ISLAMABAD – The Ministry of Information Technology and Telecommunicationhas taken an initiative to make Pakistan move towards the IT centredbusiness hub.
MoIT has established National Incubation Centers (NICs) as technology hubthat aimed to provide the technologically sound environment and digitalplatform to promote entrepreneurship, discover groom and develophigh-growth and high-impact companies across the country.
The Ministry’s official said that infrastructure is very important to excelin the field of IT and Telecom as it was not present in the past. He saidthat in the first three years of this tenure, we have focused on thedevelopment of infrastructure.
NIC is an Incubator and accelerator designed to promote and supportPakistani entrepreneurs and start-ups that are funded by the Ministrythrough the National ICT R&D fund, he added.
He said that Pakistan’s first largest NIC at Islamabad is running under thepublic-private partnership providing a comprehensive ecosystem forstart-ups, incubators, and accelerators.
The National Incubation Center (NIC) Islamabad is a first of its kindtechnology hub, launched under the public-private partnership of Ministryof IT & Telecom, Ignite Fund, Jazz & Teamup.
After making NICs in Lahore, Islamabad, and Peshawar, a NIC is beingestablished in Karachi to train youth who are looking forward to becomingtech-based entrepreneurs with the objective of dismantling old-fashionedsystems and introducing new creative solutions, he said.
The NICs have been established in all provincial capitals and now theMinistry is planning to establish NICs in others cities across the country.