PlanX Investors Meetup to Discuss First Government Backed Venture Capital Fund

PlanX has been making inroads in the entrepreneurial setup of Pakistan for a while now. Punjab Information Technology Board’s (PITB) startup accelerator program seems to have done a great deal to help a number of startups to achieve full potential. A number of different events have been hosted as well as plenty sponsored in the process. The fixtures continue as PlanX Investors Meetup happens to be the next one on the agenda.

The PlanX Investors Meetup brings together bankers, entrepreneurs, investors and representatives of SMEs and MNCs belonging to local and international communities under one roof. The purpose of this meetup is a closed discussion on the launch of Pakistan’s first Venture Capital Fund that is supported by the government of Pakistan itself.

PlanX Investors Meetup brings together bankers, entrepreneurs, investors and representatives of SMEs and MNCs belonging to local and international communities under one roof

Chairman PITB (Dr. Umar Saif) along with Joint Director of Entrepreneurship & Enterprise Development (Nabeel A. Qadeer) have already held talks with Dr. Salman Shah to invite him on board for the discussions. It is strongly believed that an expert on financial matters and a seasoned economist such as Dr. Salman Shah could contribute volumes to the outcome of these discussions.

Given how positively things are shaping up, it might not be long before this plan is eventually materialized. If it proves to be a success, the development of venture capital fund would surely assist the growth of small and medium sized entities that lack sufficient finance and resources to grow on their own. All in all, a move like this will significantly boost the industry with sufficient opportunities for organizations operating in the economy. PITB promises more good news on the matter to follow soon.