NIC Karachi Launches Startup Acceleration Program

National Incubation Center Karachi has launched its first structured acceleration program in collaboration with Orbit Startups, a Singapore-based investor focused on emerging markets. This initiative aims to support ten high-potential startups over a three-month period through milestone-based grants of up to PKR 5 million, alongside expert training from Orbit’s global network.

Orbit Startups’ Managing General Partner,William Bao Bean, expressed confidence in Pakistan’s startup landscape, calling it one of the most overlooked markets globally — a perception he believes is about to change. He highlighted the country’s young, digital-first population and its ongoing tech-driven economic transformation as indicators of significant growth potential.

Ali Sohail Tabba, Chairperson of the NIC Karachi Governance Committee, stated that the program is designed for startups already demonstrating traction, with a product in the market and viable revenue models. Sectors like fintech, cybersecurity, agritech, climate tech, and logistics are especially encouraged to apply.

This accelerator marks NIC Karachi’s transition from a launchpad to a growth-focused institution aligned with national priorities. Startups will be evaluated through a milestone-based framework, with grant disbursements tied to measurable progress. The announcement follows NIC’s recent hosting of the Pakistan Investor Summit and the unveiling of the Pakistan Startup Fund and BridgeStart initiative, both key steps toward strengthening the country’s startup ecosystem.