National University of Sciences & Technology (NUST) has signed an MoU with IBM Italia S.p.A. Pakistan for increased cooperation and support for start-ups. Under the MoU, IBM will initiate “Startup with IBM” programme at NUST for its start-ups. The programme entails start-ups to remain under IBM’s mentorship and support for 12 months, and avail the opportunity to use free IBM Cloud services. This will allow start-ups to receive go-to-market support, technical guidance and networking opportunities to quickly bring solutions to the market.
The MoU was signed in a ceremony held at NUST Islamabad campus, wherein Asif Ahmed (County Sales Manager) and Muhammad Faisal (Director, Innovation & Commercialisation) signed the MoU on behalf of IBM Italia S.p.A. Pakistan and NUST respectively.
It is important to mention that the IBM programme will benefit start-ups at NUST, which is at the cusp of becoming the largest incubation space in Pakistan with the launching of the country’s first National Science & Technology Park (NSTP) in September 2019.