Islamabad Chamber of Commerce & industry (ICCI) reaches the finalists of the World Chambers Competition 2013 by presenting its Best Youth Entrepreneurship Project to an international judging panel during dedicated Congress session.
The 2013 World Chambers Competition which was held at Doha, Qatar, received entries from 65 chambers of commerce and industry from 42 countries and ICCI was among the 25 finalists, who presented their innovative projects at this forum. This World Chambers Congress plays a crucial role in gearing up chambers of commerce to satisfy and go beyond the new needs of business as well as it increases global unity between chambers and opens up new channels of dialogues.
In this year’s competition, judges have looked for the best projects in the categories of corporate social responsibility, international trade, small business, youth entrepreneurship, and Best Unconventional project. Mr.Majid Shabbir, Secretary General, Islamabad Chamber of Commerce & industry presented the innovative project of ICCI on Best Youth Entrepreneurship and qualified for the 25 finalists as ICCI was the first Chamber of Commerce in Pakistan that has taken initiatives for youth development and the promotion of entrepreneurship.
ICCI has also established Entrepreneurship Development Center with the support of Center for International Private Enterprise (CIPE) for providing guidance to prospective business starters and existing businessmen in expanding their businesses. A young entrepreneur’s forum has also been created to motivate youths towards entrepreneurship so that youngsters could enter the mainstream business world, embark on an entrepreneurial career, and contribute positively to developing the national economy.
Islamabad Chamber of Commerce & industry has been actively engaged to promote entrepreneurial culture in Pakistan. ICCI is also planning to establish a Business Incubation center in collaboration with CIPE, where under the guidance of experienced business professionals incubation services shall be provided to the new and young business starters. ICCI has floated this idea to management of universities, who showed keen interest for collaboration with ICCI in this project.
ICCI is also intended to organize the six phase “train the trainer” project entitled, “Young Pakistani Entrepreneurs Business Plan Competition,” in coloration with Ball State University in Indiana and Muncie-Delaware County Chamber of Commerce in Indiana that is designed to provide 80 post-graduate, young (20-25 years old), male and female Pakistani majority and ethnic minorities living in Islamabad and the surrounding communities with the knowledge, skills, and for 20 of them, the seed funds to improve their probability of succeeding as entrepreneurs. After these aspiring entrepreneurs participate in two-days of a training workshop focused on teaching them about entrepreneurship, they will take part in a three-day “Business Plan Competition".