The seventh edition of the Startup Cup Finale was held by the Indus Entrepreneurs (TiE) Islamabad in collaboration with the US Embassy in Islamabad. During the competition’s different stages, which included mentoring and business preparedness workshops, over 500 entrepreneurs competed. Scaryammi, Pakistan’s first mothering community application, takes home the first award of 1 million rupees from the final 15 entrepreneurs. MimAR, a building visualisation firm that provides interactive visualisation for the real estate industry, won the second prize of 750,000 rupees. MeraFuture, an Islamabad-based firm that provides artificial intelligence-based job counselling to pupils in grades 9 to 12, has received a rupees 500,000 grant.
Mobiliti from Lahore, Poulta from Islamabad, Moogle Studio from Peshawar, Kaachi from Karachi, and Edjin Robotics from Quetta are among the regional winners.
The Startup Cup is a local business model competition aimed at increasing the number and quality of Pakistani entrepreneurs. This year’s event aims to provide attendees with a one-of-a-kind virtual experience.
“Our primary purpose for this competition is to encourage and assist Pakistan’s entrepreneurial ecosystem,” stated TiE Islamabad President Murtaza Zaidi. “Through this competition, we hope to link budding entrepreneurs with established businesspeople and prominent members of the startup ecosystem so that they can get the expertise they need to succeed.
“It is wonderful to see the degree of innovation and entrepreneurial drive that the Startup Cup generates,” said Raymond Castillo, Minister Counselor for Public Affairs at the US Embassy. The United States has a long and proud tradition of assisting entrepreneurs, and we are ecstatic to be able to share our knowledge with Pakistan.”
“Initiatives like the Pakistan Startup Cup are incredibly vital for Pakistan,” Senator Sania Nishtar stated. With such a large number of young people in the country, it is critical that they learn entrepreneurial skills from TiE Islamabad, which will not only benefit them but also provide possibilities for others as their enterprises grow.”
Pakistan’s largest startup competition is the Startup Cup. TiE Islamabad, in collaboration with the US Embassy in Islamabad, has expanded the competition’s initial scope to include entrepreneurs from across the country, and has already aided the growth of over 2,500 firms.