Page 13 - PSUT Magazine

Venture Lab Funds Entrepreneurial Projects for 2023

Oct 9, 2023
PSUT

VENTURE

LAB

In a move to foster innovation and entrepreneurship among PSUT Prof. Abu Elhaija also highlighted that the Venture Lab program, in its
students, the university’s President, Prof. Wejdan Abu Elhaija, has signed establishment and expansion, acts as a catalyst for innovation and creativity.
three agreements with students participating in the PSUT Venture Lab It strives to enrich the entrepreneurial ecosystem at PSUT by engaging
program. This program operates under the oversight of the Queen Rania experts and consultants for support, training, and comprehensive legal
Center for Entrepreneurship, known as the university’s entrepreneurial ideas and financial guidance from the initial stages of an entrepreneurial idea’s
incubator. The signing ceremony was attended by Prof. Bassam Hammo, incubation to the establishment of companies and projects that contribute
Vice President for Administrative Affairs, and various concerned individuals. to social benefits.

The University President, Prof. Abu Elhaija, expressed that the Venture Lab This is achieved through collaboration with the university’s Technology
program was created to assist university students, equipping them with the Transfer and Commercialization Office, overseen by Mr. Mohannad Taslaq,
essential knowledge needed to start their own businesses and turn their with the objective to advance society, create new employment opportunities
academic projects into tangible, practical projects. for its members, and enhance their skills and productivity.

PSUT Launches the Entrepreneur in Residence EIR Program

Jul 12, 2023

PSUT has launched the Entrepreneur in private institutions. The program includes
Residence (EIR) Program, an initiative under the workshops, courses, and meetings to
Queen Rania Center for Entrepreneurship. Led enhance entrepreneurial skills, covering
by the Deanship of Admission and Registration, idea development, innovation, project
the program incubates entrepreneurial ideas. It empowers students, management, marketing, business plan creation, financial and legal
faculty, and staff to develop and transform their ideas into tangible knowledge, and leadership skills.
ventures and startups. The program contributes to fostering an
entrepreneurial and innovative environment within the university. The program, aligned with the university’s priorities, aims to prepare
and nurture a generation capable of competing in a rapidly evolving
The EIR Program hosts successful entrepreneurs to enrich the world. It focuses on providing students with pioneering and creative
entrepreneurial journey, strengthen competition and sustainability thinking methodologies, engaging them in innovative activities,
strategies, foster creativity, and understand the startup landscape. encouraging unconventional thinking, and empowering them to
It involves evaluating current work processes, innovating discover solutions to societal challenges.
technologies, and establishing relationships with government and

Issue 3 11 PSUT Magazine