Preston Entrepreneurial Challenge (PEC) 2015 had its charm spreading over two tight eventful days.The participating teams took part from major cities of Pakistan including Turbat, Gilgit, Karachi and Sukkur.
In an interview with the Chief Organizer of Preston Entrepreneurial Challenge,
we got to extract the whole summary of this astounding and enchanting event.
Entrepreneurial Challenge (PEC)” was planned for young prospective entrepreneurs. We rise up every year to provide the aspiring entrepreneurs a platform where they can come and explore their entrepreneurial capability as
the event comprises of different entrepreneurial challenges faced by an entrepreneur in real life.”
Q. Who conceived the idea of PEC?
the theme as well.
basis of aggregate score in all events.
was it to find them?
is considered is getting the sponsors as without them the events success is not
possible. We have four packages for our sponsors Bronze, Gold, Silver and
Platinum. In terms of difficulty than would say that yes it is a difficult job
but the dedicated team of PEC is always on toes and we have separate teams for
separate tasks. Their day and night effort and continues follow up makes it
easy for us.
PEC in 2013 so in first edition sponsors were reluctant at beginning. But as
the reachof PEC13 was communicated to them they were more than eager to sponsor
our event. We received overwhelming response in our first year and our
sponsors for the first edition were:
In our second edition (PEC14) we sent proposals to
outlined potential sponsors for the event and to our surprise the required
sponsors were arranged in no time. As our sponsors of first edition were more
than willing to sponsor us:
trend of PEC made us sure that the third edition will be the biggest one, as
the interest of the universities and students were increasing day by day. For
which we had to raise the participation number of teams for Grand Finale
resultantly we needed the big amount to cover our expenses. The outreach was
made and ALLHAMDULILLAH our past sponsors responded to our proposals and new
approached sponsors were also found encouraging. Thus making the pool as:
organizations usually play this role in PEC Events?
partners to PEC is to promote entrepreneurship culture in our society as the
strategic partners selected by us are those who are using their platforms to
promote it already. By having them it makes us easier to make the impact in the
society. Strategic Partners year wise are below:
blend of balanced judges.We have always considered therenowned academicians and
entrepreneurs for business plan competition. And for other competitions we
search and choose from the relevant field.
Money and Winning Trophies.Besides this we have seed money option available for
the start-ups. Beside event winners we have mementoes for event category
winners and our sponsor Naimat Private Limited welcomes any of the finalist to
reach them for seed money.
their importance is?
start working months before, otherwise just dream of getting a magical spell.
they are the backbone of the event and perhaps any event like this is not
possible without an efficient team.
knowledge strongly believes in active participation and development of students
curriculum and extra-curriculum skills. It is proud of having constructive role
in providing quality education for Pakistani and foreign students in a learning
environment since the last 30 years. When it comes specifically about PEC we
always found Preston University administration and staff very profoundly taking
part in the event and assisting the event in best possible manner. The
Guidance, moral support and monetary support is always on deck.
the response of the Participating Teams in Pec13 and now after 2
years in Pec 15?
participants who makes or breaks the event. They are the one who take event to
next level. We have always announced event not more than 25 days before close
of registrations and this year merely 18 odd days. But to our surprise, the
buzz and wait of participants is always making us have the number of
participants beyond our expectations every year. The graph of participants have
increased tremendously in just three years. We The PEC TEAM have always tried
our best to meet the expectations of our participants. And they have always
found us up to the mark. I find your platform a great way to once again thank
all the participants of PEC because of whom the PEC`s were memorable for us and
turning the events to a successful ones.
Iqra University Karachi:
is as below:
2015 – Kinnaird Lahore
person is there, as to me he is a compass who is continuously activating
the magnets of knowledge curiosity and wisdom. He not only tells but explains
and demonstrates with an inspiration and really effected my eternity and
perhaps I can never tell where his influence stops. The
most influential and man of honour Mr. HumayunShujais PEC`s Success Factor or
what you call the PEC`s X-Factor.
Mr. Hassan Nisar is in PEC?
expressed as the passion for entrepreneurship is in me since my teen days. I
have found no better way than entrepreneurship to serve the nation and people
of your country. I am a seasoned entrepreneur who have not only run some
traditional businesses but also have brought out some new concepts in some of
the ventures. My journey started in 07(although have been in field since teen
age), and from then I realized the true importance of the entrepreneurs.
PEC was conceived by me and my Teacher Mr. HumayunShuja, in the days when I was
a regular student of my very own Preston University. The first event brought
that motivational factor for me to really contribute for entrepreneurship as I
always wondered during my carrier and studies that how I can contribute to
much keen about promoting it as I have seen many public figures promoting youth
and claiming as a success that Pakistan have a youth above 60%. But to me it’s
a real worry as:What we are doing for that youth? Where are the platforms for
that youth which they can use? What are the basic facilities being made for
that youth? How we are going to get our youth accommodated in terms of jobs?
When we see these basic questions unfortunately we don’t see any answers
or platform from public or private sector.This concern about youth and the people
who inspired me my father Brig Nisar Ahmad, Sitar-e-Imtiaz Military and
my teacher Mr. HumayunShuja vision of promoting the entrepreneurial
culture have been a great strength and factor to be associated with PEC. As if
we see progressing nations the reason of their progress is more based on
entrepreneurial activities in the nation. It’s a fact that government sector
cannot create much job employment as the private sector by creating
entrepreneurial activities can. An entrepreneur does not
only create jobs but also makes contribution in the economies of the
nations. Any such entrepreneurial activity that starts is not limited to him or
herself. They engage the supplier, manufacturer, middle man, distributor, etc.
Entrepreneurs are also the best way of meeting the needs of the
customers/consumers as they keep innovating the products by identifying the
platform in shape of PEC is found by me as one of the best way to serve the
precious time.I believe people will get great inspiration from a great