SRINAGAR: The Islamic University of Science and Technology (IUST) has signed a Memorandum of Understanding (MoU) with the YUVA Innovation Hub of the Indian Institute of Management (IIM) Jammu under Mission YUVA to support entrepreneurship, innovation and youth-led enterprises in Jammu and Kashmir.
The agreement was signed by the CIED–IUST Foundation at the IUST Innovation Campus on Tuesday. It is intended to facilitate knowledge exchange, mentorship, capacity building and institutional support for aspiring entrepreneurs.
Vivek Aggarwal, Director of Employment and Managing Director of Mission YUVA, Jammu and Kashmir, welcomed the collaboration, expressing confidence that it would help nurture entrepreneurial ambitions among young people and support the development of sustainable enterprises.
Prof. Parvez Ahmad Mir, CEO of the CIED–IUST Foundation, highlighted the university’s efforts to promote entrepreneurship through institutional support, capacity building and start-up development. He said IUST had secured a four-star rating under the Institution’s Innovation Council (IIC) framework for three consecutive years.
The programme included a presentation on the objectives and scope of the partnership and an overview of the CIED–IUST Foundation’s achievements. A compilation highlighting the foundation’s triple-certification achievements was also presented, while its coordinators were felicitated for their contributions to the university’s entrepreneurship and innovation initiatives.
The event was attended by IUST officials, representatives of IIM Jammu, faculty members, entrepreneurs, research scholars and students. Those present included IUST Finance Officer Sameer Wazir, Government Polytechnic College Principal Altaf Hussain Shalla, Director of the Centre for Good Governance and Policy Analysis Dr G. N. Itoo, Director of DIQA Dr Peer Bilal, Dean Outreach Dr Ruheela Hassan, Dean Students Dr Monisa Qadiri and Coordinator EDC/CPMSB/STEM Dr Basharat N Dar.
The partnership is expected to create opportunities for closer institutional cooperation in enterprise creation and youth empowerment, with a focus on strengthening the entrepreneurship ecosystem in Jammu and Kashmir.
