This initiative involves sourcing highly skilled and experienced professors and academics from the Faculty of Business Administration, who possess both theoretical and practical expertise, to serve as consultants for organizations or agencies seeking advisory services.
For example, the University Business Incubator (UBI) project integrates academic and research knowledge from various disciplines within the institution to create tangible benefits. It leverages the expertise of faculty members to actively participate in business incubation activities while providing opportunities for students and alumni to engage in these initiatives.
By doing so, participants can develop their entrepreneurial skills, leading to job creation and career opportunities. This approach enables them to establish and manage businesses systematically, with confidence, quality, ethics, and long-term sustainability. Ultimately, such efforts help reduce unemployment and serve as a vital strategy for revitalizing the country’s economy.