We are full of energetic youth and entrepreneurs. We have a lot of successful startups too in our country who are helping to transform our lives in a perfect manner. But these all aren’t enough to compete at international level, we are in need of complete setup and resources who can nurture more and more startups and entrepreneurs to compete at international level and also be helpful to support our country’s developments.
Let’s talk about National Incubation Center Karachi. They have already centres at Islamabad, Lahore and Peshawar, those are doing a great job at their centres. Now they are expanding their reach to one of biggest hub of Pakistan, Karachi will be going to avail these great resources in this year. There will be a soft launch happening in this month on 23rd of the April and the centre will be in full working condition soon. More about National Incubation Centre Karachi.
Its a partnership of Ministry of IT & Telecom,LMKT, HBL, PTCL, PPAF, Founder Institute, i2i.
These companies are working with NIC to drive economic growth through innovation in information and communication technology (ICT).
LMKT received the contract to build NIC KARACHI the second time after building NIC peshawar successfully.
NIC Karachi aims to provide a go-to solution for future businesses and promotes social consciousness and it will become an integral part of 100s and 1000s of startups in coming years. The team at LMKT will be leading the design and execution of the incubator. The grant from IGNITE Fund will provide the capital expenditure and operational costs of the NIC for 5 years during which NIC is expected to incubate and accelerate 200 tech startups.
The general goals aimed at by the NIC Karachi are as follows:
Develop strategies and procedures at local, national and international levels for development and the growth of young businesses.
Identify, adapt and test the methodologies and tools for business’ development to uncover winning strategies in the city in a practical context.
Contribute to more training, awareness building and capacity building of institutions, industry and entrepreneurs at the national and local levels.
Promote a more entrepreneurial culture and use local resources at the national, regional and local levels towards contributing to the development of a thriving innovation ecosystem and to enable startups.
to succeed by running educational programs, events and conferences, and partnerships with corporations and government as well as partners around the world.
Create the conditions that ensure there is a continuation of these activities at scale.