Innovation conference “Business and education: Challenges and opportunities” was held at “Haxhi Zeka” University in Peja. There were numerous participants in this conference, from various institutions, both local and international. The conference was divided into four sessions. The topic of the first session was “The Information Age: Economy, Society and Culture”. The topic of the second session was “Gender differences of entrepreneurial challenges”. The topic of third session was “Enhancing student readiness for labour market”, and the fourth session was a review of the entire conference. At all sessions, the panelists discussed the above topics but other attendees had the opportunity to ask questions and comments. The purpose of this conference was to bring together key stakeholders from the Kosovo business community and the Higher Education sector, to discuss challenges and opportunities in both sectors: changing and expanding the HEI’s mission in exploring new approaches for approaching labor market needs and addressing existing quality and skills mismatches, and promoting international and national student employment internships.