This document summarizes technology funding and incubation options available in major cities across Pakistan. It outlines various organizations that provide seed funding, mentoring, incubation space and business support to tech startups, including P@SHA Fund, Seed Ventures, Cyan Capital, Arpatech, and PLAN9. Several universities also have business incubation centers to support local entrepreneurs, such as NUST TIC, LUMS, UAF, and IBA Sukkur. Coworking spaces like Basecamp in Peshawer are also helping build tech communities.

1. Technology Funding
Options in Pakistan
January 2014
Shehryar Hydri
@sheryhydri

2. Karachi - 10
PASHA Fund for Social Innovation
+
P@SHA LaunchPad (Nationwide)
pashafund.com
In partnership with Google. Rs.
50,000 to 850,000 grants for
ideas with social impact. 12
companies awarded.
Also starting a new incubator in
2014
Seed Ventures / Incubation
seedventures.org
Mentoring, Incubation, Funding.
13 portfolio companies.
seedincubation.com
Cyan Capital
cyancapital.com
Arpatech
Arpatech.com
Breeze Angel Investments
breezecom.biz
Private Equity Fund for large
companies looking to raise more
than Rs. 700 mn.
Investments include
hubpower.com
and inboxbiz.com
Tech company + Early stage fund,
2-3 deals a year in US / Pakistan.
Prefer majority stake and
operational control. Portfolio
includes Eatoye.pk.
Tech company + Early stage fund,
2-3 deals a year. Prefer majority
stake and operational control.
Portfolio includes
Goodcoresoft.com
and
Facebook.com/TheGameLoop

3. Karachi - 10
DYL Ventures
Mentoring and funding. No public
portfolio companies.
dyl-ventures.com
DotZero
thedotzero.com/
Mini Ventures
miniventures.co
MIT Enterprise Forum Pakistan
mitef-pakistan.org
IBA CED Accelerator Program
(CEDAP)
ced.iba.edu.pk/acceleratorprog.p
hp
Industry events + Commercial coworking space for hire. Possible
funding between $5,000$250,000. No public portfolio
companies.
Industry events + early stage
mentoring and funding. No public
portfolio companies.
Industry events + BAP (Biz
Acceleration Program) with cash
awards and exposure to US
investors/market.
Entrepreneurship Development
and Accelerator Programs.
5 portfolio companies.

4. Lahore - 5
PLAN9
plan9.pitb.gov.pk
Venexel
Pakistan’s top incubator. 1200
applicants, 47 incubatees, 20
grads including Peercloud,
Eyedeus.com,
Hometownshoes.com
and Rocxial.com
venexel.com
Early stage mentoring and
funding. Match-making with
Technical Co-founders.
No public portfolio companies.
LUMS
Incubator starting in 2014
lums.edu.pk
Business Incubation Centre,
University of Veterinary and
Animal Sciences
uvas.edu.pk/centers/BIC/
Space and mentoring.
No public portfolio companies.
SMEDA (Nationwide)
Commercial loans up to Rs. 2 mn.
smeda.org

5. Islamabad - 7
NUST Technology Incubation Center
nust.edu.pk/INSTITUTIONS/Directo
rtes/TIC/Pages/default.aspx
Cloud 9 Startups
Subsidised office space and business
support. 13 incubatees including
Tunacode.com
and cricout.com
cloud9startups.com
Free incubation space and seed capital
up to Rs. 1 mn. Access to mentor
network. 3 portfolio companies include
Hybridsignals.com, Meritaleem.com
and Obeeble.com
The Indus Entrepreneurs Islamabad Chapter
islamabad.tie.org
Industry events + access to angel
investor network.
No public portfolio.
Invest2Innovate (Nationwide)
Virtual Accelerator for Social Enterprises.
$100k-$250k funding range.
Equity/Profit mix, averaging 3% to 5%
for-profit enterprises)
5 portfolio companies.
invest2innovate.com
ICT RnD Fund
ictrdf.org.pk
Jumpstart Pakistan
jumpstartpakistan.com
COMSATS Incubation Centre
comsats.edu.pk/bic/Default.aspx
Research and Development related
grants for industry-academia
partnerships. Several million rupees
available depending on project type.
Over 80 projects funded.
Incubation space and see funding +
mentoring. 1-2 companies per year.
No public portfolio companies.
Incubation space and business support.
2 incubatees include
Ranicautomation.com,
intesol.biz

6. Other Cities - 5
KPK Incubation Center, Peshawer
kpincubation.gov.pk
Technology Incubation Center
(TIC), University of Engineering &
Technology, Peshawar
nwfpuet.edu.pk/tic/tic.html
Basecamp
www.Basecamp.pk
Business Incubation Center
University of Agriculture,
Faisalabad.
Incubation space and business
support.
Funding up to Rs. 1 mn. No public
portfolio companies.
Incubation space and business
support.
2 incubatees include
appfactor.net and
hortonsden.com
Peshawer’s first co-working
space has become a hub for the
local tech community. Residents
include Startupweekend
Peshawer, TDL, Sweet Pixel
Studios, Peshawer 2.0 and TEDx
Peshawer.
Incubation space and business
support.
No public portfolio companies.
uaf.edu.pk/bic/bic_introduction.
html
The Center for Entrepreneurial
Leadership & Incubation, IBA,
Sukkur
http://www.siba.edu.pk/CELInc/
social.htm
Incubation space and business
support.
1 incubatee. Pakistan News Cloud
pakistannewscloud.blogspot.com