KIU has also joined hands with other national and international partners for promoting entrepreneurship in the region. So far, KIU-BIC has incubated more than 70 business ideas. Some of our graduated incubates are running their business successfully in the fields of tourism and hospitality, handicrafts, gemstone cutting and polishing, and agriculture and fruit presentation. Currently, in collaboration with other partners, we have incubated 20 companies for six months. Soon we will onboard 20 more incubate, thereby assisting 40 startups in one year alone. This initiative has not only generated handsome economic activity but it has generated over 400 job opportunities for the youth of GB. At the same time, we are also offering training programs on freelance skills to empower youth to earn from the Gig economy by working on various online platforms. We are on target to train 1500 in this project over the next three years.
At the end, we appreciate the endeavors of Sir Syed University for initiating the National Idea Bank to harness some innovative ideas which can be then converted to some businesses. KIU Business Incubation Center actively supports this project and graduates of GB will actively participate in the same.