PMIC launches Institution Development Fund for financial services startups in underserved areas

Islamabad, March 22, 2021: Pakistan Microfinance Investment Company Limited (PMIC), the country’s foremost organization serving as a vital pillar to the National Financial Inclusion Strategy, recently set up and launched its “Institution Development Fund” to provide support to the companies that would not normally meet PMIC’s financing requirements. PMIC has always encouraged greater ingenuity, innovation, and…

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Aamir Ibrahim called upon overseas Pakistanis to support local startups

Karachi, October 23, 2020: In a message for budding entrepreneurs and investors, Jazz CEO, Aamir Ibrahim has stated that Pakistan offers an abundance of opportunities that are linked to the national challenges. The Organization of Pakistani Entrepreneurs Silicon Valley (OPEN SV) featured Aamir Ibrahim as a guest speaker in its webinar titled ‘Realities of Investing…

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‘Google For Startups’ launches accelerator program for Pakistani startups

Karachi: 25 June, 2020: ‘Google for Startups’ (GFS) has launched a 3-month, online accelerator program to nurture high-potential, early-stage tech-startups across Pakistan, Indonesia, Singapore, Malaysia, Thailand, Vietnam and the Philippines. The program is committed to support homegrown entrepreneurs implement their solutions while enriching local ideas to evolve. In the last few months, COVID-19 has ushered in an era of profound changes…

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President approves amendments to companies act to facilitate startups

Karachi, May 04, 2020: President Dr Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups in Pakistan. These amendments were proposed by the Securities and Exchange Commission of Pakistan (SECP) to help promoting and nurturing startups as well as attract local and international innovators. The Companies…

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