Time is of the essence in today’s rapidly changing economic environment. Given the present competition, entrepreneurs strive to enter new markets and secure customers to establish themselves early in their careers.
You can’t possibly expect expert skills from young entrepreneurs only starting out; they rely on external support besides their own talent in order to achieve this feat. StartUp Cup Pakistan 2015 will offer a united front for all such talented men and women.
What is Startup Cup Pakistan?
Startup Cup Pakistan is an event arranged by The Indus Entrepreneurs (TiE) Islamabad for entrepreneurs to compete with one another. It is meant to reward dreamers and visionaries by allowing them to present their business models as best as they can. It is an opportunity to identify any shortcomings in those models and work on ideas that can lead to the creation of viable businesses.
Salient features of this year’s event
Startup Cup Pakistan 2015 is scheduled to take place in February this year. The organisers emphasise that participants do not need to be proficient in accountancy or creating any exciting financial documents. Sometimes, a simple idea can pave way for a brilliant, new business. Interestingly, 50 percent of the participants must be associated with businesses led by women.
Monetary rewards for top performers
There are also cash prizes to be won by the participants. The entrepreneur securing the first position will be rewarded with Rs. 1,000,000, the one coming in second would take away Rs. 750,000 whereas the securer of the third position would be awarded Rs. 500,000.
Last date to apply
Submissions on the official website are open till 9th February, 2015.
Highlight of the first Startup Cup Pakistan
This year’s event follows the first one that was held back in 2013. Pakistani entrepreneurs showed a lot of vigor and zest in the event to clinch the title. In fact, the winner of the event later participated in and won the global Startup Cup. That goes to show that if given the opportunity, the young visionaries of Pakistan can bring laurels to the country.
Brief look at the organizers
TiE Islamabad has continued to promote Pakistan’s entrepreneurial ecosystem ever since its inauguration in June, 2008. It is fortunate to have a team of leading professionals with upto 20 years of experience in the industry.
Events like Startup Cup has also allowed it to strengthen its global connections. It enjoys a key geographical location with plenty of notable sectors and universities based in Islamabad. TiE Islamabad takes pride in promoting the success of passionate young individuals hailing from all such prestigious institutions.