The Institute of Business Administration will set up an independent centre for entrepreneurship for the training and guidance of young men and women who plan to set up their own businesses.
The IBA board of governors has already accorded approval to the project, which would get some financial and technical support from the US government as well.
The Director IBA, Danishmand, told Dawn that the centre, which will be set up within the IBA on the KU Campus, would be governed by a separate body. “We hope to offer courses at the ‘Centre for Entrepreneurship in Pakistan’ in the second half of next year,” he added.
He said that the US had chosen the IBA for establishment of the centre and had agreed to support it under its Broader Middle East and North Africa Initiatives (BMENA).