The National Incubator Center (NIC) at Karachi has the aim to incubate over 200 next-gen businesses in the first 5 years and intends to empower aspiring entrepreneurs to create high growth and sustainable tech and tech-enabled businesses.
Among one of the LMKT-led consortium that operates NIC Karachi is the Pakistan Telecommunication Company Limited (PTCL) who has been supporting the youth in terms of giving them opportunities and developing their talents for the future of Pakistan.
Recently it has been reported that PTCL has pledged to support the top startups that are incubated at NIC Karachi. The decision came when a delegation of PTCL’s higher management visited NIC Karachi at the NED University.
Dr. Daniel Ritz, President and CEO PTCL, and Moqeem ul Haque, Chief Commercial Officer, PTCL, Saad Muzaffar Waraich, Chief Technology & Information Officer, PTCL and Sikandar Naqi, Chief Business Development Officer, along with senior executives of PTCL led a session during their visit. Murtaza Zaidi, Director, NIC Peshawar along with top startups and entrepreneurs also participated in the session.
Happy Lives, BOGO, Base H, Edvon, The Learning Pitch, Social Junction, Janbaaz, Bioniks, Pixcile, Med works, Health Rahbar, Pop up Learning and Diversity presented their business ideas to the PTCL’s management. Furthermore, during the session, various ideas for further collaboration using PTCL’s infrastructure and network were discussed to assist startups.
Dr. Daniel Ritz, President & CEO, PTCL speaking on the occasion said, “The immense potential displayed by youth at NIC Karachi is truly remarkable and makes us feel proud of the talent pool in the country. PTCL has always been committed to support the country’s growing startup sector, as we believe that entrepreneurs bring innovation and technological advancement. These local startups will prove to be the key players in taking Pakistan to the next level of economic growth and prosperity.”
Shahjahan Chaudhary, Project Director, NIC Karachi speaking on the support provided by PTCL said, “Support from reputed corporations like PTCL not only provides motivation for emerging entrepreneurs, but it also gives a boost to the entire startup ecosystem in Pakistan. We are excited about the possibilities this collaboration will bring opening avenues of growth for these talented youngsters.”
