Ignite, under Ministry of IT & Telecom, partners with Netsol Technologies and others to establish and operate National Incubation Center Lahore, supporting 50 startups annually with Rs. 5 million funding.

Ignite, under the Ministry of IT & Telecom, teams up with a consortium led by Netsol Technologies Limited to establish and operate the National Incubation Center (NIC) Lahore for five years. The consortium, including HBL, Beaconhouse National University, and PlugNPlay Tech Center, aims to empower startups focused on AI, IoT, Cleantech, and ICT, with the center hosting 50 startups annually in its incubation program and 10 in its acceleration program, each startup receiving Rs. 5 million in funding from Ignite National Technology Fund.

August 09, 2024
4 Articles