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National Incubation Center (or NIC), is a Pakistan-based startup incubation program under a public-private partnership with the Ministry of Information Technology and Telecommunication (MoTT), and other entities in Pakistan including the Ignite National Technology Fund.
Startup ecosystems generally encompass the network of interactions between people, organizations, and their environment. Any particular start-up ecosystem [9] is defined by its collection of specific cities or online communities. In addition, resources like skills, time, and money are also essential components of a start-up ecosystem.
Pakistan's communication system is also reliable. This has now fully graduated into the email, Internet and IT culture perse. The country is fast exploring the brave new world of information technology and keenly assimilating the requirements of e-government and e-commerce. Information technology has opened a new business frontier for Pakistan.
Airlift introduced an online grocery service in Pakistan with the name of "Airlift Express" bringing $10 Million foreign investment. [8] Later in 2021, Airlift secured 85 million USD funding in Series B financing which was the largest raised by a startup in Pakistan, Middle East, and North Africa. The round was co-led by Buckley Ventures and 20 ...
Download as PDF; Printable version; In other projects ... In other projects ... is a list of notable domestic and international non-governmental organizations ...
Unlike many business assistance programs, business incubators do not serve any and all companies. Entrepreneurs who wish to enter a business incubation program must apply for admission. Acceptance criteria vary from program to program, but in general only those with feasible business ideas and a workable business plan are admitted. [19]
During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion. [11] For further information on the types of business entities in this country and their abbreviations, see "Business entities in Pakistan".
SMEDA is not only an SME policy-advisory body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas. Its main objective is to formulate Policy to encourage the growth of SMEs in the country and to advise the Government on fiscal and monetary issues related to SMEs.