Established in 2023 with the support of the Higher Education Commission (HEC), Pakistan, the Business Incubation Center (BIC) at PAF-IAST is dedicated to fostering entrepreneurship in the region. Our mission is to provide aspiring entrepreneurs with the essential tools and resources needed to elevate their business ventures and contribute to the economic prosperity of the community.
At BIC, PAF-IAST, we have developed a robust infrastructure to nurture and guide emerging entrepreneurs on their journey to success. Our primary goal is to promote sustainable business ventures with significant financial potential. The startups incubated within our center benefit from a range of services and resources geared towards their holistic business development.

Join us at the Business Incubation Center at PAF-IAST and embark on a transformative journey towards entrepreneurial success. Together, let’s create new technologies, generate employment opportunities, and build a thriving entrepreneurial ecosystem in the region. Your success is our success!


Ms. Areeba Syed and Ms. Hamna Shoukat, Co-founders of EcoBuck and ECure, signed an agreement with The Asia Foundation after winning a $2000 seed grant each in the Net Zero Challenge to combat climate change.

Umer Ali Jaan, Co-Founder of AKWA-CYCL, secured the Runner-up position with a PKR 0.5 million prize in the Prime Minister National Innovation Award.

Ms. Areeba Syed, Co-Founder of EcoBuck, emerged as the Winner of the Prime Minister National Innovation Award, receiving a PKR 1 million prize.

EcoBuck triumphed in CHEMATON 2.0 organized by the American Institute of Chemical Engineers at Comsats University Lahore.

Representatives from Startup Edversity—Saad Siddiqui, Syed Habib Shah, and Qummer Ali Shah—achieved victory in the Microsoft Imagine Cup powered by HEC.

Edversity was honored with the top EdTech startup award in Pakistan by President H.E. Dr. Arif Alvi.
Get ready to unleash your entrepreneurial spirit! Something big is coming to take your business idea to the next level. Stay tuned!
| Team — Business Incubation Center (BIC) | ||
| Name | Designation | |
| Brig Dr. Abdul Ghafoor (Retd) | Advisor / Lead FITP | [email protected] |
| Dr. Haider Khalil | Manager BIC | [email protected] |
| Ms. Arrij Zahra | Deputy Manager (Business Development) | [email protected] |
| Mr. Wajid Shah | Accountant | [email protected] |
| In-House Faculty Mentors — Business Incubation Center (BIC) | ||
| Name | Designation / Organization | |
| Dr. Moazam Maqsood | Co-Founder, Newvative | [email protected] |
| Dr. Muhammad Muqeet | CEO/Founder, Neem Engineering | [email protected] |
| Dr. Humaira Ayub | CEO/Founder, Radiant Aura Pvt. Ltd. | [email protected] |
| Dr. Asad Khan | CEO, MinMatters Pvt. Ltd. | [email protected] |
| Dr. Fazli Wahid | CEO/Founder, BioPrintx Pvt. Ltd. | [email protected] |
| Dr. Zubair Khan | Founder, RenewaMat Solutions Pvt Ltd. | [email protected] |

| Industrial Advisors — Business Incubation Center (BIC) | |
| Name | Designation / Organization |
| Mr. Umair Khalid | President, Haripur Chamber of Commerce & Industry (HCCI) |
| Mr. Waqar Jadoon | Head of MIS / IT Department, NRTC |
| Mr. Mehmood ur Rehman | Industrialist, Director AR-Soap & Chemical Pvt. Ltd., Hattar |
| Mr. Ammar Waheed | Industrialist, Director Khadija Edible Oil & Refinery Pvt. Ltd., Hattar |
| Mr. Ammar Haider | Industrialist, Director Haidery Boards Pvt. Ltd., Hattar |
| Mr. Muhammad Ajmal | Secretary General, HCCI |
| Mr. Imtiaz Rastgar | CEO, Rastgar Group |
| Mr. Ather Imran | CEO, Sybrid |
| Mr. Ayub Zakori | CEO, Zakori Group of Industries |
| Mr. Altaf Hussain | CEO, Kulal Ceramics |
| Mr. Haider Azeem | Country Manager, H3C |
| Mr. Arbab Abdul Wahid | CEO/Founder, Brayt Enterprises |
| Mr. Mir Ali Ozgen | Project Manager, Hattar Special Economic Zone |
| Mr. Qasim Ahmed | GM/CEO, Mashroom Pvt. Ltd. |
| Mr. Tallal Ijaz | CEO, Sabzland |
| Mr. Saad Saddique | CEO, Edversity |
Are you an aspiring entrepreneur with a game-changing idea? Ready to turn your dreams into reality? Look no further! PAF-IAST’s Business Incubation Centre is thrilled to announce the call for applications for our inaugural cohort