IBA Aman CED announces the graduation of its technology incubatee TechnoSync Solutions Pvt. Ltd. in a celebration marked through the signing of an MoU between the incubatee and IBL Operations Pvt. Ltd. TechnoSync Solutions Pvt Ltd. is a startup established by IBA’s graduate Mr. Fawwad M. Haider that wants to bring innovative technology and solutions to make business processes less time consuming through automation. TechnoSync Solutions Pvt. Ltd. will help IBL Operations Pvt. Ltd. introduce a new retail model through employing the use of the latest vending machines across the market.
The MoU ceremony was marked by the presence of the Acting Dean & Director of IBA, Dr. Sayeed Ghani, the Registrar, Capt. Retd. Ahmed Zaheer, the Manager CED Mr. Fawad Mahdi and his team. IBL Operations Pvt. Ltd. was represented by Mr. Asad Abudulla (Director and General Manager), Mr. Arshad Anis (MD), Mr. Khalid Dar, Mr. Syed Atik Ali, Mr. Qasim Qayyum, Mr. Asif Ahmed Khan, Mr. Rao Salman, Mr. Rizwan Ahmed, Mr. Arifullah Qureshi, Mr. Arif Nadeem Zaidi and Mr. Syed Safdar Ali.
The IBA Aman-CED, initially a project proposed by the US Government, was launched officially 5 years ago thanks to the contribution from the Aman Foundation to groom and train the next generation of entrepreneurs. Mr. Fawad Mahdi shared the changing dynamics of Entrepreneurship with the guests stating that the Effectual Style of Entrepreneurship requires keen eyed individuals to identify opportunities in the market, gather a team and after starting small, develop the resources to build themselves, which is antithesis to the concept that resources are required to launch a business. The event then proceeded to the signing ceremony. Mr. Fawwad Haider and Mr. Asad Abdulla (Director and General Manager IBL Operations Pvt. Ltd.) signed the MoU recognizing the new relationship between the companies. Following the signing ceremony, guests were given a tour of the IBA Aman-CED where approximately 40 new startups are currently operating.