A Memorandum of Understanding (MoU) between S&P Global and Teamup Pakistan has been signed. The initiative aims to create a long-term, mutually beneficial partnership to support, train, and upskill Pakistan’s young and aspiring entrepreneurs while also giving the youth employment opportunities.
“Partnership is a core pillar of our values, and this MoU is a great example of working collaboratively with communities we operate in,” said Mujeeb Zahur, Managing Director at S&P Global. “We are confident that this partnership will result in a number of collaborative projects that create new synergies, add strategic knowledge for upskilling talent, and ultimately support Pakistan’s economic growth and development. This is consistent with our “people first” strategy and global market-powering vision.”
According to the agreement, S&P Global Pakistan will assist and upskill students and entrepreneurs who are a part of the Teamup Career Launch Pad program. The National Incubation Center is where Teamup is located. The Ministry of IT and Telecom, which oversees this Center, uses Jazz and Teamup to support and grow talent throughout Pakistan.
“I am thrilled to announce our collaboration with S&P Global as it is a powerful combination that will unleash the potential of entrepreneurship and innovation,” said Zouhair Khaliq, Co-Founder of Teamup. “We will open the door for a more promising future of economic growth and development thanks to their combined vision and expertise. This collaboration demonstrates our dedication to developing the following generation of entrepreneurs and giving them the tools and support they require to be successful.”
The National Incubation Center’s Parvez Abbasi, the project director, also expressed joy over the collaboration, saying, “We are thrilled to witness this partnership between Teamup and S&P Pakistan. This partnership will help us advance our mission of encouraging innovation and entrepreneurship in our community while also giving our students access to useful resources and opportunities. We are convinced that by banding together, we can influence the course of our economy and produce long-term benefits for all parties concerned.”
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