We believe that training students only for the job market not only restricts their career choices, but also leads to more unemployment when the economy demands fewer jobs than the available supply. The solution for this two-fold problem lies in entrepreneurship. When students learn how to develop and run their own businesses, they not only open a range of new opportunities for their success but also expand the economic activity by bringing innovation and job creation.
We are committed to investing resources to promote entrepreneurship in the region through various means, including coursework, final-year projects, business incubation programs, and joint-ventures with the industry.
GIFT Business School regularly offers a course on Entrepreneurship (MGT421/MGT717) that is taken by final-year students from various undergraduate and graduate programs, including business administration, electrical engineering, software engineering, and textile and fashion design. As a result of this humble beginning, our graduates’ business ideas are now being selected for incubation at Plan9 and NIC-LUMS.
Our business students complete a business plan as their final-year project of 6 credit hours. A group of 3-5 students works together on an innovative business idea that is viable and scalable.
An exclusive business incubator, at GIFT University, is under development, in the name of GROW®, which will provide office space, free internet, training, and mentoring to facilitate the selected business ideas in becoming successful start-ups.
The final-year entrepreneurial projects that have the potential to become viable businesses are hosted by our industry partners, who provide resources and real-time opportunities to our graduates, to experiment with their product designs and testing at their plants. The start-up teams can have the opportunity to sign joint-ventures with these host firms.