There is nothing in this world, more effective to push a person forward than a good competition. Since the entrepreneurial ecosystem is always evolving and continuously innovating more and more startup competitions are making their way in the market with the sole purpose of inspiring young innovators to outperform themselves and others.
Pakistan Startup Cup is one of the biggest innovation driven award in Pakistan. The number of competitors is rising every year which shows that the entrepreneurial activities are going up with time. Startup Cup has been initiated in Pakistan by TiE Islamabad in collaboration with amazing partners such as US Embassy Griffin Worx, USA which was formerly known as Startup Cup LLC. The winner of Startup Cup is awarded PKR 1 Million prize money.
This year more than 1500 startup applied to compete against each other for the sixth annual round of Pakistan Startup Cup. From KPK 180 Startups pitched their businesses in front of a panel of accomplished judges. The three finalists from Startup Cup KPK; Nano IT Solutions, Aprus and Bera, are all incubatees of NIC Peshawar. These amazing startups are reinventing the industries in their particular domain.
These three startups have also previously coined their name and product in various other startup competitions. All three of these startups have raised equity based funding and their revenues are positively trending. These three finalists from KPK will be competing against 15 other finalists from other parts of Pakistan in the final round. We are confident that our startups will once again impress the world with their innovative and creative solutions and will bring Startup Cup to the NIC Peshawar Family this year.