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NIC Peshawar’s Inaugural Graduation Ceremony is an important milestone for KPK’s entrepreneurial ecosystem

Pakistan Telecommunication Company Limited (PTCL) in its endeavour to provide support to startups incubated at National Incubation Center (NIC) Peshawar, participated in a graduation ceremony for their first and second cohort of startups.

“Dr. Khalid Maqbool Siddiqui, Federal Minister for Information Technology and Telecom, was the guest of honour at the graduation ceremony. The event was also attended by Shoaib Ahmad Siddiqui, Federal Secretary, IT & Telecom, Syed Shahzad Shah, Executive Vice President, Marketing & Corporate Communication, PTCL, Yusuf Hussain, CEO, Ignite, Atif Rais Khan, CEO, LMKT, senior members of the Khyber Pakhtunkhwa Government, as well as prominent leaders from Pakistan’s startups ecosystem.”, per PTCL press release issued on Monday.

NIC Peshawar Rocks Pakistan Startup Cup!

National Incubation Center, Peshawar

National Incubation Center, Peshawar hosted the inaugural Graduation Ceremony to celebrate the achievements of its 14 startups from 1st and 2nd cohort. Dr Khalid Maqbool Siddiqui Federal Minister for IT and Telecom, was the guest of honor for the ceremony.

“After today’s experience, I firmly believe that the Youth of KP will lead our nation in Innovation and Technology” , Dr Khalid Maqbool Siddiqui, Federal Minister for IT and Telecom, after attending the inaugural graduation ceremony at NIC Peshawar.

Dr. Khalid Maqbool Siddique, Federal Minister for IT and Telecom, Government of Pakistan, awarded to Graduation Certificates to our Startups.

The 14 graduating startups have created more than 470 direct and 1900 indirect jobs, raised over PKR 192 Million in investment and increased their revenue exponentially to more than PKR 120 Million.

Startups share their journey with the audience at Graduation Ceremony.

“For every Rupee the Government has put in, the private sector has invested seven,” said CEO Ignite Yusuf Hussain on at NIC Peshawar ‘s inaugural Graduation Ceremony.

CEO LMKT Atif Rais Khan reiterated the importance of public-private partnerships for successful projects like NIC Peshawar.

On the occasion, Murtaza Zaidi, Director, NIC Peshawar, said, “I would like to congratulate the graduating startups, who have played a monumental role in the development of KP’s entrepreneurial ecosystem. We are happy to have partners like PTCL, who have supported us throughout our journey. Moreover, I am proud to be part of NIC Peshawar that has added significant value to the province’s economy by enhancing the growth potential of the region’s local businesses and entrepreneurs.”

CEO LMKT Atif Rais Khan accompany Federal Minister of IT and Telecom Khalid Maqbool Siddiqui as the latter is shown around the at NIC Peshawar facility.

During facility visit, others officials were accompanied with him.

The NIC Peshawar inaugural ceremony was concluded with a note that ” It is not only an momentous occasion for the Center, it is also an important milestone for KP’s entrepreneurial ecosystem. “

Updated on 2:34 pm PKT | Mallahpost

Sources and images courtesy: NIC Peshawar’s official accounts.

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