The Government of Pakistan has a vision of accelerated digitization and transformation towards a knowledge based economy to spur economic growth through innovation and entrepreneurship. Keeping in mind the critical role played by startups in economic growth, job creation, financial inclusion, reducing the income divide, and building a knowledge economy, Ignite under the auspices of Ministry of IT & Telecom, launched a program to build a network of National Incubation Centers (NIC). IGNITE has successfully established five (05) incubation centers in federal capital and all provincial capitals of the country. Network of five(05) NICs has been established in Islamabad, Lahore, Peshawar, Karachi & Quetta. However more than six hundred and ninety (690+) startups have been inducted. Startups have been provided mentorship and networking by leading entrepreneurs, corporate chieftains, top professionals, investors and global entrepreneurial organizations through numerous events and meet-ups. Other facilities includes rent free office space, high speed broadband Internet, makers lab, usability labs, Fintech Lab, Design Thinking Lab etc. These centers also offer curriculum that teaches pitching and learning by doing. Legal assistance, coaches, vertical mentors, financial experts and trainers are also available to nurture startups.
https://ignite.org.pk/nic/
Ongoing
2017
Not set
The project can be replicated in other cities of the Pakistan.
Network of five incubation centers has been launched to bring a digital revolution in Pakistan. This provides young entrepreneurs an opportunity to excel their business ambitions that are ready to make their mark on the world economy.
Ignite - National Technology Fund, Ministry of IT & Telecom (Ignite, MoITT)
Pakistan — Government
https://www.ignite.org.pk/
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