Awantipora : The CIED–IUST Foundation of the Islamic University of Science and Technology (IUST) has entered into a Memorandum of Understanding (MoU) with the YUVA Innovation Hub at the Indian Institute of Management (IIM) Jammu.
The collaboration, established under Mission YUVA, aims to enhance entrepreneurship, foster innovation, and support youth-led enterprise development in Jammu and Kashmir. Shri Vivek Aggarwal, IAS, expressed optimism regarding the partnership’s potential to advance Mission YUVA’s goals by nurturing the entrepreneurial spirit among the youth and promoting sustainable business development in the region. Prof. Parvez Ahmad Mir, CEO of the CIED–IUST Foundation, emphasized the university’s ongoing commitment to cultivating an entrepreneurial culture through various support mechanisms, including capacity building and startup development. He noted that IUST has achieved a four-star rating under the Institution’s Innovation Council (IIC) framework for three consecutive years, underscoring its dedication to innovation and entrepreneurship. The MoU is anticipated to facilitate knowledge sharing, mentorship, and institutional support for aspiring entrepreneurs, while also fostering collaboration between IUST’s entrepreneurship ecosystem and Mission YUVA’s initiatives aimed at youth empowerment. The event included a presentation detailing the collaboration’s objectives and the achievements of the CIED–IUST Foundation, culminating in a cake-cutting ceremony to celebrate IUST’s sustained four-star IIC rating. The program was attended by various dignitaries and stakeholders, highlighting the collective effort towards enhancing innovation and entrepreneurship in the region.
