IoBM and NICAT Forge Partnership to Boost Entrepreneurial Ecosystem



The Institute of Business Management (IoBM) and the National Incubation Center for Aerospace Technologies (NICAT) have signed a groundbreaking Memorandum of Understanding (MoU) aimed at enhancing entrepreneurship, innovation, and skill development. Key areas of collaboration under this MoU include the exchange of information and best practices, which will empower the next generation of innovators to succeed in their entrepreneurial endeavors.

The MoU was signed by Raza Abbas, Head of Incubation at the Shahjehan Karim Incubation Centre, IoBM, and Ms. Sarah Tims, Head of Community & Events at NICAT. This strategic collaboration will establish a robust framework for cooperation between the two entities, focusing on the exchange of knowledge, resources, and expertise to support aspiring entrepreneurs and startups.

The partnership between IoBM and NICAT aligns with multiple Sustainable Development Goals (SDGs), particularly SDG 8: Decent Work and Economic Growth and SDG 9: Industry, Innovation, and Infrastructure. Their collaboration aims to boost entrepreneurship and skill development, contributing to economic growth and innovation by creating a supportive ecosystem for startups and aspiring entrepreneurs