Pakistan Unveils Major Startup Incentive Package to Boost Digital Economy
Muhammad Naeem:
Islamabad:Pakistan has introduced significant new incentives to strengthen its startup ecosystem, including equity-free grants through the Pakistan Startup Fund and nationwide subsidies for cloud services. The initiative aims to accelerate innovation, support early-stage entrepreneurs, and drive growth in the country’s digital economy.
The Ministry of IT and Telecom launched the initiatives under its flagship body Ignite. The programs include the Prime Minister’s Cloud Enablement for Startups, the Pakistan Startup Fund, and BridgeStart Pakistan support for global expansion.
Federal Minister for IT and Telecom Shaza Fatima Khawaja said the government is aligning with the Prime Minister’s Digital Nation Vision to boost technology-driven growth.
Several startups including Motovest, Paymo, Chaajao Tech, Sahl, Edversity and Wiser Machines received cheques and recognition for their achievements abroad.
Rafique Ahmed Burriro, CEO of Ignite, said the strategy combines infrastructure, financing and international exposure into a single ecosystem designed to support sustainable innovation.
Industry representatives say the shift could improve Pakistan’s visibility in global venture networks, and support job creation in high-growth technology fields.
