Invest2Innovate has partnered with Impact Hub King’s Cross, with the support of the British Council’s DICE programme to create a new Scaling Readiness Toolkit to help enterprises access new markets.
The program was designed with the aim of supporting start-ups in Pakistan to scale up more strategically and become more investment ready.
The Scaling Readiness Toolkit: Supporting Entrepreneurs in Pakistan, can be used by anyone working with entrepreneurs and supporting them in scaling their operations, and is designed for intermediaries and support organizations to help them understand key concepts around scaling. It also contains Case Studies, advice and resources to support an entrepreneur’s journey.
The toolkit was developed by gathering learnings from UK’s more developed social entrepreneurship space as well as understanding the on ground realities in Pakistan. This involved exchange visits, round-table discussions and workshops with scaling startups to develop content which was research based and locally relevant.
i2i and Impact Hub King’s Cross came together to launch the Scaling Readiness Toolkit online and featured a panel discussion around scaling, the difference between scaling and growth, understanding barriers to scale in Pakistan and the UK, and some of the best practices around scaling.
The expert Panel from Pakistan and the UK was moderated by Kalsoom Lakhani- Founder & CEO at Invest2innovate. and included Adnan Faisal – Head of NUST Technology Incubation Centre, Faisal Aftab – Managing Partner at Lakson Investments VC and Julian Warowioff – Managing Director at LemonAid.
When talking about what scale and growth meant to a startup, Julian said, “For us, growth means increasing our positive impact’ and about how Lakson supports early-growth enterprises to scale.”
Faisal said, “We need to focus on innovation, wherever we see talent, we should back it.”
Adnan, with pivotal experience bringing Pakistani startups to Silicon Valley – shared how this exposure is important for companies looking to grow and scale, and how both Pakistani startups not only learn a lot from Silicon Valley, but how much Silicon Valley is learning from Pakistani startups, recognizing their intense innovative and entrepreneurial spirit and attitude.