News

PITB invites applications for the Regional Plan 9 startup launchpad

Punjab Information Technology Board (PITB) has invited young aspiring entrepreneurs from Punjab to submit their startup ideas for incubation with the Regional Plan 9 launchpad. However, the applications are only open for startups based in Bahawalpur, Lahore & Sargodha. Those wishing to apply can submit their ideas on the following links provided by the PITB:

Lahore: tinyurl.com/launchpadBWPSGD

Bahawalpur and Sargodha: tinyurl.com/lahorelaunchpad

Here are some of the key benefits offered by the Plan 9 incubator program, which has introduced 9 incubators housed in public sector universities:

  • Zero Equity
  • Monthly stipends
  • Free office space
  • Networking Opportunities
  • Business development initiatives
  • Mentorship and guidance

Regional Plan 9, a key project by the PITB, aims to foster a technology-driven entrepreneurial mindset among the youth across the Punjab province. Previously the Plan 9 launchpad was introduced in Faisalabad, Multan, Lahore, Karachi, and Islamabad, “to focus on the challenges our nation is facing during the global pandemic find innovative solutions for the new normal.”

Plan 9 previously entered partnerships with startup incubators in the US to promote Pakistani Startups while also launching ‘Whizkids & Summer Entrepreneurship Bootcamp’ for young children.

It needs to be noted that despite the substantial efforts to promote startup culture in Pakistan, the government’s constant failure to convince PayPal to begin operations in Pakistan has so far become a bottleneck for further growth of IT exports. Additionally, the recent measures to issue notices to freelancers could further impact the IT exports and the remittances they bring.

The major tech-stakeholders in Pakistan have also expressed concerns over the government’s attempts to tax the IT sector while thinking of it as a cash-cow.

Read More: PITB to host Pakistan Innovation Roadshow in collaboration with Ejad Labs

Sponsored
Ahsan Zafeer

A digital marketing professional specializing in content-based functional areas - Ahsan Zafeer is driven by a never-ending passion for developing, nurturing, and strategizing key content aspects. He writes extensively on tech, digital marketing, SEO, cybersecurity, and emerging technologies. He also serves as a digital marketing strategist and freelance consultant for globally oriented organizations. He tweets @AhsanZafeer

Share
Published by
Ahsan Zafeer
Tags: PITBPlan 9

Recent Posts

Teachers Can Now Access OpenAI’s Free AI Course

OpenAI, in collaboration with nonprofit organization Common Sense Media, announced on Wednesday the launch of…

11 mins ago

WhatsApp-Inspired Updates Under Testing in Google Messages

Google is exploring a revamped image-sharing interface in its Messages app, taking cues from WhatsApp…

32 mins ago

Create AI Video Backgrounds with YouTube Shorts’ Dream Screen

When it comes to online video streaming, YouTube is among the most well-known options. Every…

38 mins ago

Telecom Operators to Automatically Restore SIMs for Tax Filers

The Federal Board of Revenue (FBR) has introduced a comprehensive mechanism for blocking and unblocking…

2 hours ago

Trump’s Influence Fuels Bitcoin to Cross $100,000

Bitcoin broke the $100,000 mark for the first time on Thursday, driven by Trump's crypto-friendly…

3 hours ago

PSX Hits New Heights, Surges by 1,800 Points to Cross 97,000

On Thursday, the Pakistan Stock Exchange (PSX) 100 Index surged by 1,781.94 points, or 1.86%,…

3 hours ago