Govt. to Setup National Incubation Center in Quetta

Teamup is building a strong eco-system for nurturing innovation for Startups in Pakistan. According to the news, Government plans to setup National Incubation Center in Quetta.

NIC has already been launched in the large cities like Islamabad, Karachi, Lahore and Peshawar. The NIC Karachi has also won the award.

National ICT R&D fund is now open for suggestions and registrations from qualified and licensed legal entities to help support NIC program in Quetta. The Incubation center in Quetta will be managed by these legal entities.

The legal entities are required to apply against RFP. The major requirements are that these entities should be:

1. On Active Taxpayers List of FBR,
2. Have sound financial backing,
3. Should have professional management team,
4. Have relevant experience in ICT sector.

The government aims Pakistan to become a Digital Country. This is the reason they are establishing these NICs. The NIC in Quetta would be run on the funds from National ICT R&D Fund.

It would work just like the incubation center at Islamabad.

Kindly note that you can download all the required documents that possess the relevant information by clicking here.

Thursday, 24th August, 2017, is the due date to submit your application.

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From 08^th of December, 2016 The National Incubation is open for applications from willing participants from all over Pakistan. The applications are for first round of incubation program. Submit your application now and become a part of NIC’s first cohort! The deadline for applications is 25th December 2016.

This program is perhaps the largest of incubation events ever held in Pakistan. This is launched by association of Ministry of Information Technology and Telecom (MOITT), National ICT R&D Fund, Jazz and Teamup.
It aims to provide all startups with a free of cost workspace, incubation, acceleration – Jazz xlr8 program – seed funding and access to 50 million plus mobile customers. The Center will also give entrepreneurs access to industry leaders and world-class mentors, who will help startups realize their full potential.

If summarized it can be said that program aims to provide experience and resources for effective working.

Minister of State for Information Technology and Telecommunication Ms. Anusha Rahman said,

“The National Incubation Center will provide state-of-the-art infrastructure and facilities to foster economic growth through innovation and wealth creation. Through this initiative, we hope to encourage an ecosystem of indigenous product development in the arena of ICTs. This initiative is in pursuance with Vision of the Government of Pakistan, which endeavors to encourage entrepreneurship-led­ growth. These tech start-ups will help us as a nation better embrace the innovation-centric knowledge economy.”

The CEO of The National ICT R&D Fund and the Chairman of Pakistan Telecommunication Authority, Dr. Syed Ismail Shah also said,

“National ICT R&D Fund is committed to bring about a technology revolution in Pakistan by motivating both academia and industry to perform research and develop state-of-the-art technologies and software. National Incubation Center will provide an innovative system designed to assist entrepreneurs and inventors in the development of new technology-based firms. It will effectively link talent, technology, capital and skill in order to accelerate the development of new businesses and thereby help the commercialization of technology.’’

Jazz and Vimapelcom are together aiming to help in shaping the future generation through exposure and seed funds. Vimpelcom’s ‘Make Your Mark’
and Jazz’s Jazz xlr8 are taking initiative ignite entrepreneurship among students and tech-savvy young minds.

The CEO of Mobilink and Warid Pakistan, Aamir Ibrahim also expressed his views regarding this. He said,

“Jazz xlr8 provides a launching pad for young entrepreneurs to test and market their ideas into the broader economy. The National Incubation Center with its Jazz xlr8 program provides a great opportunity to Pakistan’s budding entrepreneur community to let the world know about their immense potential, and how they can use this potential to bring a positive change in the society.”

The service delivery partner for this project is Teamup. It is going to be responsible for the management of the National Incubation Center.

The Co-Founder of Teamup,
Zouhair Khaliq added,

“In Pakistan, where an overwhelming percentage of the population is below 25 years of age, the potential of these young people to influence the future of our country, the region and the world is huge! For any country to develop and eradicate poverty, deprivation, and disenchantment, we need businesses and entrepreneurs to influence economic growth and provide the bedrock of a stable, growing economy. The National Incubation Center will help entrepreneurs to create groundbreaking technologies and businesses which will dramatically change the future and make a difference in people’s lives.”

For more information just click the link provided > http://­nicpakistan.pk/

This will surely take business to a whole new level.

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