The recent unplanned proliferation of Engineering and IT universities has led to the saturation of available jobs in the market, resulting in the unemployment of qualified professionals. This does not end here; we are producing technological experts having a uniformly distributed skill set due to a widespread non-interactive gap between academia and industry. Due to this communication gap, technical professionals lack the abilities and skills required to perform effectively in industries. There is a great need to groom our talent according to the unique set of skills required by companies for better and improved innovations. Moreover, the newly produced talent lacks the highly required entrepreneurship skills to give them leverage towards sustainability during changing market trends.
To encounter this significant divide between academia and industry CISNR have devised an effective and detailed plan to develop an incubation center which will effectively result in achieving the following goals:
The proposed plan is to be carried out with the collaboration of CISNR, Higher Education Department (HED) and GovChina. CISNR will be responsible for consultancy, mentorship and overseeing the program while the HED and GovChina will have a share in equity. CISNR plans to develop incubation centers at four major cities in KPK, i.e., Peshawar, Abbottabad, Swat and DI Khan. The incubation centers will be under operation of CISNR. According to our proposed program we will train a total of 100 incubatees per year repeatedly for a period of 5 years. The talented underprivileged incubatees will be paid a remuneration of Rs.25,000/- per month to sustain themselves during the training process. The successful completion of the program will result in 500 skilled incubatees with required entrepreneurial skills along with developed products & services in the next 5 years. These trained personnel will be capable of running startups, thus opening doors for other graduates in the form of new job opportunities.