has been ranked as fast Growing Country for Startups
. With number of Globally inspired entrepreneurs multiplying with their lasting and innovative Ideas
, the need of Nurturing , training and seed funding
providers namely Incubators and Accelerators is strongly felt .
Keeping in view the growing and upward trend in Startup Business Government of Punjab Started a state of Art Incubation center in form of Plan 9 powered by Punjab Information Tech Board .Besides this , many Business Management Institutes are establishing their own incubation centers to empower the Business Graduates and turning them into Entrepreneurs to run their own ideas .
With growing access to broadband ,3G/4G Subscribers and flooding Mobile Phone Users , it is estimated that the need for Startup Incubators will grow further provided that Entrepreneurs choices for applying to Incubation services increases . The Following top five Startup incubators are work mentioning which are really transforming the Startups of Pakistan into established Organization with cutting edge tech Support , Global mentoring and providing congenial environment for business growth .
1. Plan 9 : Plan 9 from Punjab Information technology Board is the biggest Government owned Incubators which is doing wonders ever since its official launch . They are providing mentoring , Office space , Consultancy to improve Ideas , Help in regulation matters and seed funding for the startup . Plan9 has the privilege of being the biggest Startup incubator in Public Sector . Some of the Start Startups incubatees are : Magision , Mavenzo , Capital Stake , Club Internet ,Appography and Tourplanner.pk. Plan 9 specializes in Tech Startups .
2. The Foundation Incubator (LCE ,LUMS) : The Foundation Incubator is yet an other Business Management Institute Initiative . It is being run by LUMS Center for Entrepreneurship has been contributing a lot in fostering Young Business Graduates with Entrepreneurship Insight and initiatives . The Current Incubated Startups include Interrata , Cognitica ,interacta , biz clout , savaree and Playbolt . The Foundation incubator from LUMS Centre for Entrepreneurship is contributing a lot in shaping the future of Startups and Entrepreneurs .
3.Plan X : The Plan X is yet an other initiative from Punjab Information Technology Board to help incubate mid Stage Startups and empower and quip them to the Success path . Plan X is also contributing in bringing in innovative Startups Ideas ,providing great work environment , Providing Tech Support ,Mentoring and Networking with the Angel Investors . Some of the Notable Startups in portfolio Plan X include : Xgear , Bookme.Pk , Baby Planet and Travly .The Credit goes to Punjab IT board for helping young Entrepreneurs with Tools and Support to do wonders in the field of Entrepreneurship .
4.Invest2Innovate (i2i) : Invest 2Innovate is yet an other Startup Incubator and accelerator with great Support and Mentoring help . i2i supports the Early stage Startups , trains them connects them with Agnegl Investors and provides them with required Tools and Knowledge to steer the Startup in a professional manner . They take young entrepreneurs for 4 Month training and groom them as CEO’s to run their Startups successfully . Some of the i2i Portfolio Startups include centericity, 3Restart ,Bliss ,Dheere Bolo ,Blue Sain and Meri Taaleem.
5.CED IBA : Centre for Entrepreneurial Development from institute of Business Administration Karachi in collaboration with Aman Foundation is yet an other Incubation center for Young Business graduates with Entrepreneurial instinct . CED nurtures , trains the Entrepreneurs with tools and techniques to pitch their Startups with rocking appearance . The are redefining the frontier and the goals with professional trainers , Ideal business related People and world Class environment with every Tech Support . IBA’s CED also offers the Courses and Degrees in Entrepreneurship for both male and Female . Some of the leading incubatees include : Stallion Deliveries ,LOL ,Fakat , Scoops and Loops and Ahdaas .
These are the top five Startup Business Incubators and Accelerators which are really helping the budding Entrepreneurs from Pakistan to become familiar with Startup Structure and luanch their startups as Professional incubatees to make their mark and be counted in world’s biggest Startup Magazines such as Forbes.com , Entrepreneur.com and Inc.com.