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PSEB in collaboration with the National ICT R&D Fund Co. has launched program titled “PSEB's incubator program”. Business incubators programs are designed to accelerate the successful development of entrepreneurial companies through an array of business support resources and services, developed and orchestrated by incubator management and offered both in the incubator and through its network of contacts. Incubators vary in the way they deliver their services, in their organizational structure, and in the types of clients they serve. Successful completion of a business incubation program increases the likelihood that a startup company will stay in business for the long term.
The goal of the PSEB is to bring the greatest possible range of assistance and resources to technology-based companies at the earliest stage in their growth. A typical entering business may be pre-market, pre-money, pre-employee. On their own, such companies are too small to establish strong relationships with banks, angels, venture capitalists, business consultants or other business development resources. The PSEB community makes entrepreneurs part of something larger without sacrificing their independence, giving them access to all of these resources and providing flexible work space under terms that are designed to minimize cash flow pressures and facilitate rapid growth.
The key objectives of the project are:
1.Creating jobs and wealth
2.Fostering a community's entrepreneurial climate
4.Diversifying local economies
5.Building or accelerating growth of local industry clusters
6.Business creation and retention
8.Identifying potential spin-in or spin-out business opportunities
Recent graduates or students of HEC recognized local universities, working on their final year projects are hereby invited to enroll for the program by submitting on-line application. Practicing IT professionals are also eligible to apply but the quota for the practicing IT professional would be 25%.
How to Apply
1) Criteria for proposal selection
2) Criteria for selection of advisors and their roles and responsibilities
3) What PSEB is offering to incubators
4) Governance structure and its roles and responsibilities
Pakistan Software Export Board (G) Limited
2nd Floor, Evacuee Trust Complex, F-5 Aga Khan Road, Islamabad
Telephone: 051-9211094, 9204074 (Ext-128)