MoU Signed Between KMU and Piverifine Private Limited

A Memorandum of Understanding (MoU) has been signed between the Khyber Medical University Business Incubation Center (KUBIC) Peshawar and Piverifine Private Limited. The purpose of this agreement is to promote entrepreneurial skills, innovation, and economic development in Pakistan. The MoU was signed by the Vice Chancellor of KMU, Prof. Dr. Zia Ul Haq, and the CEO of Piverifine Private Limited, Mr. Haroon Nawaz.

Under this partnership, Piverifine Private Limited will sponsor the Hult Prize Pakistan National Summit, which is scheduled to be held from May 2-4, 2025, at Khyber Medical University, Peshawar. The Hult Prize is an international competition that provides students with a platform to present innovative solutions to global challenges.

Speaking on the occasion, Prof. Dr. Zia Ul Haq, Vice Chancellor KMU, said, "We are delighted to partner with Piverifine Private Limited, as this collaboration will empower young entrepreneurs and innovators in Pakistan. Through this sponsorship, students will have the opportunity to showcase their ideas and compete at the national level."

CEO of Piverfine Private Limited, Mr. Haroon Nawaz, expressed his commitment to supporting entrepreneurship, innovation, and youth development in Pakistan, stating, "We firmly believe that the Hult Prize Pakistan National Summit will provide students with a platform to refine their skills, connect with like-minded individuals, and contribute to the country’s economic growth."

This partnership reflects the shared vision of KMU Business Incubation Center and Piverifine Private Limited to foster an entrepreneurial ecosystem and strengthen innovation in Pakistan. The Hult Prize Pakistan National Summit will bring together talented and creative students from universities across the country, competing to secure a place in the global Hult Prize competition.