What Support is Available for Tech Startups in Pakistan?
Pakistan is becoming a global hotspot for tech, is rising up the ranks because of contributions by government support, and is becoming a thriving business environment with a skilled workforce.
So as the market is thriving and ever growing with thanks to the tech boom, and the IT and Telecom sector growing at over 20% annually, recent stats show a massive 47% increase in Pakistan’ IT exports.
So, with all this elaborate growth going on in the tech sector, the question naturally arises, What support is available for tech startups in Pakistan?
For anyone wanting to venture out to launch their startup, firstly it’s important to understand that the tech scene in Pakistan, isn’t just due to sheer dumb luck for all the successful platforms.
There happens to be a whole support system for budding entrepreneurs with the government and private companies pitching to build up these tech setups.
Islamabad is the tech capital of Pakistan, and within this city there are numerous sorts of incubators and accelerators to help the startups take off.
Placees like National Incubation Center (NIC) Islamabad, Jazz xlr8 and The Founder Institute are all great platforms to connect aspiring tech entrepreneurs with mentors, office spaces as well as cash flow options!
The National Incubation Center Islamabad provides unparalleled support. Top ranked partners include Mass Challenge, and Founder Institute, as well as 40 industry giants. So what should you expect as an Incubatee? Joining NIC Islamabad means accessing a comprehensive support system designed to turn your vision into a thriving startup. It means taking it from just ideas to impact!
Joining NIC Islamabad means: More than 140 support partners, Over 150 Companies Onboard, World’s 3rd Best Accelerator Partner and PKR 5M Acceleration Grant.
Jazz xlr8’s mission is to discover and provide support to startups within Pakistan. It aims to help the businesses scale up and build an overall thriving ecosystem in Pakistan. Jazz xlr8’s has so far gotten $1M in Partner Benefits, has supported 25+ startups, have created 4700+ jobs and have had a total investment of 1.4B PKR.
About the author:
Aimen Rehman is a journalist who has written about various niches over the past 8 years. As long as there’s an interesting story in sight, her pen must write. She enjoys human interest stories and digging up details.
