NIC Karachi held a ceremony in which 19 high growth startups incubated under 2nd and 3rd cohort made the graduation walk. Over the course of their incubation, these startups took part in various training programs and activities to nurture as businesses besides networking with potential investors and industry experts of both public and private sector. Syed Amin Ul Haque, Federal Minister for IT and Telecom gracing the event as chief guest applauded the graduating founders for choosing the entrepreneurial path for a better tomorrow. He said, the cultural shift... Read More.
Uber Pitch 2019, a nationwide competition to enable budding entrepreneurs, has come to a close for the year with the announcement of MimAR as the national winner. The winning startup MimAR was chosen from a large pool of contestants across Pakistan. Five startups came out on top for the in-car finale to pitch their ideas to industry leaders Saad Naveed Pall, GM Uber, Yusuf Hussain, CEO Ignite and Misbah Naqvi, Managing Partner i2i Ventures. The panel of judges met each startup in-car and rated them on their journey. ... Read More.
Jazz, Pakistan’s leading digital communications company, has set up a state-of-the-art usability testing lab called ‘Jazz xlr8 Xperience Hub’ (Xperience Hub) at the National Incubation Center (NIC). The first of its kind facility is a testament to the fact that Jazz always has its 60 million+ customers as its focus. The lab allows for in-depth usability studies and marketing communications testing to enhance the customer experience of products & services. “As digital leaders, we do more than just run a viable business. This lab is proof of Jazz’s customer-first... Read More.
Over 1500 founders, thought leaders and ecosystem enablers came together for the Startup Grind Pakistan Conference, the first-of-its-kind gathering in Pakistan based around stimulating conversations about technology and its role in innovation for Pakistan. Globally successful Pakistani entrepreneurs, innovators and technologists participated in the conference to tell their stories, inspire young entrepreneurs and share how Pakistan as a country can emulate their achievements. The current size of the IT industry of Pakistan is an estimated $2.6 billion, with its contribution to the GDP being 1.4%. Pakistan has the talent and... Read More.
Prime Minister’s Youth Affairs Programme has launched the ‘Kamyab Jawan Programme’ for the socioeconomic development of the youth in the progress of the country. According to an official, under the program, a vast array of projects and initiatives would be undertaken in education, skill training, entrepreneurship, and civic engagement for the country’s youth. These initiatives would focus on ‘3Es’: education, employment and engagement, while implementing six flagship programs. Under the six flagship programs, the first will be ‘Youth Entrepreneurship Scheme’ as per which subsidised business loans would... Read More.
The International Finance Corporation (IFC) will invest $2.5 million in Sarmayacar, one of the first early-stage venture capital funds supporting tech-driven startups in Pakistan, to help boost entrepreneurship and spur economic growth. The IFC supports startups that provide innovative solutions to development problems and create quality jobs. The remaining $500,000 is from the Women Entrepreneurship Finance Initiative (We-Fi), a partnership among governments, multilateral development banks and other public and private sector stakeholders, hosted by the World Bank Group. We-Fi supports women entrepreneurs in developing countries by building their... Read More.
Uber, the global ride-hailing giant connecting riders to drivers, has announced the launch of UberPITCH 2019, a nationwide competition aimed at enabling budding entrepreneurs. The contest gives tech startups a platform to pitch their ideas to some of Pakistan’s most prominent tech giants. The announcement was made at a networking event attended by thought leaders and entrepreneurs committed to boosting tech innovation in Pakistan. The UberPITCH contest, powered by Ignite in collaboration with the National Incubation Centers (NICs), is aimed at giving young entrepreneurs an opportunity to be guided... Read More.
PTCL is proud to support the startups incubated at National Incubation Center (NIC), Karachi at a special graduation ceremony for their first cohort of startups at its facility in NED University, Karachi. The ceremony was attended by Syed Shahzad Shah, Executive Vice President, Marketing & Communication, PTCL, Fariha Tahir Shah, GM Corporate Communication, PTCL, Atif Rais Khan, Chief Executive Officer, LMKT, Shabahat Ali Shah, Executive Director National Information Technology Board (NITB), Shahjahan Chaudhry, Project Director, NIC Karachi, along with tech entrepreneurs, business leaders, professionals and students. The 17 graduating... Read More.
GuarantCo, a part of the Private Infrastructure Development Group (‘PIDG’),has pledged to grant USD 80,000 as financial support to DeafTawk. A local startup incubated at the National Incubation Center (NIC) under the Jazz xlr8 incubation and accelerator programme, DeafTawk aims to provide online sign language services to empower people with hearing impairments. Luke Foley, TAF Manager at PIDG and Angela Silva, Grants & Compliance Manager at GuarantCo, officially announced the grant at a ceremony in the presence of the Federal Minister for Human Rights Dr Shireen Mazari, representatives from Jazz,... Read More.
Today in Islamabad, a private-sector initiative of companies led by the Solar Quality Foundation (SQF) with collaboration and support of the Alternative Energy Development Board (AEDB) officially presented and put into operation a new instrument for quality assurance in the installation of Solar PV systems in the country. The Pakistani Solar Quality Passport (SQP) was launched in a festive ceremony with around 80 high-ranking guests from business, public sector and civil society today. Solar companies who are committed to quality can now participate in the scheme at www.solarqualitypassport.pk. Only... Read More.
Abu Dhabi will commit up to 1 billion dirhams ($272 million) to support technology start-ups, it said on Sunday, in a dedicated hub as part of efforts to diversify its economy. The capital of the United Arab Emirates is investing billions of dollars in industry, tourism and infrastructure to reduce its reliance on oil revenue. Abu Dhabi derives about 50 per cent of its real gross domestic product and about 90 percent of central government revenue from the hydrocarbon sector, according to ratings agency S&P. The... Read More.
At NIC Peshawar, there’s a culture of innovation, entrepreneurship and engagement. Each day consists of identifying problems within the country, and what young entrepreneurs can do to create a solution, execute it and bring it into the local market. Mr. Jahanzeb Taj, Chief Business Operating Officer (CBOO) at PTCL, visited NIC Peshawar to meet the team and the startup community there. He, not only appreciated the efforts of the entire team, but shared his corporate experiences and gave valuable insights regarding commercial strategies and global trends for their startups. ... Read More.
Opera previously offered a free VPN app for Android and iOS, but that project was closed last year. The new strategy, it seems, was to bake that technology directly into the browser to give it a more competitive advantage and use the tech to bring more users into the Opera ecosystem. There’s no word on an iOS launch. The company announced today that its Android browser app will begin offering a free VPN. The feature will be rolled out to beta users on a gradual basis. The VPN is free... Read More.
GrokStyle started as a paper — as AI companies often do these days — at 2015’s SIGGRAPH. A National Science Foundation grant got the ball rolling on the actual company, and in 2017 founders Kavita Bala and Sean Bell raised $2 million to grow it. The basic idea is simple: matching a piece of furniture (or a light fixture, or any of a variety of product types) in an image to visually similar ones in stock at stores. Of course, sometimes the simplest ideas are the most difficult to execute.... Read More.
The web browser titled ‘SalamWeb’ is a mobile and desktop browser which designed to deliver a friendly web experience for Muslims. The app includes messaging, news and other features. According to Hasni Zarina Mohamed Khan, the managing director at Salam Web, the app is mainly being used in Malaysia and Indonesia. “We want to make the internet a better place,” Hasni Zarina said. “We know the internet has the good and the bad, so SalamWeb offers you a tool to create this window that lets you go to the internet... Read More.