PITB (The Punjab Information Technology Board) launched the Regional 9 Plan. The regional plan9 is a network of incubators that are used for the technology startups in overall the province. This emerged on Monday.
PITB is going to start the nine incubation centers in different cities of Pakistan. Including Bahawalpur, Dera Ghazi Khan, Lahore, Faisalabad, Multan, Rawalpindi, Sahiwal, Gujranwala, and Sargodha along with the public sector universities. This statement was issued from the board. Furthermore, it’s added that these centers will start their work from April in Bahawalpur, Lahore and Sargodha.
According to the statement regarding the elaboration of the board’s plan that the Regional Plan9 has a purpose for inculcating a technology to drive the entrepreneurial mindset throughout the province. This is also the key to strengthening and expanding the ecosystem’s startup.
Those startups that will be chosen, will allow a different number of services. Such as networking opportunities, free office space, monthly stipends, training and mentoring.
In addition, it was said that the program is actually based on a zero-equity model. In that statement, every service is targeted and tailored for supporting, sustaining and enabling the startups. So that it could transform their concept into a functional service.
Moreover, it was said that the project will boost up the provision of equitable access for the entrepreneurial chance all over Punjab.
In the selection process, the Plan9 of the regional is going to hold “The Launchpad for indicating the startups for using a judicious process and eligibility criteria which is involved by the domain experts.
According to the PITB statement, the mentors, academicians and Professionals from the industry will also present at that event. Besides the centers are situated in Sargodha, Lahore, and Bahawalpur. However, the date is no announced yet. Lahore is commencing operations in ongoing month.