The Pakistan Software House Association, or [email protected], is poised to launch the largest technology incubator in Karachi in collaboration with its global partners Google and Samsung. As reported earlier, the incubator is known as The Nest I/O, and will most likely be operational by the end of the month.
Confirming the planned opening, [email protected] President Jehan Ara has invited applications for their first cohort of incubation. Candidates who are looking to market a new technology product, final year students who want to commercialize their projects, or new startup companies are all allowed to apply. Mentoring will be provided by Google for Entrepreneurs, Samsung and representatives from [email protected] itself. Furthermore, the funding for this initiative to kick off has also been granted by the US Department of State.
Total incubation time for the first batch of applicants will be four months, where all startups will be provided free office space, close mentoring to design and fine-tune their business idea, networking and showcasing. Industry professionals will work in coordination with the selected applicants to hone their ideas and solve problems faced by people all over the world.
The Nest will incubate 50+ teams and provide co-working space to 700+ entrepreneurs
It is planned that the [email protected] technology incubator will service 50 plus technology teams and provide co-working space to an additional 700 technology entrepreneurs during its first year of launch. The incubation project has been under development for the last three years and is a natural extension of [email protected]’s effort to help grow the technology entrepreneurial community in the country.
“The funding provided by our Partners is of course necessary and has enabled us to launch such an ambitious project”, said Jehan Ara, President of [email protected] “but more important than the grants is the support and outreach that technology giants Google and Samsung will be able to provide to product teams with potential.”
Further information on applying for the program can be found on thenestio.com, with both men and women founders encouraged to apply.