The Sir Syed University of Engineering & Technology (SSUET) as a major partner of IdeaGist in collaboration with IT Ministry has established National Ideas Bank that has recently been launched by the President of Pakistan, Dr. ArifAlvi. The event was attended by the Chancellor SSUET, Jawaid Anwar, Registrar Syed Sarfraz Ali, Director ORIC Rabia Noor and other dignitaries and technocrats.
National Idea Bank is an entry point for big and small ideas to be investigated by the universities and Sir Syed University will provide a platform through National Ideas Bank for collecting ideas, developing a sustainable business model for it.
The vision of Sir Syed University is to meet the demands of challenging times as envisioned by Sir Syed Ahmed Khan by transforming Pakistan into a knowledge-based society through some impact projects and innovation in education, research, and creativity.
The Sir Syed University is playing a leading role in national socio-economic development by meeting the challenges of modern time through creating alliances and partnerships between academia and industry. The university’s focus is on innovation, research, and commercialization with a deep sense of social and moral responsibility imbued with the Aligarh Spirit.
Appreciating the efforts of Sir Syed University, IT Ministry and IdeaGist for establishing National Ideas Bank to accept ideas by the people on a regular pitch schedule, President Dr. ArifAlvi said that the fastest way for Pakistan to emerge as a strong knowledge economy was through promotion of innovative entrepreneurship based on information technology.
Innovation and emerging technologies together can open up new vistas of development and prosperity for Pakistan.
Federal Minister for Information Technology and Telecommunication, Syed Amin ul Haq has already said that every other moment there is a new technology or a novel idea and we need to keep pace with the rapid change of the world.
In fact, Pakistan is full of brains brimming with scientific ideas, but schools, society and social attitudes tend to kill those scientists before they could invent something. They hardly get any avenue to materialize their dreams. There are many challenges for idea makers to overcome in order to convert their ideas into a successful business. So, the national ideas bank is the need of time.