UNIVERSITY OF MANAGEMENT AND TECHNOLOGY

News and Announcement

CENTIN Team Ruuners-up at Grand Entrepreneurial DICE-INVENT Event at NUST

Friday, December 30, 2016
With the grace of Almighty Allah another milestone has been achieved by CENTIN incubate Ms. Kiran Zafar Student of School of Textile and Design of UMT start-up "From Banana to Paper" who secured 2nd Position (Category-C: Art & Humanity, Business and Social Sciences) and a Prize Money of Rs. 50,000/- in the biggest entrepreneurial event in Pakistan "DICE Invent 2016" organized by NUST, Islamabad on 21-22nd December, 2016. DICE-INVENT differs from other business competitions as it focuses on prototypes and venture creation and not the business plan only. By the grace of Allah, this is our second major win in the last month after securing a runners up position in ERUPT '16 which was hosted by Plan9 and Careem.

DICE Foundation, is a non-profit, tax-exempt organization, registered in Michigan, USA. DICE Foundation in collaboration with its domestic and international partners, is pursuing a DICE Program in Pakistan, to foster culture of Innovation and Entrepreneurship in the country and transform Pakistan into an innovation-driven economy. The partners of DICE Program in Pakistan are: PCST, British Council, ISESCO, FPCCI, British Council, NUST , NEDUET , COMSATS, IST,  UET-KPK, UET-Taxila, UOG, IBA Karachi,  UAF, LUMS, DUHS, NTU, Sukkur IBA SMEDA, PSF, ICT R&D Fund.

There were four categories of Innovation Projetcs:

Category A: Engineering & Technology, Computer Sciences and Information Technology
Category B: Physical Sciences and Agricultural Sciences
Category C: Arts & Humanities, Business and Social Sciences
Category D: Biological Sciences, Medical Sciences and Veterinary Sciences

Total 296 teams participated in all the above mentioned four categories from around 60 universities all across Pakistan. Ms. Kiran Zafar competed with 68 teams in Category-C and made her way to the top. 

On behalf of CENTIN I would like to thank our worthy rector Dr. Hasan Sohaib Murad and Dean HSM Mr. Bob Wheeler for creating an entrepreneurial environment at UMT where students are encouraged to follow their dreams and create businesses. 

I would especially thank Ms. Javeria Badar Khan and Ms. Faryal for their tireless grooming of our participants and their ideas as well as everyone in team CENTIN who accompanied our champions in Islamabad. .
We hope and pray to continue in this journey of excellence and bring more laurels to UMT. Ameen.
Regards

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