The Islamic University of Science and Technology’s (IUST) Entrepreneurship Development Cell (EDC) has launched a student entrepreneurial venture “Sunshine Washing Centre”.
The start-up is an initiative taken by a female student of MBA department, Rafiya Farooq. It was inaugurated by vice chancellor IUST, Prof Mushtaq Siddiqi, last week. He called for creation of proper mentoring team by the EDC which will help in encouraging young entrepreneurs and developing confidence in the young minds.
“These types of start-ups are creating a sense of security for future among the youth,” he said, adding the students should focus on areas of human consumption. Chairman EDC, Dr Parvaiz Ahmad Mir said the purpose of EDC was to change mindset of students towards entrepreneurship and to develop among them willpower for taking risks in order to convert them into opportunity.
“Our next step with regard to Sunshine Washing Centre is to register it as a private company and then apply for seed capital start-up grant from state government and thus make it as full-fledged organization,” he said. Rafiya said the Centre will act as facility for all female hostel boarders for washing their clothes.
“I am currently employing one female and after four months I would be employing more people and will start this facility in all other hostels of the University,” she said.