The Ministry of Information Technology has recently announced a third-party evaluation of National Incubation Centers across Pakistan. The evaluation will allow the Ministry to see the progress of the National Incubation Center and device strategies for their future expansion.
The National Incubation Centers were designed to improve the digital landscape in Pakistan. There were 5 Incubation Centers created in Pakistan in provincial and federal capitals. These centers have helped to provide innovation, growth, and improvement to the digital environment.
Read More: The Next Big Thing: JS Bank, PakLaunch Gear up to Showcase Pakistani Startups
Currently, there are 380 startups that have successfully graduated from the NIC and have received funding of $56 million. Additionally, these startups have generated more than $24.87 million. The startups have gotten attention from national and international investors.
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