National Incubation Center Opens Applications for its 5th Cohort of Startups

The National Incubation Center, Pakistan’s largest incubation Center, will start accepting applications for its fifth cohort from 20th December 2018. Applications for the fifth cohort will remain open until January 20th, 2018. So far, over 78 startups have been incubated at the NIC and two cohorts have already graduated from the program. Innovative startups working in diverse fields are encouraged to apply for the program, especially those working in the fields of Fin-Tech, Artificial Intelligence, Internet of Things (IoT), Ed-Tech, Agriculture, Augmented and Virtual reality and E-commerce among others. With its long-term commitment to diversity and inclusiveness, NIC provides equal opportunity to people from all walks of life and takes pride in supporting women entrepreneurs and differently-abled individuals through its endeavors. For this cohort, we especially encourage startups from marginalized communities including transgenders and the differently-abled community to apply. NIC believes in progressive meritocracy, if you’re smart and innovative, come as you are. Startups applying to the NIC undergo weeks of intensive curriculum exclusively designed for startups. We teach you how to develop your product, how to market it to the right audience, how to pitch to potential investors and much more. The twelve-month program is focused on actionable training where startups are mentored by industry veterans and thought leaders from across industries. The state of the art facility fosters innovation, through one-to-one mentor sessions, tech talks, and allows startups to connect with some of the best industry experts. NIC offers incubation and acceleration programs in partnership with Jazz. The top startups incubated at the NIC will be chosen for the Jazz xlr8 program. The Jazz xlr8 program offer startups access to the Jazz user base, a global network of mentors, and its digital platforms. NIC through its Jazz xlr8 program offers opportunities to startups to participate and compete in local and international events. Some of the startups at the NIC exhibited and showcased their products at the 4YFN in Barcelona in 2017 and 2018 as well. Details can be found on NIC’s website at http://nicpakistan.pk/ The National Incubation Center is a successful example of a public-private partnership between the Ministry of IT and Telecommunications through Ignite – National Technology Fund, Jazz and Teamup.