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.

Editorial

Ominous demands
Updated 18 May, 2024

Ominous demands

The federal government needs to boost its revenues to reduce future borrowing and pay back its existing debt.
Property leaks
18 May, 2024

Property leaks

THE leaked Dubai property data reported on by media organisations around the world earlier this week seems to have...
Heat warnings
18 May, 2024

Heat warnings

STARTING next week, the country must brace for brutal heatwaves. The NDMA warns of severe conditions with...
Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...