STAFF REPORT ISB: As many as 75 teams representing 38 eminent universities from across the country took part in the mega event – Preston Entrepreneurial Challenge- recently held at the Preston University Islamabad Campus.
The teams that won first, second and third positions in the competition received attractive cash prizes of Rs.100, 000, Rs.75, 000 and Rs.50, 000 respectively. In addition to cash prizes, seed money to the tune of Rs. 800,000 was also awarded to the winners for establishing their business. The organizers have tagged the event with the Slogan “KHUD PEY YAQEEN”.
Eminent public and private universities from across the country participated in the event. After a hard-hitting and nail-biting competition, team Plasto from Comsats Abbottabad Campus lifted the coveted winners trophy and cash prize of Rs. 100,000 beating their counterparts. Second position was grabbed by team Innovation from IBA Sukkur. It was awarded a trophy and cash prize of Rs. 75,000. The third position went to the team Emergineers from EME-NUST, Rawalpindi. It was awarded a trophy and cash prize of Rs. 50,000.
Dr. Abdul Basit, Chancellor Preston University, appreciated the entrepreneurial skills of particularly the teams of the universities which won trophies and cash prizes.