KARACHI: LMKT, an award-winning full-service technology company based out of Islamabad, along with its partners is pleased to announce that National Incubation Centre (NIC) Karachi is ready to begin its operations in May.

LMKT is setting up the NIC Karachi in partnership with the NED University, HBL, PTCL, PPAF, Founder Institute and i2i, with funding from Ignite (formerly National ICT R&D Fund). The Incubator will provide talented entrepreneurs and promising start-ups from the Sindh region quality incubation programmes; access to mentor and investor networks; and technical resources.

NIC Karachi will focus its resources on identifying and nurturing promising start-ups by running various programs that will range from two-day boot camps to year-long acceleration programmes. This includes the centre’s SPARK Accelerator programme, which will look to digital transformation in thirteen areas of focus including Fintech, real estate, commerce, cyber security and robotics.

NIC Karachi, which aims to incubate over 200 next-gen businesses in the first 5 years, intends to empower aspiring Sindh-based entrepreneurs to create high growth and sustainable businesses.

“As a major port city and one of the largest metropolises in the world, Karachi is a magnet for the country’s innovative young minds,” said President LMKT Shabana Khan. “Programs that support youth-led innovation are essential because they not only benefit our future generation but they move us forward as a nation.”—PR