The National Science & Technology Park’s (NSTP) TechOne NUST Incubator has secured the prestigious title of Pakistan’s premier incubation ecosystem by the Higher Education Commission (HEC) Pakistan. This recognition celebrates NSTP’s exceptional team, effective processes, and unwavering support for startups.
Their dedication has translated into impressive results. Incubated startups have collectively raised over PKR 10 billion, secured investments from renowned figures like Tim Draper, and seen over 150 successful graduations. Notably, The World Bank has also provided substantial funding, and over 20% of their startups are founded by women, demonstrating a commitment to gender equality and social equity.
NSTP’s achievements highlight their dedication to fostering innovation and progress. This recognition is a testament to the tireless efforts of their exceptional team and visionary leadership.
TechOne NUST Incubator, previously known as TIC, was established in 2005. Since then, it has played a pivotal role in nurturing Pakistani entrepreneurship, driving growth, and shaping the nation’s vibrant startup ecosystem.
A special shout out goes to Usman Ali for his dedicated work on the reports submitted to HEC Pakistan. Additionally, the NSTP Innovation Team, including Emmad Ahsan, Yaruq Nadeem, Humaira Sajjad, and Usman Ali, deserves recognition for their contributions to this remarkable achievement.
