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NIC Graduates Its Second Cohort

Islamabad: The National Incubation Center – a public-private partnership of Ministry of Information Technology and Telecom (MOITT), Ignite (formerly National ICT R & D Fund), Jazz and Teamup – graduated its second cohort of 15 innovative tech entrepreneurs in Islamabad.

After 12 months of challenging sessions at the technology hub, founders of these startups are ready to
showcase their award winning businesses with an aim to make a difference. Only 26 out of the 600+
startups were inducted into the program to undergo an intense training program and one-to one
mentorship sessions with industry experts and thought leaders.

Six out of the 15 graduating startups – Mauqa Online, Easy Insurance, Fabricare, Integry, Content Studio
and Rasai – received High Achiever Awards at the ceremony. Awards to these startups were distributed
based on the significant number of investment and revenues raised during their time at the NIC.

The occasion was graced by Special Assistant to the PM on Overseas Pakistanis Zulfikar Bukhari, who
were given a tour of the NIC facility, which was then followed by keynote presentations by Jazz’s CEO
Aamir Ibrahim, Head of Regulatory Affairs and Public Policy Salman Malik, Head of Digital Channels and
Partnerships Mian Talha Nasruddin; Muddassar Hussain Member Telecom Ministry of IT and Telecom;
Co-Founder & Partner of Teamup Zouhair Khaliq and Project Director of NIC Parvez Abbasi and an
awards distribution ceremony.
“Being the leading digital company, we aspire to empower societies by developing a robust startup eco-
system and bridging the digital divide through our extensive data network and innovative solutions, said
Aamir Ibrahim, while addressing the graduating startups in his speech. “Jazz xlr8 and the NIC are laying
the foundation for a sustainable technology ecosystem. By working closely with these startups, we aim
to radically innovate diverse fields by leveraging the power of digital technologies.”

Zouhair Khaliq remarked, “We are very proud of our startups, who, we have seen grow exponentially
over this time. They have shown the willingness to take risks, have pivoted and signed off their first
clients – their progress at the NIC proves that this program is much needed.”

“What these wonderfully talented young people are doing is creating the future of Pakistan. We wish
them good fortune and continued success as they now step out in to the world. Know that we will
always be behind you and supporting you as you make the future!” he added.

Lauding their entrepreneurial efforts, Parvez Abbasi commented, “It’s exciting to see how these startups
have progressed over time with all the efforts pulled in by our team of mentors & partners,” He added.
“Working with these startups not only sets a challenge for us but it is also important to understand the
lessons that we have learned in this journey altogether and that’s the measure of our success.”

While complimenting Jazz and Teamup efforts in scaling their businesses, Co-Founder, Easy Insurance,
Maliha Javed Khan commented, “Our experience with the NIC team has helped us improve our business,
draw a clear roadmap and define a strong vision.” She added, “We were connected with industry
experts and received massive support from giants like Jazz and are thankful to them for helping us out.”

The startups at NIC have been able to raise over USD 2 million in funding showcasing how the NIC is
already on its way to promoting a successful entrepreneurial ecosystem by partnering with giants in the
corporate sector – both locally and internationally.

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