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Top 10 Incubation Centers in Pakistan 2020

Are you looking for business funding or the best incubation centers in Pakistan? You are at the right place. Startups Opportunity brings you the latest list of Top 10 Incubation Centers in Pakistan. The majority of these business Incubators programs are providing guidance by the professionals, workspace, mentorship, and access to investors and firms which invest in Pakistani Startups.  Can anything be better than that for your business? Keep reading, learn, and apply for the best Incubation centers in Pakistan.

List of Top 10 Incubation Centers in Pakistan:

The following incubator programs are the best places for Pakistan’s tech entrepreneurs to polish their skills and find their rightful place in the market.

  1. Plan9
  2. Microsoft Innovation Center
  3. Technology Incubation Center, NUST
  4. Pasha Fund
  5. Telenor Velocity
  6. SMEDA
  7. Invest2Innovate
  8. LUMS Center for Entrepreneurship
  9. Social Innovation Lab
  10. The Incubator

Let’s discuss one by one in detail.

1. Plan9

Plan9 (a project of the Punjab IT Board) is one of the best and largest IT-based startups incubators in Pakistan. It incubates startups from all cities of Pakistan and provides them fully furnished workplaces free of cost, monthly stipend, mentoring opportunities, office equipment, and much more. They have successfully produced 66 startups so far including famous companies like Markhor, Sukoon.ai, Patari, Sportskot, Pantera Energy, Wifi Gen, SmacFactory, and are currently supporting 13 startups.

Office Location: Lahore

For more info, visit their official website: Plan9

2. Microsoft Innovation Center

Microsoft Innovation Center connects entrepreneurs to resources and provides all the support and facilities they need to grow their businesses. The Microsoft Incubation Centers are situated across the world at 100+ locations with success stories from different countries. MIC offers a 12-week long training program, in April there is a MIC Demo Week in which a global audience observes the product demonstration of entrepreneurs and they receive feedback from experts. Currently, the MIC incubator is working with over 35 startups.

Office Location: Lahore

For more info, visit their official website: Microsoft Innovation Center

Also Read: List of Best Startup Opportunities after COVID-19

3. Technology Incubation Center, NUST

TIC NUST is an initiative of the National University of Science and Technology. Another one of the best Incubation centers in Pakistan which provides a nurturing environment to tech-based startups or business ideas.  TIC NUST is the first tech-based Incubation center in Pakistan in 2005. TIC has produced a total of 11 successful companies and is currently supporting 25 startups. They also provide a unique platform for students where they get a chance to commercialize their product and final year project.

Office Location: Islamabad

For more info, visit their official website: Technology Incubation Center, NUST

4. Pasha Fund

Pasha’s organization provides funds to innovative tech-based ideas that have a social impact. In partnership with Google for Entrepreneurs, Pasha Funds provided funds to 12 startups.

Office Location: Karachi

For more info, visit their official website: Pasha Fund

5. Telenor Velocity

Telenor Velocity is a Telenor’s Pakistan initiative. The incubator selects startups from partners i-e other incubators, and support these startups to get access to market, distribution, and payment gateway.

Office Location: Islamabad

For more info, visit their official website: Telenor Velocity

Also Read: List of Top Incubators and Accelerators for Health Care Startups

6. SMEDA

Small and Medium Enterprises Development Authority (SMEDA) is an organization Govt. of Pakistan that provides working spaces and business development services to small and medium business enterprises. Currently, SMEDA is working on 28 projects with a total expenditure of 4.2 Billion.

Office Location: Lahore

For more info, visit their official website: SMEDA

7. Invest2Innovate

It is basically an accelerator with an annual program; Invest2Innovate provides consultancy, training, and leadership development along with a strong angel investor community and a team of over 35 local mentors.

Office Location: Lahore, Islamabad and Karachi

For more info, visit their official website: Invest2Innovate

8. LUMS Center for Entrepreneurship

If you are creating a list of top incubation centers of Pakistan and didn’t mention LUMS Center for Entrepreneurship, it’s unfair.  GUST Accelerator Report 2015 for Asia and Oceanic Region, ranked The LUMS Centre for Entrepreneurship No. 1 in Pakistan. LCE is an equity-based incubator providing a co-working space to selected startups, monthly stipends, and access to investors. They also offer a thriving 4-month training program for startups which shows potential to train them for the business world.

Office Location: Lahore 

For more info, visit their official website: LUMS Center for Entrepreneurship

9. Social Innovation Lab

Social Innovation Lab is Pakistan’s only social enterprise incubator for the passionate social innovators who has a unique business idea but lack of experience or funding to realize their vision. SIL offers a 4-month mentorship program, which covers rural development, humanistic prospectives on poverty alleviation, and inclusive marketing with the latest insights on sustainable business practices and growth.

Office Location: Lahore

For more info, visit their official website: Social Innovation Lab

10. The Incubator

The Incubator is an initiative of Ghulam Ishak Khan Institute partnered with the Government of KP. GIK Incubator focuses on providing free office spaces, internet, computer facilities, and monthly stipend along with technical guidance and mentoring for final year students and fresh graduates. The main objective of GIK Incubator is to provide a better platform for entrepreneurs to develop tech-based businesses.

Office Location: Topi, Swabi, Khyber Pakhtunkhwa

For more info, visit their official website: GIK Incubator   

Also Read: List of Startup Investors and Firms which Invest in Pakistani Start-ups     

With the advancement in leadership and entrepreneurship awareness in Pakistan, the demand in startups incubation centers in Pakistan are also rising. Startups founders tend to execute their plan and business ideas. So these are the best places to go to get a boost in your startups and gain professional training from experts in the industry.

Hope you like the Top 10 Incubation Centers in Pakistan from our side. Don’t forget to share it with your friends, if they are looking for an incubator center.