A new report by Fulbright Program researchers, including Fizza Khalid of NUST, Chris Carr, and Dr. Owais Golra, explores the role of Family Offices in fostering Pakistan’s startup scene.
The report highlights the potential of Family Offices, which manage the wealth of affluent families, to provide crucial investment for emerging businesses. The researchers delve into strategies to incentivize these families to invest more locally.
The study emphasizes the need for several key improvements to create a more robust ecosystem. Building better databases of potential investments, implementing readiness and awareness programs for both Family Offices and startups, and providing corporate governance training are all seen as critical steps. Additionally, the report calls for tax and regulatory reforms to create a more attractive environment for investment.
“Huge thanks to all participants for helping us understand the challenges and opportunities for Family Office investments,” said Fizza Khalid. The report acknowledges the contributions of the National Science & Technology Park in facilitating the research collaboration.
The full report, detailing findings and recommendations, is now available for public access. This research could prove valuable in shaping policies and initiatives to encourage Family Offices to play a more significant role in propelling Pakistan’s startup ecosystem forward. Find the full report, findings, and recommendations here; https://lnkd.in/deg6B6ct
