The Virtual University of Pakistan organised the All Pakistan Business Plan Competition 2015 (APBPC 2015). The grand finale of the competition was held at the M A Jinnah Campus Lahore. This business plan competition was a platform to give a practical shape to innovative thinking and ideas among students across the country.
The competition was divided into two phases. In first phase a total of 65 business plans were received from 25 universities of Pakistan out of which top 10 plans of seven universities were short-listed for the second phase. Panel of judges for the grand finale included Khurram Zafar (Executive Director, Centre for Entrepreneurship, LUMS), Muhammad Ashfaque (Deputy General Manager, SMEDA), Muhammad Asif (SMEDA), Irfan Siddque (UCP, Lahore) and Sakeena Alam (Askari Commercial Bank).
After the close contest, first prize was won by students of Karachi School for Business and Leadership, second by the students of Lahore College for Women University Lahore, while the third prize went to the student of Virtual University of Pakistan. University Rector Doctor Naveed A Malik then congratulated the winners and appreciated the efforts by the participants and the organisers, adding that the university would continue to arrange business competition plans to introduce the latest and innovative business techniques among students.