The Institute of Business Management (IoBM) and The Hunar Foundation (THF) have signed an MoU to exchange information, best practices, and collaborate on joint initiatives and programs in incubation, mentoring, support, access to facilities, resources, and entrepreneurship education. This collaboration is between IoBM’s Shahjehan S. Karim Incubation Center (SSKIC) and The Hunar Foundation’s Emerge, Pakistan's first TVET. It aims to enhance support for startups, provide opportunities for capacity development, promote sustainable growth, and strengthen the startup ecosystem in Pakistan. The MoU was signed by Raza Abbas, Head of SSKIC-IoBM, and Tahir Jawed, CEO of The Hunar Foundation-THF. IoBM, as the National Chapter of UNESCO Entrepreneurship Education Network in Pakistan, envisions working with like-minded organizations, such as THF, to promote education, inclusion, and skills development.
The collaboration between IoBM and The Hunar Foundation (THF) directly supports several Sustainable Development Goals (SDGs), particularly SDG 4 (Quality Education), SDG 8 (Decent Work and Economic Growth), and SDG 17 (Partnerships for the Goals). By focusing on education, skill development, and entrepreneurship through initiatives such as incubation and mentoring, the partnership aligns with SDG 4 by promoting inclusive and equitable quality education. It also advances SDG 8 by fostering economic growth through skill-building and creating job opportunities for startups and entrepreneurs. Finally, the collaboration strengthens SDG 17 by fostering meaningful partnerships aimed at achieving sustainable development goals in Pakistan through shared resources and expertise.