Government plans to set up incubation centre in Quetta

Published: July 15, 2017


ISLAMABAD: The government has planned to set up a National Incubation Centre (NIC) in Quetta with the aim of promoting entrepreneurship in Pakistan, sources told APP on Friday.

Close to 700 start-ups are currently functioning in Pakistan; entrepreneurial activity is in full swing with the launch of multiple incubators, accelerators and investment funds, they added.

The young and the restless — meet the Pakistani millennials

Quetta also serves as a trade and communication centre between Afghanistan and Pakistan so it can be expected that the majority of locals already have business know-how.

The NIC Quetta will provide locals proper facilities, mentorship and funding opportunities to implement their ideas, said the sources.

This incubation centre is not the first of its kind as Ignite has already launched one in Islamabad, while centres in Karachi, Peshawar and Lahore are under development.

Ignite, formerly known as National ICT R&D Fund Company, has been actively promoting research, development, and innovation activities with the long-term goal of strengthening Pakistan’s economy.

Just recently, they announced the launch of DigiSkills, a programme to train one million youth with relevant skills, which would allow them to earn a respectable livelihood as freelancers.

This hyperlocal social network for millennials aims to one-up on Facebook

Earlier this year, they also launched an initiative to provide entrepreneurship training to 500 women across Pakistan.

Published in The Express Tribune, July 15th, 2017.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

Facebook Conversations

Reader Comments (1)

  • Jim
    Jul 15, 2017 - 5:58PM

    These incubation centers (mainly Plan9) should stop focusing on publicity and self-promotion of individuals on the government’s expense.

    The selection process should target people with technical skills, and incentivize them to deliver great products according to the lean methodology.

    There is no point amassing terrible startups with non-technical founders who build solutions nobody cares about.Recommend

More in Business