Home Press Release KPITB Introduces First-Ever Equity-Free Grant for KP Startups

KPITB Introduces First-Ever Equity-Free Grant for KP Startups

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The Khyber Pakhtunkhwa Information Technology Board (KPITB) has introduced the first first-ever fund for KP startups known as the KP Seed Fund. The KP fund is divided into 4 tiers:

Tier 1: Up to PKR 3 million
Tier 2: Up to PKR 5 million
Tier 3: Up to PKR 15 million
Tier 4: Up to PKR 25 million

Read more here: KPITB’s Digital Youth Summit 2021 in Full Swing

Additional to the Khyber Pakhtunkhwa Information Technology Board (KPITB), the KP Seed Fund is also backed by the World Bank, Multi-Donor Trust Fund, and is executed by Epiphany. The KP Seed Fund will be disbursed as equity-free grants in KP-based businesses. The Fund’s primary objective is to help grow the startup ecosystem in KP, especially women-led businesses as well as develop the investment eco-system in the province.

KPITB is encouraging both female-led and male-led startups are encouraged to apply, especially women-owned, women-led, and women-focused startups.

Entrepreneurs in KP are encouraged to apply for this program to present their entrepreneurial ideas and innovative products and to compete for funding to scale their initiatives.

Apply now: bit.ly/KPseedfund

Read more about the KP Seed Fund at https://epiphanyofficial.co/kp-seed-fund/

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