National Incubation Center (NIC) Islamabad, launched under the public-private partnership of Ministry of Information Technology and Telecom (MOITT), Ignite (formerly National ICT R & D Fund), Jazz and Teamup.
NIC will start accepting applications for its 3rd Cohort. To apply to this incubation program in Pakistan Startups are encouraged from across the country.
The National Incubation Center is home to over forty startups is providing them with a world-class facility, mentorship, incubation, and acceleration programs.
FbStart by Facebook, Hult Prize, Invest2Innovate, Acumen Fund, Katapult Accelerator and IBM are working with NIC as international and local partners to drive economic growth through innovation in information and communication technology (ICT).
Startups from all genres including; biotech, fintech, IoT, are encouraged to apply for the program. Program is of 12-months. The program will focus on actionable training to mentor startups by experts and thought leaders from across industries. The advanced facility of its kind nurtures innovation, growth through one on one mentor sessions, tech talks. It also allows startups to connect with industry veterans. The National Incubation program also provides startups with access to grants, VC network, and digital payment solutions.
NIC go through a rigorous evaluation process of applied startups. While selection will on the criteria defined by the NIC panel.
Startups are encouraged to participate in local and are highlighted in international events. Some of the existing startups i.e. Manhunt, Lets Innovate, Mapalytics and Anzen at the NIC made their mark and showcased their products at the 4FYN held in Barcelona this year.
The Jazz xlr8 program has been instrumental in laying the foundation for a sustainable technology ecosystem, and in providing resources and expertise to help young entrepreneurs fulfill their potential. Jazz xlr8 works in-line with Vimpelcom’s ‘Make Your Mark’ initiative, which aims to help shape the future generation through exposure and seed funds.
NIC is also hosting a Jazz XlR8 program that will provide access to the Jazz user base, a global network of mentors, and its digital platforms.
Zouhair Khaliq, Co-founder, Teamup, and a Mentor at the NIC said that year2017 have witnessed the launch of the first-ever NIC, first public-private partnership, to mentor talented young entrepreneurs to become a part of the entrepreneurial ecosystem. Now we are inviting applications for our third cohort, we are encouraging all the young budding entrepreneurs to spark creativity in innovation and become the reason for the change they believe in.