PITB launches incubators for tech startups in 9 cities of Punjab

Published March 23, 2021
The Punjab Information Technology Board (PITB) has launched Regional Plan9 — a network of incubators for technology startups across the province. — Photo courtesy Plan 9 website
The Punjab Information Technology Board (PITB) has launched Regional Plan9 — a network of incubators for technology startups across the province. — Photo courtesy Plan 9 website

The Punjab Information Technology Board (PITB) has launched Regional Plan9 — a network of incubators for technology startups across the province, it emerged on Monday.

Under the plan, PITB will be launching nine incubation centres in Lahore, Bahawalpur, Dera Ghazi Khan, Faisalabad, Multan, Rawalpindi, Gujranwala, Sahiwal and Sargodha in partnership with public sector universities, the board said in a statement.

Of these centres, the ones in Lahore, Bahawalpur and Sargodha will start functioning in April, it added.

Elaborating on the board's plan, the statement said "Regional Plan9 aims to inculcate a technology driven entrepreneurial mindset across the province that will be the key to expanding and strenghthening the startup ecosystem."

The selected startups will be provided several services, including free office space, monthly stipends, networking opportunities, mentoring and trainings.

"Each service is tailored and targeted to enable, support and sustain the startups to transform their idea into a functional product/service," the statement said, adding that programme was based on a zero-equity model.

"By harnessing the collective power of technology and entrepreneurship, the project is geared towards empowering through provision of equitable access to entrepreneurial opportunities across Punjab," it further said.

For the selection process, Regional Plan9 will hold "The Launchpad" to "induct startups using an eligibility criteria and a judicious process that involves input by domain experts".

Professionals from the industry, mentors and academicians will also be present at the event, the date for which has not yet been announced. The centers situated in Lahore, Sargodha, Bahawalpur and Lahore will commence operations in the month of April, according to a PITB statement.

Interested startups can access the application form here.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Back in parliament
Updated 27 Jul, 2024

Back in parliament

It is ECP's responsibility to set right all the wrongs it committed in the Feb 8 general elections.
Upholding rights
27 Jul, 2024

Upholding rights

EVEN a perceived threat to civil rights and freedom of expression undermines democracy; it impedes the enforcement ...
Brutal crime
27 Jul, 2024

Brutal crime

THE horrific incident of a woman allegedly gang-raped in front of her husband and three-year-old daughter near...
Judicial constraints
Updated 26 Jul, 2024

Judicial constraints

The fact that it is being prescribed by the legislature will be questioned, given the political context.
Macabre spectacle
26 Jul, 2024

Macabre spectacle

Israel knows that regardless of the party that wins the presidency, America’s ‘ironclad’ support for its genocidal endeavours will continue.