PITB announces incubators to support Technology Startup

Regional Plan9, a plan to establish a network of incubators for technology startups in the whole of the province, has been launched by the Punjab Information Technology Board (PITB).

The Board stated in its declaration that PITB will open nine incubation centres in Lahore, Bahawalpur, Dera Ghazi Khan, Faisalabad, Multan, Rawalpindi, Gujranwala, Sahiwal and Sargodha, collaborating with public sector universities. It added that operations will begin in April 2021 at Lahore, Bahawalpur, and Sargodha Centres.

The board exposes the vision of "Regional Plan 9 aims to encourage an entrepreneurial spirit powered by technology in a province essential for expanding and improving the start-up ecosystem." This was a vision of the incubator.

Different services would be available to help selected start-ups, such as free offices, monthly funding, networking, mentoring and training, which will be like the incubators of intense commerce currently in place in main cities.

The Board member claimed in a statement that "every service is customised and intended to let start-ups transform their thoughts in realistic products/services and to help them.

PITB announces incubators to support Technology Startup

Professionals, mentors and experts from the technology sector will also participate in the gathering, the name of which is not yet known. The Sargodha, Bahawalpur and Lahore sites will operate in April according to a PITB announcement.

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