Who We Are

BACKGROUND

Silicon Valley is a 3 Trillion Dollar Industry. It is a global center for high technology, innovation, and social media. Its world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup companies. Silicon Valley accounts for one-third of all of the venture capital investment in the United States, which has helped it to become a leading hub and startup ecosystem for high-tech innovation and scientific development. This area has the largest concentration of high-tech companies in the United States, at 387,000 high-tech jobs, of which Silicon Valley accounts for 225,300 high-tech job.

Indian Startup Ecosystem is the 2rd largest startup ecosystem in the world, have become 750+ Billion Dollar Industry and its growth rate is 10 - 12% per year. There are 20,000 startups in India; around 4,750 of these are technology led startups.3-4 tech startups born every day. 55% of the youth prefer working in startups to corporates as per survey. 18,000+ start-ups were recognized by Department for Promotion of Industry and Internal Trade (DPIIT) (up till May 2019), which includes 8,993 start-ups recognized in 2018 alone. Many start-ups have entered in the Unicorn club.

Singapore is rated as the second best country to conduct business globally. 2019 Global Startup Ecosystem Report rates Singapore as the #14 global startup ecosystem in the world and identifies Local Connectedness as one of its strongest traits. Singapore Startup ecosystem value of $25 billion, far exceeding the global average of $5 billion. Singapore ranks as the #4 Global Startup Ecosystem in the Blockchain sub-sector and #5 Global Startup Ecosystem in the Fintech sub-sector.

In contrary to billion dollars startup industries, Pakistan startup ecosystem is quite lag behind. Pakistan startups just raised $154 million amount from 2015-2019. 64% of entrepreneurs rated investment raising process is difficult. Pakistan currently ranked 108/190 on the World Bank Doing business scale. Only 4% ($6 million) of the total amount raised from 2015-2019 went to women-led businesses.

PROBLEM

Startup Ecosystem is a multibillion-dollar industry now but Pakistan is far away from it. Majority of Pakistan’s population comprised of youth but unaware about startup due to lack of guidance. Furthermore, they are not fully equipped to cope with the challenges of evolving startup ecosystem and flourishing business to resolve local issues because opportunities to escalate a startup is quite insignificant yet so there is a huge gap in the marketplace to make Pakistani startup ecosystem multi-billion dollar industry and raise the level of incubation to create marvelous and successful businesses globally. It has to be address. To uplift the startup ecosystem, a thematic incubation model is inevitable to mitigate Industry, academia and community gaps, to enable the youth to cope with the challenges of emerging startup markets and to raise sizeable local investments for local enterprises solving local problems and provide best possible mentorship to channelize the two-third underserved youth of Pakistan.

SOLUTION

To address the problems, we teamed up with all segments of tech, academia and community to contribute in overall startup ecosystem and form state of the art thematic incubation center(s) and workspaces in Pakistan with the support of Industry, Academia and public institutions. We will support the rising industrial segments of all the industrial sectors