LMKT, an award-winning full-service technology company based out of Islamabad, along with its partners is pleased to announce that National Incubation Center Karachi is ready to start its operations in May.<\/p>\n
LMKT is setting up the NIC Karachi in partnership with the NED University, HBL, PTCL, PPAF, Founder Institute and i2i, with funding from Ignite (formerly National ICT R&D Fund). The Incubator will provide talented entrepreneurs and promising startups from the Sindh region quality incubation programs; access to mentor and investor networks; and technical resources.<\/p>\n
NIC Karachi will focus its resources on identifying and nurturing promising startups by running various programs that will range from two-day boot camps to year-long acceleration programs. This includes the center\u2019s SPARK Accelerator program, which will look to digital transformation in thirteen areas of focus including Fintech, real estate, commerce, cyber security and robotics.<\/p>\n
NIC Karachi, which aims to incubate over 200 next-gen businesses in the first 5 years, intends to empower aspiring Sindh-based entrepreneurs to create high growth and sustainable businesses.<\/p>\n
\u201cAs a major port city and one of the largest metropolises in the world, Karachi is a magnet for the country\u2019s innovative young minds,\u201d said President LMKT Shabana Khan. \u201cPrograms that support youth-led innovation are essential because they not only benefits our future generation but they moves us forward as a nation.\u201d<\/p>\n
\u201cNIC Karachi aims to tap into the innovative spirit of the region by helping young minds create newer, disruptive solutions that can positively impact businesses by addressing their future challenges, today,\u201d said Shahjahan Chaudhary, Project Director, NIC Karachi.\u00a0 \u201cOur in-house innovation platforms such as Makers Labs, Innovation Labs, Design Lab and Fintech Lab will foster a unique partnership between world class enterprises and promising start-ups.”<\/p>\n
After NIC Peshawar, NIC Karachi is LMKT\u2019s second outing into the national incubation arena, where the company has proven its metal due to its long history of investing in promising startups and mentoring talented entrepreneurs. Along with other facilities, incubatees at NIC Karachi will have access to a design studio, NED University\u2019s Makers\u2019 Lab and a Fintech center, a result of HBL\u2019s collaboration on the project.<\/p>\n","protected":false},"excerpt":{"rendered":"
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