The rise of this ‘creative collaboration’ in Pakistan is amplifying on a daily basis. Technical entrepreneurship in Pakistan is the new hype. The country has a significant number of graduates from engineering institutions each year who have mastered the skill of innovation but the only hindrance which stops them from converting these innovative ideas into sustainable business models is the lack of entrepreneurial skill set.
The Pakistani Horizon
Plan9 is an initiative by the Punjab Information Technology Board (PITB) which helps various start-ups through mentoring, networking and giving them proper feedback on their products throughout. It is Pakistan’s largest tech incubator and also works on a ‘zero-equity’ model. PlanX is an extended version of Plan9 which further helps mid-level start-ups to sustain themselves in the market.
Different universities have also set up their incubation centers where they help emerging technical entrepreneurs in getting on-track. NUST Technology Incubation Center and LUMS Center for Entrepreneurship are a few noteworthy. The edge that these incubators have is that they have aspiring engineers and entrepreneurs in their varsities that can then come together, pitch-in and integrate their skills and resources with some mentoring and connections provided by the centers. Some brilliant start-ups have emerged from these incubation centers such as Maro Tandoors, Traverse Pakistan, Cygnus Solution and many more.
Although there are various women who are employed in these tech incubators and are continuously involved in imparting necessary skill and guidance required to emerge as a successful technical entrepreneur with minimum risk but there are few women-led incubation centers too which are making a mark of their own. Invest to Innovate(i2i), led by Ms. Kulsoom Lakhani provides start-ups with the necessary skill required to enter the market and also connects them to potential investors. Another leading example is NEST I/O, a technology incubator led by the Software House Association (P@SHA) which is led by Ms. Jehan Ara.
Growth and Progress
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