NUST Partners with Zayn Capital to Boost Innovation at Pakistan’s First S&T Park
Islamabad, June 3, 2024 — The National University of Sciences & Technology (NUST) has announced a strategic partnership with Zayn Capital VC , appointing them as the Resident Venture Capitalist at Pakistan’s inaugural Science and Technology Park. This collaboration is set to foster innovation, support startups, and catalyze technological and economic growth in the region.
Under the terms of the agreement, NUST and Zayn VC will organize a series of workshops, provide access to state-of-the-art laboratories, and facilitate investment pitches for budding entrepreneurs. The initiative aims to create a vibrant ecosystem for innovation, enabling startups to thrive and contribute to Pakistan’s technological advancement.
Dr. Rizwan Riaz, a key proponent of the partnership, emphasized its significance in driving economic growth. He highlighted the forthcoming establishment of the AI Tower, a landmark project that will serve as a hub for artificial intelligence research and development.
Faisal Aftab, representing Zayn VC, expressed enthusiasm about the collaboration. “We are excited to support and scale the innovative projects emerging from NUST. This partnership aligns with our vision of nurturing groundbreaking ideas and transforming them into successful ventures,” he stated.
The agreement marks a significant milestone in Pakistan’s journey towards becoming a leader in science and technology. By combining NUST’s academic prowess with Zayn VC’s financial acumen, the partnership is poised to accelerate the growth of the country’s startup ecosystem and drive sustainable economic development.
