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Advancing Research Excellence, Innovation, and Commercialization | Key Highlights from IU ORIC's 13th Steering Committee Meeting
The Office of Research, Innovation and Commercialization (ORIC), IQRA University, held its 13th Steering Committee Meeting, bringing together distinguished academic and industry leaders to review strategic achievements, assess ongoing initiatives, and discuss future directions for research, innovation, and commercialization.
A key focus of the meeting was the progress of ORIC’s commercialization strategy, including efforts to strengthen industry engagement and facilitate the transition of promising projects from development to market adoption. Committee members reviewed commercialization pathways for potential projects and startups while emphasizing the importance of enhancing academia-industry collaboration to maximize impact.
A notable achievement highlighted during the meeting was IQRA University’s recommendation for dedicated funding support for student-led projects at Higher Education Institutions (HEIs), an initiative supported by Mr. Shams ul Islam, former President FPCCI, and aligned with the youth-focused funding provisions announced in the latest federal budget.
The meeting also showcased significant progress in international engagement, including collaboration opportunities with a delegation from North South University and the submission of international grant applications under the Erasmus+ programme. In addition, the university celebrated the successful award of two nationally funded research projects worth PKR 18 million and PKR 4 million, further strengthening its research portfolio and impact.
Another major highlight was the recognition of IU ORIC’s achievement in securing an X Category ranking in the HEC Annual ORIC Assessment, attaining a score of 64 out of 100. The committee acknowledged the university’s strong performance in intellectual property development, with 11 intellectual property grants secured during 2025–26.
The committee further reviewed updates on the PhD Research Colloquium, Faculty Industry Placement Program, and various capacity-building and skill-development initiatives aimed at encouraging a stronger research culture and improving industry readiness. Valuable insights and recommendations were shared by Mr. Shams ul Islam and Mr. Syed Shujaat Ali, who appreciated the university’s progress and offered perspectives on educational reforms, entrepreneurship, and economic development.
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