The National Incubation Center (NIC) has officially launched today. NIC is a technology hub launched under the unique public-private partnership of Ministry of Information Technology and Telecom (MOITT), National ICT R&D Fund, Jazz and Teamup.
Minister of IT, Mrs. Anusha Rahman launched the National Incubation Centre by JAZZ. The NIC will provide startups with a free of cost workspace, incubation, acceleration – Jazz xlr8 program – seed funds, and access to 50 million plus mobile customers.
Commenting on the launch, Anusha Rehman, Minister of State for IT & Telecom – Pakistan, said, “The launch of the National Incubation Center is an important milestone in the Government of Pakistan’s digital agenda. I would like to appreciate the efforts of my team, ICT R&D Fund Board, Chairman PTA and all our partners who have made this possible.”
She further said, “I wish all the startups joining the National Incubation Center the very best in achieving their dreams, they are our future, and it is nothing but the very best for them, InshALLAH. We have already also announced setting up of 4 more Incubation centers in 4 provincial capitals together with Innovation Centers, one each for IoT, Robotics, and Fintech.”
Seven more incubation centers are in the pipeline and will be launched in next six months
Anusha Rehman also revealed that seven more incubation centers are in the pipeline and will be launched in next six months. She said that we need fresh blood and more entrepreneurs in the form of young women leaders.
Augie K. Fabela II, Co-Founder VimpelCom, and Chairman Emeritus added, “VimpelCom and Jazz will lead the Digital revolution in Pakistan, this launch provides young Pakistani entrepreneurs an opportunity to further their business ambitions. Pakistanis are ready to make their mark on the world economy and Jazz will make it a reality.”
Talking about entrepreneurship Mr. Fabela said that if you choose to be an entrepreneur, you’ve got to go all the way. Talking about National Incubation Center, he said: “I have opened several incubation centers and NIC is by far the nicest one.”
Jazz, after official transfiguration from Mobilink and Warid, revealed their goal of transforming Pakistan into a “Digital Pakistan.” Amir Ibrahim, CEO Jazz while addressing the guests explained that their company is transitioning from being a telecom company to a technology company.
National Incubation center project is not a CSR initiative as this is going to be the core of Jazz’s business
He described that Jazz has to invest in companies and partner with ideas if they are going to take part in transforming Jazz into a digital lifestyle player. He revealed that the mobile phones instead of just making calls, is now a remote control of life and they want to enrich the lives of their users using this integral part.
The NIC in the first year will house 40 startups with access to a state-of-the-art global facility. Services include free broadband internet, silent rooms, gaming zone, curriculum for startup education, best business leaders as mentors, and an innovation lab designed on international standards.