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Information Technology University ITU To Make Money From Apps

The Information Technology University (ITU) Lahore is focusing on launching programmes to generate revenue from innovative apps developed by students and faculty.

A very good idea to promote inclusion and innovation within the university, ITU’s Vice Chancellor Dr. Umar Saif chaired 5th Syndicate meeting yesterday, while talking to the attendants Dr. Umar said, “ PEEF scholarships are being offered to ITU Punjab students, 780 students have already availed these scholarships so far.”

The Department for International Development (DFID) announced 5000,000 pounds equivalent to Rs. 686.5 million to build the capacity of organizations and support evidence-based innovation in the education sector. By the year, he added, 250,000 children between 5-16 years in which 50 percent of girls would be benefitted from this programme.

Dr. Umar also informed about the first mega event in Lahore, he said, a four-day international conference on Information & Communication Technologies and Development (ICTD) Pakistan 2017 will be hosted by ITU in Lahore scheduled for November 16 to 19 this year.

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Chairman of HEC Punjab Dr. Nizamuddin and some others reviewed the financial matters and gave their input in this regard. The ITU syndicate organized an investment committee for the endowment fund.

Dr. Umar said, they have also signed a contract with Infrastructure Development Authority Punjab (IDAP) last month, according to the contract the main campus of ITU will be built on 184 acres near Lahore Airport incurring costs around Rs. 5 billion. The development of campus would be started in 12 to 18 months, he added.

Mark Goodman

Digital marketing enthusiast and industry professional in Digital technologies, Technology News, Mobile phones, software, gadgets with vast experience in the tech industry, I have a keen interest in technology, News breaking.

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