Experiential Learning (EL) is the hallmark of LUMS MBA Program. One of the components of EL is My Startup directed by Dr. Farrah Arif, Assistant Professor, SDSB, LUMS and Dr. Muhammad Shehryar Shahid, Assistant Professor, SDSB, LUMS. It is intended to enhance students’ willingness to set out on an entrepreneurial journey. It not only helps them develop an entrepreneurial mindset that is valued in successful companies of the modern age but also gives them a chance to think about alternative career options available to them. Students complete four major stages of a start-up venture i.e. conceiving a concept, testing a concept, commercializing a concept and eventually generating operating profits.
This year LUMS MBA 2019 has launched ten startups. The competition took place on Sunday, May 13, 2018, and Monday, May 14, 2018, at SDSB, LUMS. Four panelists: Ahsan Sheikh, CEO, Kinetic Pakistan, Jamil Goheer, Kualitatum Inc., Saad Zuhur Khan, owner, Red2Blue Consulting, and Maria Butt, CEO, MariaB, were invited from the industry to select top six startups for the final round of presentations. Kundan, Lunatec, Easy Stitch, TourEd, Artista, and Fit Hai Yar (FHY) made to the final round of presentations. Three panelists: Almas Hyder, Chairman, Synthetic Product Enterprises Ltd (SPEL), Khurram Zafar, Executive Director, National Incubation Center Lahore and Innovation Fellow at Pakistan Innovation Foundation, and Mahrukh Mahmood Malik, CEO, Instaprint were invited from the industry on the day of the final round of presentations to select the top three winning startups. The winning startups were: Lunatech secured the first position, Kundan was second, and Easy Stitch secured the third position.
Details of the Startups are as as follows:
The Kundan team started with a concept of bringing indigenous Pakistani products to the world. The team narrowed the project down to Kundan and planned to uplift the kundan community of Pakistan which is facing a crisis of existence because Pakistanis are shifting towards modern designs. We plan to do this by creating a brand and putting it on a global platform which is Kickstarter.
Artista is a platform for Artists! We strive to connect the highly talented artists that are passionate about teaching their unique skills to the people that want to learn something different. Our vision entails creating a society of artists in Pakistan that collaborates and learn from each other in order to improve the artistic landscape in Pakistan. Through our platform, we plan to put a spotlight on and support the numerous talented artists that are currently struggling to make their ends meet by connecting them with a student of Arts that are looking for ways to get their creative juices flowing. Come support us in our endeavor to put Pakistan on the forefront of the artistic community of the world.
Providing innovative ad communication through a traditional touchpoint. We provide advertisement solutions using mirrors and screens to maximize message-retention.
Tour-Ed helps students embark on an experiential journey to the historical and cultural landmarks of Lahore. Through these endeavors, we make learning a live experience for children to relish. We offer customized educational tours to educational institutes, planned meticulously to be in sync with and augment regular classroom learning.
ShareCase is a peer-to-peer shipping platform that provides a convenient and economical channel across international borders. By connecting expatriates to travelers with excess luggage space, ShareCase is a one-of-a-kind service enabling delivery of a variety of items. Simply register yourself with ShareCase, post your details and become a part of an expanding network that reaches out to every Pakistani on the globe.
Easy Stitch provides convenience to women for getting their casual wear stitched by easy design selection and hassle free process. Easy Stitch contributes to social inclusion by giving work to talented women who otherwise would not have access to the market.
Truck Walay is a web-based solution for small & medium enterprises' logistical problems. Providing price comparisons and help in choosing best-suited truckers for their non-full truckloads.
NEST provides end-to-end interior designing solutions which are totally customized and economical.
The right colors, textiles, and finishes can tie a space together and create the right mood for comfort as well as functionality. NEST brings just the right mix to the table.
After one-on-one consultations and a careful evaluation of our clients’ requirements, we offer a customized solution suitable to their specific needs and budgets. At NEST, we believe that not everything beautiful has to come with a hefty price tag. That is why we aim to provide quality service at affordable prices.
Upcycled Bags, Purses, and Wallets.
Mantra: The Way Forward.
Overview: Unique and durable products contributing towards a Greener Pakistan. Bagavo, with its Upcycled products, is focused on providing a solution to the increasing air pollution problem of Pakistan. Not just that, the products are made of smooth and durable seatbelt material that can withstand all kinds of temperatures and pressures, so it protects items like a guardian. And the unique design on top of it all gives customers an unparalleled experience.
Bagavo – The Way Forward!
Fit Hai Yar (FHY)
FHY stands for style, collaborative avant-garde design and expressive footwear which tell your story. We believe you have a story to tell and it is immensely unique and exhilarating to share.
We are working with indigenous, young designers to come up with shoes which will complement your style and story.
Come join the revolution and take the step into style and storytelling.