The NUST Global Acceleration Program (GAP) is a US Department of State sponsored program that aims to give exposure and acceleration to Pakistan-based startups that fail to interact with the international market and high-profile clients.
The program will shortlist 12 “post-revenue startups” that meet the criteria and will include them as part of NUST’s own Technology Incubation Center for a 12-month period. NUST mentions that
for every founder per selected startup, the program will provide:
Moreover, candidates will be able to form connections with industry mentors, international clientele, and even investors.
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According to NUST, Pakistani startups “need to leverage more advanced ecosystems with structured paths for scaling up” as Pakistan-based startups rarely get international exposure and success due to our country’s meager economical condition and technological adoption.
Eligible startups, which will work in the Technological Incubation Center for NUST for 12 months, are required to transfer 5% of their equity to NUST. Moreover, selected participants will get,
The first Silicon Valley batch will begin on 1st of July, 2018. Applicants are required to submit their entry before 20th May, 2018. For more details, you can visit www.gap.tic.nust.edu.pk.