Khuzaima Saeed, founder of Paymo, has credited the National Incubation Center Lahore for playing a significant role in helping his startup move forward, highlighting the impact of structured incubation support on early-stage entrepreneurship in Pakistan. Saeed’s journey with Paymo reflects the broader path taken by many founders who rely on incubation centers to access mentorship, resources and networks that are often difficult to secure independently in the early stages of building a company.
The National Incubation Center Lahore, part of a network of incubation centers established with support from Ignite National Technology Fund, has positioned itself as a platform for helping startups like Paymo refine their business models and scale their operations. Saeed’s experience underscores how incubation support extends beyond initial funding, often providing founders with structured guidance during the critical early phases of building and growing a startup.
The recognition of Paymo’s progress comes as part of a wider effort by Ignite National Technology Fund, the Ministry of IT and Telecommunication, and the Pakistan Software Export Board to spotlight founders contributing to the country’s startup ecosystem. These organizations have continued to play an active role in supporting incubation infrastructure across Pakistan, aiming to create more pathways for entrepreneurs to take their ventures from early ideas to functioning businesses.
Paymo’s continued development through NIC Lahore’s incubation programme illustrates the practical role that such institutions play in Pakistan’s broader startup landscape, where access to mentorship and structured support remains a key factor in determining whether early-stage companies are able to grow and sustain themselves over time.
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