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Sunday June 22, 2025

Startups gain boost as EO teams up with NIC Karachi

By Our Correspondent
May 16, 2025
In this photograph taken on May 24, 2019, Pakistani youngsters work at their desks at the National Incubation Centre (NIC), in Lahore, Pakistan.—AFP
In this photograph taken on May 24, 2019, Pakistani youngsters work at their desks at the National Incubation Centre (NIC), in Lahore, Pakistan.—AFP

KARACHI: Entrepreneurs’ Organisation (EO) has partnered with the National Incubation Centre -- Karachi to empower its founders under its accelerator programme. This programme has been designed specifically for founders and business owners generating between $250,000 and $1 million in annual revenue, a statement said on Thursday. This powerful initiative is now available to early-stage entrepreneurs in the country, offering a structured pathway for business owners striving to scale their ventures beyond the $1 million revenue mark. The programme fills a crucial gap in Pakistan’s entrepreneurial ecosystem by providing these growth-minded individuals with a global curriculum, strategic mentorship, and unparalleled networking opportunities.

EO Accelerator’s arrival in Pakistan is part of a broader vision to support entrepreneurship as a key driver of economic growth, job creation, and innovation. With Pakistan’s startup ecosystem gaining international attention and investment, EO’s global platform provides Pakistani entrepreneurs with the credibility and connectivity needed to thrive in global markets.

Yasmin Dadabhoy has been appointed as president for Pakistan Chapter. Usama Sultan Shamsi assumed the role of EO Accelerator chair for Karachi, Dr Noman Said as the co-chair for Karachi, and Rizwan Ahmed as co-chair MarCom.

“This is a monumental step in building a stronger pipeline of successful companies in Pakistan,” noted Noman Ahmed Said, technopreneur and co-chair. “EO Accelerator can play a transformational role for founders who have the drive but need structure, mentorship, and community to scale.”“This programme is not just about growth in numbers -- it is about developing leadership capacity, fostering accountability, and creating a mindset shift that helps entrepreneurs truly thrive,” he said.The EO Accelerator programme includes quarterly learning days facilitated by experts, monthly accountability group sessions, one-on-one mentorship, and access to EO’s global community of more than 18,000 entrepreneurs across 76 countries.