NETSOL Technologies Pvt Limited’s Incubator, NSPIRE, partners with Pakistan’s largest technology accelerator, PlanX, to support the entrepreneurial ecosystem.
Signing the MOU
NSPIRE, the technology incubator started by leading innovator, NETSOL Technologies Pvt. Limited has officially signed a Memorandum of Understanding (MOU) with PlanX, Pakistan’s largest technology accelerator. The signing ceremony took place at the PlanX office in Arfa Technology Park.
On this occasion, Head of NSPIRE, Ayub Ghauri, remarked, “This collaboration between two industry giants will be extremely beneficial for the startup eco-system. PlanX has a wealth of knowledge when it comes to R&D and NETSOL Technologies has the ability to make business commercially viable, teaming up, we can ensure productivity and success in the entrepreneurial sector.”
Empowering the Ecosystem
Both parties have joined hands to ensure the productivity and stability of the entrepreneurial eco-system and through this partnership, they hope to encourage and facilitate young startups in the best possible manner. Being pioneers in their fields, a lot can be expected from this collaboration as both parties are determined to create a supportive environment for budding startups.
PlanX | MIT Enterprise Forum’s, Director Hafsa Shorish, mentioned, “The collaboration between NSPIRE and PlanX further cements the fact that PITB and ITU are at the forefront of strengthening the budding ecosystem along with other stakeholders. We hope to add value to the startups on both sides.”
The two aim to empower the ecosystem through the following:
1)PlanX and NSPIRE will launch events to support the ecosystem, more updates on the schedule will be uploaded on their pages.
2)Startups and founders will benefit from the ‘Mentors Exchange Program’. Both parties will support the startups and engage the appropriate mentors for relevant input.
3)PlanX will share the learning of the acceleration with NSPIRE team and support on areas of concern.
4)Netsol will support planX with their community and network engagement.
More about NSPIRE and PlanX
NSPIRE is an incubation service launched by Netsol to help founders develop proactive market solutions. NSPIRE aims to develop both tech and non-tech startups who find it hard to expand into new markets. Successful startups can access Netsol’s existing clients and services.
Fintech companies and other startups may look forward to serious industry engagements and rely on NSPIRE’s personal introductions and connections.
Similarly, PlanX as an accelerator connects startups to global mentors and helps develop meaningful partnerships, scalability, trainings and investment opportunities.
PlanX aims to empower commercially viable mid-stage technology startups by providing access to multiple funding channels, specialized network of mentors and global exposure to establish high impact businesses.
The goal is to bridge the gap between technology and businesses by providing facilitation in the shape of access to mentors, connection with angel investors and venture capitalists and support in gaining exposure to global markets.
We know that incubators and accelerators are looking for ways to produce the best results and differentiate themselves to attract high-quality initiatives. We hope that industry collaborations like these will add value to the startups and the nascent ecosystem. For many this may just be another news but for budding entrepreneurs this may be an opportunity for successful partnerships!
Information Source: NSPIRE