Deadline: 20-Nov-21
Applications are now open for the 11th Cohort of Incubation Program for Startups at the National Incubation Center (NIC).
The startup landscape has changed tremendously over the past 5 years, in terms of openness and receptivity for entrepreneurship, with young people leading the way forward. Pakistan has one of the world’s youngest populations, a trend seen continuing until at least 2050, according to the United Nations Development Programme and the NIC has strategically designed its offerings to cater to them.
To further the aspirations of the Pakistani youth, enabling them with the tools to build the future economy of Pakistan, in line with the vision for ‘Entrepreneurship Led Economic Growth’ in Pakistan.
Benefits
The NIC provides a range of FREE benefits for startups, including:
- One year access to their award-winning Islamabad based co-working space (virtual program also available)
- Mentorship from top experts in the areas relevant to you
- Custom-designed curriculum built for Pakistani Startups
- Invaluable opportunities to network and gain access to investments and grants
- Media, finance, UI/ UX, business, legal, HR and marketing support
- Access to free digital tools and credits courtesy @Jazz
Incubation Process
- Applications Accepted: Founders from across Pakistan are invited to apply during their incubation windows twice a year.
- Founder Interviews: Shortlisted candidates attend expert panel interviews. Interviews are held across the country.
- The Results: The NIC takes great care in considering which startups make it through.
- Your Incubation Begins: A range of trainings and facilities are provided to startups, along with rent free space to work at the NIC.
- Graduation Assessments: Key Performance Indicators (KPIs) ensure only startups that meet or exceed expectations graduate.
- Graduation: After a year of incubation you become a part of the NIC alumni network.
For more information, visit https://nicpakistan.pk/get-incubated/