Basecamp Peshawar – Peshawar 2.0, a social enterprise that focuses on nourishing the startup ecosystem in the city, has launched its highly anticipated startup incubation and acceleration programme this Saturday.
Revolt will be an intense 3-month marathon for students and entrepreneurs with ideas they wish to build fledgling companies around and bring to the market. The programme is strictly residential and run by partners who are experienced entrepreneurs, which differentiates it from all other incubation programmes in the country.
When asked about the name, one Muhammad Uzair, Co-founder at Peshawar 2.0, said ‘we are challenging the incumbent definition of business incubation at our universities and outside alike. Startups do not need free space and Internet connections. They need mentors they can really look up to and get help from’.
The Revolt program is a 3 month marathon for turning new ideas into fledgling companies and is strictly residential
‘We are cooking an organic ecosystem here. Its local talent, local ideas, local investors coming together to target local problems with homegrown startups’ said Dr Faisal Khan, Co-founder and CEO, Peshawar 2.0. The programme has more than 30 investors lined up for investment into startups through collaboration with the KP Chamber of Commerce and Industries, the KP IT Board and the World Bank.
The event started off with a recap of the community building activities undertaken by Peshawar 2.0, which included awareness and social events to evangelize the concept of starting your own business, training programmes to skill up the youth with the latest needs of the market, supporting freelancing and civic innovation in the province and the annual Digital Youth Summit which has brought together the technology community in Pakistan and abroad together and has already put Peshawar on the global technology and startup map.
The programme has more than 30 investors lined up for investment into startups
The event was attended by leading technologists, designers, founders, government officials, investors and the creative folk and ended with a networking session.