Take the less trodden path, PM Imran tells youth at digital startups confab

Fear of failure makes people cowardly, premier says at National Incubation Centre’s ceremony

KARACHI:
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Prime Minister Imran Khan has advised the youth not to shy away from taking the less travelled path because those who take bigger challenges become more successful in life.

“People become successful only after getting through testing times … those who dare to burn bridges and learn from past experiences come out dominating the world,” he said while addressing a ceremony of demonstration by National Incubation Centre Startups under Ignite in Islamabad on Wednesday.

The PTI government has outlined a vision of accelerated digitisation and transformation of Pakistan into a knowledge-based economy to spur economic growth through innovation and entrepreneurship.

Pakistan may be the next big Asian market for tech startups: report

Keeping in view the critical role played by startups in economic growth, job creation, financial inclusion, reducing the income divide, and building a knowledge economy, Ignite, under the auspices of Ministry of IT and Telecom, launched a program to build a network of National Incubation Centers in the federal capital and all provincial capitals.



Imran, the former cricket legend in today's address, stressed that the fear of failure makes people weaker and cowardly. “Those who fear have never done anything praiseworthy … only modern thinking and free mind carve out new paths,” he added.

“People try to belittle Imran Khan on television [news shows] every day, but nobody except Allah has the power to degrade any person and only He provides livelihood to all,” he remarked.


The prime minister said people approach him seeking government jobs for a secure career with pension. “But, this is how they kill their potential … your life ends without struggle … success only kisses your feet when you accept challenges in life.”



Prime Minister Imran has recently launched the ‘Digital Pakistan’ initiative aimed at introducing modern technology for public welfare.

The key objective of startups program is to facilitate talented entrepreneurs and provide them all necessary support for transformation of their innovative ideas into a sustainable business.

National Incubation Centers facilitate and provide all key support required by startups to succeed including mentorship and networking by leading entrepreneurs, top professionals, investors and meet-ups.

Technological progress: On path to digital transformation

Under the Ministry of IT & Telecommunication, 10 best startups were shortlisted for demonstration to the prime minister today to showcase the Pakistani technology entrepreneurial talent, highlight the impact and achievement of Government funded National Incubation Centers, discuss the key issues and problems of Pakistani entrepreneurial ecosystem, and highlight the challenges faced by Pakistani startups for development of Startup friendly policies aimed at bridging the gap between Pakistani ecosystem and global world best ecosystems including Silicon Valley, Europe, South East Asia for sharing of resources, best practices, knowledge and expertise through the development of effective Public Policies for growth, establishment of National Incubation Centers in second tiers cities, establishment of Vertical Specialty Incubation Centers/Innovation Centers and establishment of local VC Funds, said an official statement.

International experts believe that Pakistan may be the next big Asian market for tech startups according to a report published by Germany’s Deutsche Welle.

The report posits that there is growing interest in tech among Pakistan’s young population where the increasing level of local capital being employed in the economy is creating more opportunities for tech entrepreneurs.
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