Five Women-led companies win up to USD 10,000 in seed funding.
Karachi, August 2, 2019: Standard Chartered, in partnership with INNO Ventures Global (Pvt.) Limited, is excited to announce the five winners of this year’s Standard Chartered #SCWomenInTech
The Chief Guest at the occasion was Mr. Zubair Gilani, Chairman Board of Investment.
The five teams were selected from a pool of the best 18 teams previously shortlisted and went through the #SCWomenInTech programme for two months where they were offered coaching, mentoring and business management skills to grow their businesses to the next level.
The five winning companies for 2019 are:
- Plate 101
- Relive Now
- Dot-mind unlocked
- Trashit
- Closet
The awardees will be supported with extended mentoring and milestone-based disbursement of the winnings for a period of 9 months.
Speaking at the event Shahzad Dada, CEO, Standard Chartered Pakistan mentioned, “I would like to congratulate the winners of Women in tech programme. and appreciate all the Women in Tech participants that applied to this programme.
He further said that “Irrespective of the final outcome, remember that in your own right, you are positively transforming our country’s economy and creating more job opportunities. Just like the Bank, you are striving to be a force for good, promoting sustainable economic and social development in the markets and communities where we operate.”
Standard Chartered launched Women in Tech in Pakistan on March 2019. This
The teams were shortlisted based on performance in the programme’s 100 points criteria as follows:
- Must be a
women -led business. - At least 1/3rd of the Founders be women.
- Woman Founder(s) has been around for at least 1 year.
- Must be a technology venture or a traditional business seeking to use technology to significantly grow.
- Registered (Pvt) Ltd. Company.
- Between 3 months and two years at the time of application.
- Significant Growth and/or Impact potential.
- Must have an initial plan to scale or be technology-enabled to scale by using $ but also mentoring and other support.
- SC’s investment in the business/venture must make a material difference.
