Successful companies gradually develop and nurture innovation in their business strategy. Such companies attuned with the latest trends in technology do experience immense growth in their business operations leading to the emergence of new market trends. This was the concept behind the “Eureka Fair” held recently at the Institute of Business Management (IoBM). Under the guidance of faculties Mr. Syed Abdul Basit, Ms. Juveria Baig and Ms. Maria Hussain, students solved grand challenges through their innovative, original and technologically-equipped projects. From the beginning of the Spring Semester 2017 students were encouraged to work on their ideas, conduct research and share their findings to solve challenges facing Pakistan in various industries. During a span of fourteen weeks, these students presented super ideas and prototypes of innovative products on their own.
The “Eureka Fair” began with great zeal and enthusiasm as students were excited to showcase their innovative ideas and prototypes to the invited guests. Industry experts attending the Eureka Fair were: Mr. Akash Shaikh (Nest I/O), Ms. Sereen Atif (NUST), Dr. Asma Asghar (Medical Professional and Trainer), Mr. Fahad Ahmed (PMI Karachi Chapter), Mr. Muhammad Haroon (ApniProperty), Mr. Muhammad Jawwad Paracha (IBM), Dr. Owais Shaikh (Hassaan Shaikh and Company), Syed Azfar Hussain (ICCBS), Mr. Muhammad Saad Khan (Gaditek), Dr. Mahmood-ul-Quddus (SBP) and Mr. Waqas Osama Khan (Meezan Bank). IoBM students who were unaware of how to develop mobile phone applications, how to build and launch a website, how to create a product using Design Thinking Framework successfully developed workable prototypes of their ideas.
Projects demonstrated at the Eureka Fair at IoBM were: Safaiwaley.com, Flashlanes.com, Eco Wash, Mosquito Repellant Band, Finch, Hair Solutions, Ezshadi App, Best Bai, Maids Hub, Imdaad, Online Parchay, Cloud 9, Power Peek, Nuskhay, MedsInfo, My Medic, Kake, Café Think Thank, Quick Trackers, Pet Café, Edu Counseling, Agri-Varium, CakEaze, Rent-a-Clothes, Power Walk, E-Wear, Wardrobe Customizer, Blue Shield, Committee Pal, Khelo Khul Kay Mobile App and Islamic Banking Online Course.