Three new businesses have their entry applications approved by NSTP.

The National Science and Technology Park (NSTP) SEZ committee approved the entry applications of three new firms in its third meeting. The firms will have significant FDI that will boost the confidence of foreign investors in Pakistani tech startups. Following the establishment of the NSTP in NUST, Islamabad, as a Special Economic Zone (SEZ), the colonization of the area started with the entry of domestic and international R&D-based businesses, with 25+ firms already receiving the Zone Enterprise Status in the committee's first two meetings in the year 2022. The applicants include PriceOye, an e-commerce company developing [...]

NSTP and Open Silicon Valley sign MOA to bridge gap between Pakistani Startups and Silicon Valley Investors

The National Science & Technology Park at the National University of Sciences and Technology (NUST), has signed an MOA with the OPEN Silicon Valley to support and promote the growth of Pakistani startups at a global level. The agreement was signed between Dr Rizwan Riaz, Pro-Rector RIC (NUST) & VP NSTP, and Junaid Qurashi, President of OPEN Silicon Valley. Under the agreement, the two organizations will collaborate in the areas of Science, Technology and Entrepreneurship, as well as Human Resource Development through upskilling and knowledge sharing. OPEN Silicon Valley will provide mentorship and will also connect selected startups with investors in the valley. [...]

UAE Ambassador to Pakistan, H.E Hamad Obaid Ibrahim Salem Al-Zaabi, visited NSTP

UAE Ambassador to Pakistan, H.E Hamad Obaid Ibrahim Salem Al-Zaabi visited National Science & Technology Park (NSTP) at #NUST Islamabad Campus on January 26, 2023. The Ambassador was received by the Pro-Rector RIC & VP NSTP, Dr Rizwan Riaz and Director NSTP, Dr Salman Raza Naqvi. During the visit, the Ambassador met with high-tech companies and start-ups incubated at the Science Park including Rapidev, LearnOBots, mimAR, Expertflow, Zaheen Systems and Xylexa, Inc. He was also briefed about the Hatch8 programme of NSTP which is a cohort-based programme aimed at helping early-stage startups. The Ambassador expressed his [...]

Turkish Cyber Security firm, PENTECH, opens R and D office in NSTP

Leading Turkish Cyber Security firm, PENTECH BİLİŞİM TEKNOLOJİLERİ SANAYİ VE TİCARET LİMİTED ŞİRKETİ (PENDC) headquartered at Ovaakça Education District, has signed an agreement with #NSTP for opening R&D center at the park. This state-of-the-art facility will allow dedicated professionals to continue pushing the boundaries of cybersecurity innovation and protection and will be mutually beneficial to NUST and PENTECH.  Being located NSTP (NUST University), the R&D office will foster collaboration and partnerships for the development of new and improved cybersecurity solutions. The ceremony was graced by Dr Rizwan Riaz, Pro-Rector RIC & VP NSTP with Mr. Sohail [...]

NSTP joins hand with US Embassy to Rising Startup Competition for Minorities & Women

Pakistan’s first STP, the National Science &Technology Park, in collaboration with US Embassy, has launched the Rising Stars Startup Competition for Minorities at NUST.   The launching of the Startup Competition was part of the Hatch 8 Cohort 3 graduation ceremony held at NSTP on the 22nd of December. The Minister for Planning and Development Mr. Ahsan Iqbal graced the occasion as the Chief Guest.   Designed by NSTP to increase the quality and quantity of entrepreneurs from marginalized and underprivileged communities of Pakistan, the primary objective of the Program is to increase the presence of diverse leaders [...]

16x Startups Graduate from Hatch8 Cohort 3

The National Science &Technology Park at NUST held the Graduation Ceremony of the 3rd cohort of its Hatch 8 programme at the NUST main campus on Thursday. As many as 16 startups built upon disruptive ideas have graduated as part of the third cohort. Hatch 8 is a cohort based pre-incubation programme of NSTP, which admits entrepreneurs at the idea stage of their product development and transforms them into viable businesses in due course of time.   Mr Ahsan Iqbal, Federal Minister for Planning, Development & Special Initiatives, was the chief guest who felicitated the startups upon [...]

NSTP arranged conference on ‘Fostering Entrepreneurship through Incubation’

A one-day conference on ‘Fostering Entrepreneurship through Incubation’ was arranged by NSTP (National Science and Technology Park). The purpose of the conference was to bring together international and national stakeholders from Incubators, Accelerators, Associations, Co-working spaces and Entrepreneurs on a single platform to enhance the outcome of the incubation programs in Pakistan. Special Assistant to Prime Minister (SAPM) on Youth Affairs, Shaza Fatima Khawaja, was present as the Chief Guest at the conference. Since its inception, NSTP has been committed to simulating and nurturing innovation-led germination and growth of hi-tech entities. Continuously undertaking conferences, trainings and [...]

4x NSTP Startups won seed funding of $35,000 through ISF fund.

Innovator Seed Fund (ISF) is an initiative of HEC’s Higher Education Development Programme (HEDP) that aims at engaging entrepreneurs and upcoming aspirants who want to convert their business ideas into action. Under ISF, a package of support and seed funding is awarded to early-stage start-ups through HEC-recognised Business Incubation Centres (BICs) at universities. Under ISF, HEC conducted the pitching competition for 26 start-up applicants out of which 4 startups were from NSTP Incubator, TechOne, which have been shortlisted from a pool of 186 applicants. Startups from TechOne Incubator that won seed funds include Ez Geyser, mimAR, [...]

How to Raise VC Funding from Silicon Valley?

Orbit is an augmented reality-based interactive learning tool that empowers classrooms with real-time stimulation to strengthen the students’ learning processes. The startup has recently raised seed funding from Boost VC. Below are the excerpts of the talks with the founders of the startup with Manager Innovation, Yaruq Nadeem.    Yaruq Nadeem: What were your career goals at the beginning? Naveera: Well, ending up with a startup never really was on my to-do list. I wanted to have a good job and that was pretty much it, at the beginning. Wajeeha: Same goes for me. I wanted [...]

Three NSTP Startups to present at GITEX Global

3x NSTP-based startups have made it to being presented to the Middle East Market at GITEX Global this year, which include XpertFlow, Orbit, and Data BI. GITEX Global is the world’s largest tech gathering, inculcating the show of global products and solutions with diverse industry applications. XpertFlow is a startup focused on developing decision support systems for healthcare professionals. Comprising both software (AI Model) and hardware (Medical IOTs), the product can predict Sepsis six hours before onset and other life-threatening medical conditions from a single wearable biosensor device. All in all, it reduces the mortality rate [...]

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