National Incubation Center Peshawar is a joint initiative of LMKT and PTCL that is backed by the Ignite Fund, formerly known as ICTR&D Fund.
We at NIC Peshawar aim to build a thriving entrepreneurial ecosystem in Khyber Pukhtunkhwa and support the creation of disruptive, innovative product-based tech startups. We hope that with efficient utilization and allocation of resources these disruptors will change the way people live, work and play.
Need being the mother of invention, an indigenous startup culture will respond to local challenges to create solutions that benefit the Pakistani society. We believe that the widespread use of IT in sectors like energy, agriculture, education and health care will benefit the masses.
Curriculum and resources from one of the world’s leading incubator/accelerator, ‘Founder Institute’ will be used at NIC Peshawar to build great companies. The Founder Institute has graduated over 2000 startups, 45% of which have acquired funding and have a combined valuation of over $ 15 billion.
NIC Peshawar’s mentors, who are among the finest in Pakistan and the world, will work with budding entrepreneurs to make their ventures a success. A network of Angel Investors, Venture Capitalist and Technology Development funds is also being developed to support the entrepreneurs of Khyber Pukhtunkhwa.
NIC Peshawar is LMKT’s latest venture in its decade long tradition of investing in indigenous startups. LMKT is a full-service technology company based out of Pakistan that offers scalable IT solutions for developing smart cities, smart buildings, e-governance, clean technology and agri-tech solutions to support the country’s fast-growing economy and rapid urbanization.
As a company that operates on the cutting edge of technology, LMKT recognizes the importance of innovation in disrupting incumbent industries and finding solutions to some of our country’s most pressing developmental challenges. Investing in local startups and working closely with entrepreneurs is our way of ensuring that the business leaders of tomorrow are equipped with the necessary tools and resources to see their ideas through to the finish line. It is for this very reason that LMKT have invested in many disruptive startups over the last decade.