News

Karandaaz Pakistan announces launch of challenge focused on Women Entrepreneurs

Kaiyan Yousaf, Senior Manager Knowledge Management, Karandaaz Pakistan, spoke about the importance of supporting women-owned enterprises and startups at the Women Entrepreneurship Conference held at the HEC Auditorium, Islamabad.

He also introduced the concept behind the second round of the Innovation Challenge Fund (ICF) that will focus on women’s entrepreneurship and is funded by the Department of International Development (DFID) UK.

Karandaaz Pakistan launched the first round of the Innovation Challenge Fund in 2016 which focused on improving the current mechanism of foreign remittances from Pakistani workers employed in different parts of the world. Some of the crucial aspects that the ICF focused on improving included the outreach (specifically rural), speed, security, cost, ease of use and increased awareness.

Karandaaz Pakistan, a not-for-profit company registered under SECP in August 2014, promotes access to finance for small businesses through a commercially directed investment platform, and financial inclusion for individuals by employing technology enabled digital solutions. The Company has financial and institutional support from leading international development finance institutions; principally the United Kingdom Department for International Development (UKAid) and the Bill & Melinda Gates Foundation.

Sponsored
TechJuice

Pakistan's premier website covering everything about Technology, Startups and Entrepreneurship! Email: editors@techjuice.pk

Leave a Comment
Share
Published by
TechJuice

Recent Posts

Indian Army Granted Authority to Directly Takedown Social Media Content

The Indian Army has been granted direct authority to manage social media content concerning its…

4 hours ago

NUST Achieves Global Recognition with 43 Researchers Among World’s Top 2% Scientists

In an extraordinary accomplishment for Pakistani academia, 43 researchers from the National University of Sciences…

5 hours ago

Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn

The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to…

7 hours ago

PTA Cautions Public on Illegal and Unlicensed Forex Trading Platforms

The Pakistan Telecommunication Authority (PTA) has issued a stern advisory, warning citizens against investing in…

7 hours ago

Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart

Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain…

9 hours ago

Russia’s Fine on Google Exceeds World’s Economy

A Russian court has fined Google for blocking state-run media channels on YouTube, imposing a…

1 day ago