PITB announces the launch of Regional Plan9 – incubators for technology startups across the province

The board further added that the centers in Lahore, Bahawalpur, and Sargodha would start functioning in April. 

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PITB announces the launch of Regional Plan9.

According to reports, the Punjab Information Technology Board (PITB) has launched Regional Plan9 — a network of incubators for technology startups across the province. The announcement of the initiative’s launch was made on Monday.

In a statement, the board said:

To further the initiative, PITB will launch nine incubation centers in Lahore, Bahawalpur, Dera Ghazi Khan, Faisalabad, Multan, Rawalpindi, Gujranwala, Sahiwal, and Sargodha in partnership with public sector universities.

The board further added that the centers in Lahore, Bahawalpur, and Sargodha would start functioning in April. 

Details about the Regional Plan9 Initiative

According to the statement,  Regional Plan9 aims to inculcate a technology-driven entrepreneurial mindset across the province that will be the key to expanding and strengthening the startup ecosystem.

Reports state that the selected startups will be provided several services, including free office space, monthly stipends, networking opportunities, mentoring, and training under the initiative.

The statement added:

The program is based on a zero-equity model. Each service is tailored and targeted to enable, support, and sustain the startups to transform their idea into functional products/service.

Stating the aim of the project, the statement read:

By harnessing the collective power of technology and entrepreneurship, the project is geared towards empowerment by providing equitable access to entrepreneurial opportunities across Punjab.

Selection Process of the Regional Plan9

In the first phase of the selection process, Regional Plan9 will hold “The Launchpad” which will induct startups using eligibility criteria and a judicial process that involves input by domain experts.

Professionals from the industry, mentors, and academicians will be present at the launchpad event. The date for this launch event has not been announced by the board yet.

Click here to access the application form and know more details about the Regional Plan9 Launchpad.

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