Incubation Centers in Pakistan
Incubation Centers in Pakistan
Incubation Centers in Pakistan
BILAL GHAFFAR
Just a couple of years ago, budding entrepreneurs in Pakistan would have found it
difficult to gain access to mentors, business training, and investors due to the lack of
interest in encouraging disruptive startups. Now, however, the landscape has
changed and startup founders have a choice when determining which incubator to
reach out to.
In no particular order, here are some incubators and accelerators making an impact
in Pakistan.
1. Plan9
Based in Lahore, Plan9 initially started in mid-2012 as part of an initiative of the local
provincial government. Since then it has incubated over 60 startups. Plan9 requires
all companies to undergo a rigorous three-month program in which it provides them
with free office space, consultancy, and mentoring. It does not take any equity.
It does take a small equity percentage for each startup accepted into the program,
ostensibly to compensate for the monthly stipend it disburses to each venture.
4. i2i
Located in the scenic capital city of Islamabad, i2i is an accelerator for early and mid-
stage companies looking to make a social impact. The program is spread over four
months but does not require the startups to be present in-house, with the option of
working remotely.
5. PlanX
PlanX is an accelerator based in Lahore that was designed to complement its sister
incubator, Plan9. The program is slightly longer, at six months, but also provides free
office space and consulting without taking equity.
It also offers companies free office space and mentorship, taking a small equity
percentage in exchange.
8. DotZero
DotZero is more of a co-working space rather than a full-fledged tech incubator. It
does not offer a structured program but maintains a highly-curated work
environment designed to encourage synergy and cooperation between the startups
housed there.
Its founding members recently launched an angel investment fund to encourage the
growth of the investment landscape in Pakistan.
9. Basecamp
Basecamp operates in a similar vein to DotZero, running an invite-only co-working
facility located in the frontier city of Peshawar. There are a number of events,
including Startup Weekend Peshawar and TEDx Peshawar, and it hopes to foster
entrepreneurship through community-led efforts.
11. Nspire
Nspire is a newcomer. It’s a private tech incubator started by Netsol, a successful
Pakistani IT services company. Applications for its first batch of startups are currently
open.
The incubator takes a hefty amount of equity, though. Startups have to part with 10
percent just to use its co-working facilities, and a lot more if they wish to obtain
mentoring, consulting, and potential investment.
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