Islamabad - November 20, 2018: The National Incubation Center – a public-private partnership of Ministry of Information Technology and Telecom (MOITT), Ignite (formerly National ICT R & D Fund), Jazz and Teamup – graduated its second cohort of 15 innovative tech entrepreneurs in Islamabad.
After 12 months of challenging sessions at the technology hub, founders of these startups are ready to showcase their award winning businesses with an aim to make a difference. Only 26 out of the 600+ startups were inducted into the program to undergo an intense training program and one-to one mentorship sessions with industry experts and thought leaders.
Six out of the 15 graduating startups – Mauqa Online, Easy Insurance, Fabricare, Integry, Content Studio and Rasai – received High Achiever Awards at the ceremony. Awards to these startups were distributed based on the significant number of investment and revenues raised during their time at the NIC.
Keynote presentations were given by Jazz’s CEO Aamir Ibrahim, Head of Regulatory Affairs and Public Policy Salman Malik, Head of Digital Channels and Partnerships Mian Talha Nasruddin; Muddassar Hussain Member Telecom Ministry of IT and Telecom; Co-Founder & Partner of Teamup Zouhair Khaliq and Project Director of NIC Parvez Abbasi and an awards distribution ceremony.
“What these wonderfully talented young people are doing is creating the future of Pakistan. We wish them good fortune and continued success as they now step out in to the world. Know that we will always be behind you and supporting you as you make the future!” he added.
Lauding their entrepreneurial efforts, Parvez Abbasi commented, “It’s exciting to see how these startups have progressed over time with all the efforts pulled in by our team of mentors & partners,” He added. “Working with these startups not only sets a challenge for us but it is also important to understand the lessons that we have learned in this journey altogether and that’s the measure of our success.”
While complimenting Jazz and Teamup efforts in scaling their businesses, Co –Founder, Easy Insurance, Maliha Javed Khan commented, “Our experience with the NIC team has helped us improve our business, draw a clear roadmap and define a strong vision.” She added, “We were connected with industry experts and received massive support from giants like Jazz and are thankful to them for helping us out.”
The startups at NIC have been able to raise over USD 2 million in funding showcasing how the NIC is already on its way to promoting a successful entrepreneurial eco system by partnering with giants in the corporate sector – both locally and internationally.
Following are the names of the startups that graduated:
1. Traverous
2. Integry
3. Lasting Sales
4. Naseem
5. Rasai
6. Easy Insurance
7. Tabedaar
8. T-Admen
9. Mauqa Online
10. Content Studio
11. Fabricare
12. Codegini
13. AdSpace
14. Try On
15. Pliro
About Jazz
Jazz is Pakistan’s largest digital telecommunication company. Serving over 55 million subscribers across the country.
About Teamup
Teamup is an innovation hub, which works closely with the government and non-government organizations to promote entrepreneurship and the start-up ecosystem across Pakistan. Privately led by industry veterans, Zouhair Khaliq and Parvez Abbasi, Teamup leverages its vast commercial, technical and business knowledge, expertise and relationships locally and internationally to help train, mentor and connect young entrepreneurs with professionals, investors and organizations around the world to take ideas to market and build successful businesses.