Facebook launches Innovation Lab in Pakistan

Published April 3, 2019
From left to right: LUMS Rector Shahid Hussain, Jason Lin, head of Startup Programmes, Facebook. Ignite CEO Yusuf Hussain inaugurate the Facebook  Innovation Lab.— Photo Release
From left to right: LUMS Rector Shahid Hussain, Jason Lin, head of Startup Programmes, Facebook. Ignite CEO Yusuf Hussain inaugurate the Facebook Innovation Lab.— Photo Release

Facebook, in collaboration with the government and the National Technology Fund (Ignite), launched the first Facebook Innovation Lab in Pakistan on Wednesday.

"The Innovation Lab will focus on providing infrastructure access to developers, entrepreneurs and community groups, enabling them to network, train and grow their expertise," a press release for the event stated.

Take a look: Can Pakistan become Asia’s start-up hub?

The lab will host future initiatives, including housing community events, workshops and training for startups. It also welcomes startups and entrepreneurs based in Pakistan who would like to deep dive into the emerging technology space. The initiative will also help developers build products and applications using emerging technology like Virtual Reality (VR).

The lab is located in the National Incubation Center (NIC) at the Lahore University of Management Sciences (LUMS). Several policy makers and technocrats attended the launching ceremony.

Also read: Will the next Google or Facebook come out of Pakistan?

“We are proud to launch the Facebook Innovation Lab as a part of our long term commitment to support innovation and the developer community in Pakistan," said Jason Lin, head of Startup Programmes (APAC), Facebook.

She said that Facebook was committed to building an impactful community in the country and the management of the social media platform believes it is important to support businesses, startups and the individuals who are driving innovation to grow and succeed.

"We are confident that through our partnership with the Ministry of Information Technology and Telecom, Ignite, National Incubation Centre (NIC) Lahore, and LUMS, Facebook Innovation Lab will not only be a unique training and innovation center, but will support a vibrant and transformative technology community in the country."

According to the statement, the Lab will give startups the infrastructure and the access they need to refine and scale their business models so they can succeed in Pakistan and scale internationally.

The lab not only provides a showcase of the latest technology, but participants will be matched with mentors, as well as connect with Facebook's global and exclusive experts, industry leaders, and specialists in product innovation, business growth, and data protection.

Ignite CEO Yusuf Hussain said, “Augmented Reality (AR), VR and Artificial Intelligence (AI) are rapidly expanding and will be major sectors of the future. Ignite's partnership with Facebook, one of the world's leading AR/VR development platform, will help launch this crucial 4IR technology in Pakistan in a big way.”

LUMS Vice Chancellor, Dr. Arshad Ahmad said,“Innovation is the backbone of cutting edge research and quality teaching at LUMS."

He added that the lab provides leverage to our core offerings and enables us to achieve another level of training and mentorship as it promises to create social capital amongst young entrepreneurs that will drive their ideas with no boundaries.

Opinion

Editorial

Stuck in the past
Updated 09 Jun, 2023

Stuck in the past

Dar's enduring fixation with the exchange rate suggests that he has learned nothing from past mistakes.
Unequivocal message
09 Jun, 2023

Unequivocal message

AN unmistakably forceful message has been sent out that puts to rest any notion of a house divided. The military top...
Early closure
09 Jun, 2023

Early closure

ON the face of it, closing shops early is a sound idea. Not only would the move help save energy during the stifling...
Qureshi returns
Updated 08 Jun, 2023

Qureshi returns

Powerbrokers fail to grasp that political legitimacy is drawn from public support and can only be contested through the democratic process.
Lawyer’s killing
08 Jun, 2023

Lawyer’s killing

THE shocking murder of Supreme Court lawyer Abdul Razzaq Shar on a Quetta thoroughfare on Tuesday raises a number of...
Infinite jest
08 Jun, 2023

Infinite jest

IF this government’s political record were to be described as dark comedy, its economic management would be a...