth bulge in supporting the country’s economy.

Published in The Express Tribune, February 2^nd, 2023.