MIT Enterprise Forum Pakistan (MITEFP) in collaboration with Information Technology University (ITU) is holding a two day conference laden with the finest investors, entrepreneurs, mentors, speakers, tech companies and accelerators alongside the involvement of media on 26th and 27th of January at Arfa Software Technology Park, Lahore under the title Startup Lahore. Over 3000 attendees, 150+ startups, and 30+ investors will participate in the moot.
MIT Enterprise Forum Pakistan (MITEFP) is a global organization of dedicated professionals associated with the Massachusetts Institute of Technology (MIT) through MIT Technology Review and is one of the 24 worldwide chapters looking to engage stakeholders of the entrepreneurial ecosystem and make a difference through innovation and technology. In order to realize these goals, MITEFP is hosting Startup Lahore.
As regard to the event, Dr. Umar Saif, Advisor to the Chief Minister Punjab, Chairman of PITB and MITEFP, and Vice Chancellor of ITU expressed that “In the last decade, Lahore has transformed itself into a technology hub. With our startup and investor eco-system building up steam, Startup Lahore has come about at an opportune time. This will be a fantastic opportunity for all entities to network and showcase our talented community.”
Attendee, Startup or Investor passes are available on Startup Lahore website. These pass holders will have access to workshops and seminars during the whole event. Applications are also open for Startup Rumble. Everyone who is interested to participate can apply. Applications are now open for Startup Rumble, all interested groups can apply here.
Key features of Startup Lahore
One of the key features of Startup Lahore would be the Startup Rumble. It’s a platform that will make it viable for entrepreneurs to submit a business idea of no more than 350 words. All the ideas would be subject to vote.
The finalists will be chosen on the basis of votes, highest number of votes, commercial viability of their business idea and the strength of their team, and will be invited to Lahore to present their ideas as well as a detailed business plan in front of a jury and the audience. Startups will be competing for prize money of Rs. 1 million and a chance to be accelerated at PlanX – a project of Punjab IT Board.
The Conference will provide startups access to a network of investors and training opportunities for “yet another Business” to recognize their best potential. This is an initiative to shape the technology entrepreneurial landscape of Pakistan through activities that will stimulate entrepreneurship in youth, startups and corporations at the same time.
For Pakistan it is an initiative to train the next generation and stimulate entrepreneurship amongst the Youth!