Jazz, the leading telecom service provider in Pakistan, has been playing a significant role in promoting innovation and entrepreneurship in the country. The company has launched various initiatives to support Pakistan’s start-up ecosystem, including the National Incubation Center (NIC) and Jazz xlr8. In this article, we’ll explore Jazz’s contribution to Pakistan’s start-up ecosystem and how it is helping to create a more innovative and entrepreneurial culture in the country.
National Incubation Center (NIC)
The National Incubation Center (NIC) is a flagship project of Jazz in collaboration with the Ministry of Information Technology and Telecom and Ignite, a national technology fund. The NIC is a technology hub that provides state-of-the-art facilities, mentorship, and funding to start-ups in Pakistan. The center aims to nurture innovative ideas and transform them into sustainable businesses that contribute to Pakistan’s economy. You can visit Jazz Monthly WhatsApp Packages.
Since its inception in 2017, the NIC has incubated over 150 start-ups, providing them with mentorship, training, and funding. The start-ups incubated at the NIC have created over 3,500 jobs and have raised over PKR 4.4 billion in funding. The NIC has become a hub of innovation and entrepreneurship in Pakistan, attracting local and international investors and entrepreneurs.
Jazz xlr8
Jazz xlr8 is an accelerator program launched by Jazz in partnership with the NIC. The program aims to support start-ups in Pakistan by providing them with mentorship, training, and funding. Jazz xlr8 is a 4-month program that helps start-ups accelerate their growth and scale their businesses.
The program provides start-ups with access to Jazz’s vast network of customers, resources, and technology. Start-ups selected for Jazz xlr8 receive a seed investment of up to PKR 2 million, mentorship from industry experts, and training on various aspects of business management. You can also check Mobilink Jazz SMS Packages.
Since its launch in 2017, Jazz xlr8 has supported over 25 start-ups, providing them with funding and mentorship. The start-ups supported by Jazz xlr8 have gone on to raise additional funding and create jobs in Pakistan’s economy.
Conclusion
Jazz’s contribution to Pakistan’s start-up ecosystem has been significant, with initiatives like the National Incubation Center and Jazz xlr8 providing critical support to start-ups in Pakistan. These initiatives are helping to create a more innovative and entrepreneurial culture in Pakistan, attracting local and international investors, and creating jobs in the economy. Jazz’s commitment to supporting the start-up ecosystem in Pakistan is commendable and is making a positive impact on the country’s economy.
