The first pitching competition of Pak Impact Invest was held online on May 22 and 23 in which 29 startups from Ignite’s National Incubation Centers, Ignite funded projects and AP’s network pitched their business plans to national and international investors from North America, Europe, and Pakistan.
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Software Technology Parks to Be Set Up In Rawalpindi and Faisalabad
In a major development towards enhancing the IT industry growth in Pakistan, two MoUs (Memorandum of Understandings) were signed on Thursday for setting up software technology parks in Faisalabad and Rawalpindi.
A ceremony in this regard was held at committee room of Ministry of IT. Federal Secretary Ministry of IT & Telecom Shoaib Ahmad Siddiqui was chief guest .
The software technology park in Faisalabad would be set up at Sitara Chemical’s Ali Fatima College of Science & Technology with a space of 19,500 sq.ft and is the first-ever software technology park to be set up in Faisalabad.