The two-month cohort II induction process at NIC Hyderabad has been a tremendous achievement, and we are thrilled to announce that the event was a success! The event saw 222 applications received, with 88 applications shortlisted for further evaluation. Top-notch industry professionals evaluated each startup over five days, with 18 startups presenting their pitches every day.
It is noteworthy that 23 female startup founders took part in the program. Participants were astounded by the innovative and promising startup ideas from every sector, including artificial intelligence, big data, blockchain, security, fintech, media technology, the internet of things, sharing economies, agriculture technology, cleantech, mobility, logistics, and transportation, education technology, software as a service, health, and e-commerce.
Our honorable judges were impressed with the ideas presented and the talent they saw in our youth. They provided valuable feedback and guidance to the startups on their path to success. The startups from various cities, such as Hyderabad, Bhit Shah, Umerkot, Sukkur, Jamshoro, Islamabad, Shahdadpur, Nawabshah, Karachi, Swabi, Mandi Bahauddin, and Tharparkar, were enthusiastic about their startup ideas.
The event was hectic but seeing all of the incredible talents that passed through our doors made us proud and worthwhile.
NIC Hyderabad has successfully completed Cohort II, and we are proud to have positively impacted the startup ecosystem. We are committed to supporting and nurturing the growth of local startups and entrepreneurs, and we look forward to supporting these 30 startups as they continue to grow and develop their businesses.
As a leading incubation center in Asia, NIC Hyderabad offers various services to support startups, such as mentorship, networking opportunities, access to resources and funding, and training and development programs to support startups. These services are designed to provide the necessary support and resources to take startups to the next level.
Pakistan’s startup ecosystem is rapidly evolving, and NIC Hyderabad is at the forefront of this disruption. With a growing number of successful startups, Pakistan’s startup ecosystem is attracting the attention of investors and entrepreneurs from around the world. NIC Hyderabad continues to support and contribute to the development of Pakistan’s startup ecosystem on a global scale.