Graduation Ceremony 2020 – Female Entrepreneurs leading the way
National Incubation Center, Peshawar hosted the 2nd Graduation Ceremony on 21st December, 2020, to celebrate the achievements of its third and fourth cohort startups. At the Graduation Ceremony, 5 out of 15 graduating startups were female led, making up approximately 33 percent of the total.
NIC Peshawar has played a monumental role in the entrepreneurial development of the region since its inception and has paved the way for the development of the entrepreneurial ecosystem of Khyber Pakhtunkhwa. Its efforts have resulted in upturn of entrepreneurial ideas as well as the economic growth of KP.
Mr. Syed Aminul Haque, Federal Minister for Information Technology and Telecommunication, was the Chief Guest at the ceremony. He was accompanied by the political leadership from Khyber Pakhtunkhwa, CEO Ignite, LMKT team and other dignitaries.
15 Graduating Startups of third and fourth cohorts have built innovative and disruptive solutions for a diverse set of industries including education, health, e-commerce, lifestyle, Sustainable Energy and Artificial Intelligence. In a limited span of two years these startups have created an unprecedented social impact by generating more than 1419 direct and 1295 indirect employment opportunities, raising more than PKR 504 Million in investments and registering a revenue growth of PKR 212 Million.
Addressing the ceremony, Mr. Syed Aminul Haque said,
“The startups graduating today out of NIC Peshawar have delivered on the benchmarks set by their predecessors. The youth of Khyber Pakhtunkhwa has always exhibited passion, motivation and steadfastness in all fields of life and they will continue to do so in the years to come. It gives me immense pleasure to witness and experience the innovative products and solutions developed by these startups to create a wave of disruption in the most conventional industries.”
“Khyber Pakhtunkhwa is on the cusp of establishing itself as the hub of innovation and technology and play an integral role in actualizing the dream of a Digital Pakistan. NIC Peshawar is at the forefront of this mission and is facilitating the growth of the startup ecosystem in the province”
Commented Mr. Zia Ullah Bangash, Special Assistant to the Chief Minister Khyber Pakhtunkhwa on Science Technology & Information Technology.
CEO Ignite, commented while expressing his view that, the success of NIC Peshawar is the result of the dedication and hard work put up by the team.
NIC Peshawar is steadily working on its mission of Igniting the Spark of innovation and disruption in KP and aims to bring about a transformational leap in the regional economy.