On 19th May 2023, in Islamabad, S&P Global signed a Memorandum of Understanding (MoU) with Team Up Pakistan. The initiative aims to establish a sustainable, and mutually beneficial collaboration to provide employment to the youth and help facilitate, train, and upskill young and upcoming entrepreneurs in Pakistan.

Mujeeb Zahur, Managing Director at S&P Global said, “Partnership is a core pillar of our values and this MoU is a great example of working collaboratively with communities we operate in. We are certain this partnership will lead to many joint initiatives that produce new synergies, add strategic insights for upskilling talent, and will ultimately foster economic growth and development in Pakistan. This is aligned with our people-first strategy and vision to power markets around the world.” 

According to the agreement, S&P Global Pakistan will assist and upskill students and entrepreneurs that are a part of Team Up’s Career Launch Pad program. The National Incubation Centre is where Team Up is located. The Ministry of IT and Telecom, which oversees this Centre, uses Jazz and Teamup to support and cultivate talent throughout Pakistan.

Zouhair Khaliq, Co-Founder of Teamup said, “I am thrilled to announce our collaboration with S&P Global as it is a powerful combination that will unlock the potential of entrepreneurship and innovation. With their shared vision and expertise, we will pave the way for a brighter future of economic growth and development. This partnership is a testament to our commitment to nurture the next generation of entrepreneurs and provide them with the resources and support they need to succeed.” 

Parvez Abbasi, Project Director of the National Incubation Center, also expressed excitement over the partnership, saying, “We are thrilled to witness this partnership between Teamup and S&P Pakistan. This collaboration will not only provide our students with access to valuable resources and opportunities but also help us further our mission of promoting innovation and entrepreneurship in our community. We believe that by working together, we can make a positive impact on the future of our economy and create lasting value for all stakeholders involved.” 

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