Are you a startup, SME owner, or student in Khyber Pakhtunkhwa (KP) with an innovative idea? Here’s an opportunity you can’t afford to miss! The NIC Peshawar Innovation & Entrepreneurship Award 2024 has entered its Phase-II in collaboration with NUST x UNDP. This initiative, funded by USAID, aims to spotlight talent, offer critical resources, and help turn your ideas into thriving businesses. 🏆
⏰ Deadline Alert: Applications close on December 15, 2024. Mark your calendars and seize this opportunity! 📅
🌟 Why Apply for the Innovation & Entrepreneurship Award?
This award offers a robust platform to launch or scale your business. Here’s what’s in store for you:
- 🤝 Networking: Connect with industry leaders, fellow entrepreneurs, and potential investors.
- 🛠️ Resource Access: Enjoy free incubation at NUST, along with mentorship and industry placements.
- 💰 Financial Support:
- Financial incentives and support funds.
- Fully funded travel, boarding, and lodging.
- 10% additional financial incentive through low mark-up bank loans.
- 📈 Growth Potential: Guidance from experts on scaling your business.
- 🌟 Recognition: Get the visibility and exposure you need to thrive in your industry.
📝 Eligibility Criteria: Who Can Apply?
The award is open to Startups, SMEs, and Students who meet the following criteria:
🚀 For Startups:
- Based in KP or owned by individuals with a KP CNIC from selected districts.
- Focused on tech-based, creative, and innovative solutions.
- Idea should have a positive community impact.
🏢 For SMEs:
- Based in KP or owned by individuals with a KP CNIC from selected districts.
- Registered with a regulatory body and aligned with the State Bank of Pakistan’s SME definition:
- Small Enterprise: Annual sales up to PKR 150 million.
- Medium Enterprise: Annual sales between PKR 150 million and PKR 800 million.
- Must agree to match 20% of business development support funds for reinvestment.
- Should have innovative, tech-driven solutions with community impact.
🏆 Benefits of Participating:
Here’s a quick snapshot of what you gain by being part of this initiative:
- 💰 Financial Incentives to kickstart or grow your business.
- 🏫 Free Incubation at NUST.
- ✈️ Fully Funded Travel, Boarding & Lodging.
- 👨💼 Industry Placement opportunities.
- 🏦 Low-Interest Bank Loans with a 10% financial incentive.
- 🤝 Networking & Mentorship by industry experts.
🗓️ Application Deadline:
December 15, 2024 — Don’t miss out!
🔗 Register Now to take the first step toward transforming your idea into reality.
🌠 Make Your Mark in KP’s Entrepreneurial Landscape!
This isn’t just an award — it’s a launchpad for growth, innovation, and success. Whether you’re a budding entrepreneur, an SME ready to scale, or a student with a brilliant idea, this platform is designed to support and elevate your vision.
👉 Act fast and apply by December 15th to be part of KP’s innovation revolution! 🚀
