Rizwan Buttar, Chief Innovation Officer at Zauq Group, has invested $150,000 in Imran Jattala as an angel investor. Innovators Garage (IG) is an Innovation Consulting firm that connects industry, academia, and government, with the goal of making Pakistan a top-50 innovative nation with a $500 billion innovation economy by 2030.
Because they share the same objective of making Pakistan an innovative nation, Innovators Garage and Zauq Group have a long history of strategic relationship. For many years, Imran Jattala and Rizwan Buttar have collaborated on various innovation endeavours, including their upcoming book “How to Innovate Fast.” Imran Jattala has joined the Zauq Group as part of the deal.
The Zauq Group is a dynamic and varied corporate conglomerate with a diverse portfolio of Innovation, R&D, and Digital Transformation projects throughout Southeast Asia, the European Union, and the Middle East and North Africa. Innovators Garage will be able to scale across Pakistan thanks to a strategic agreement with Zauq Group. Through its existing industrial customer base in a variety of industries, including healthcare, pharmaceuticals, textiles, and food and agriculture, Zauq Group will bring cross-industry collaborations to Innovators Garage.
By bridging the research and commercialization divide, Innovators Garage (IG) is transforming Academia into Innovation Hubs. Innovators Garage is on a quest to make Pakistan a $500 billion innovation economy by 2030.
The global innovation management market is expected to reach $3.5 billion by 2027, with a CAGR of 26.2 percent from 2020 to 2027. Following an early assessment of the commercial ramifications of the COVID-19 pandemic and the resulting economic crisis, the services segment’s growth is revised to a revised 27.1 percent CAGR over the next seven years.
“Pakistan has 114 million people under the age of 25, and we need to produce 1.3 million jobs every year,” Mr Rizwan Buttar said. The Quad Helix paradigm of innovation is being implemented at the InnoNation corporate studio. Let’s Collaborate to Accelerate, Pakistani diasporas from all over the world. We are attempting to drive Pakistan’s shift to an innovation economy by providing a platform for collaboration.
Mr. Imran Jattala stated, “Pakistan is the fifth largest nation in the world, with 220 million people.” Our aim at Innovators Garage (IG) and Zauq Group is to “make Pakistan an emergent Startup Hub, to establish a $500 billion innovation economy, and to make Pakistan a Top-50 Innovative Nation.”
Source: thewallet.com
