- February 27, 2023
- Posted by: Muzammil Ahmed
- Categories: News, Technology Incubation
LMKT’s Startup Showdown took place at ITCN Asia Islamabad edition on 25th February 2023. The competition featured 17 startups incubated by the National Incubation Centers (NICs) from various cities in Pakistan, including Hyderabad, Peshawar, Karachi, Islamabad, and NICAT. The event aimed to provide a platform for budding entrepreneurs to showcase their innovative ideas and compete for a cash prize of 100,000 PKR.
The event was a resounding success, with each startup bringing unique and innovative ideas to the table. The pitches were impressive, and it was clear that the participants had put in a lot of effort and hard work.
And the winner is…
The judges, Samina Rizwan, Rohma Labeeb, Aalishan Akhtar, and Nabeel Najam, had a tough job in selecting the winner. However, after careful deliberation, Fresh Factor, a startup incubated by NIC Islamabad, emerged as the winner of the competition. The winning position was tied with Indaraj, a NIC Hyderabad incubated startup, but the judges made a unified decision to select the winner.
The event’s host was NIC Peshawar’s Bilal Farooq and featured opening remarks by Project Director NIC Peshawar, Asim Ishaq Khan, and closing remarks by CEO Ignite, Asim Shahryar Husain. CEO LMKT, Atif Rais Khan, also joined the event and shared his thoughts on the importance of events like these in promoting innovation and entrepreneurship in Pakistan.
Speaking about the event, CEO LMKT, Atif Rais Khan said,
Startups are the lifeblood of innovation, and we at LMKT are committed to supporting and nurturing the ecosystem to help create a better future.
The event was a great success in showcasing the potential of the startup ecosystem in Pakistan and the role of the NICs in supporting and nurturing new businesses.
Overall, the LMKT Startup Showdown was a celebration of innovation, entrepreneurship, and the potential of the Pakistani startup ecosystem. It provided an excellent platform for budding entrepreneurs to showcase their ideas, connect with industry experts, and compete for a cash prize. The event was a testament to the hard work and dedication of the participants and the support and commitment of LMKT and the NICs to promoting entrepreneurship in Pakistan.
About LMKT:
LMKT is a full-service technology company based out of Pakistan offering scalable IT solutions. Formally incorporated in 2010 the company has a pedigree of nearly three decades. LMKT specializes in smart cities, smart buildings, integrated security, e-governance, clean technology and agri-tech solutions in its pursuit to support the country’s fast growing economy and rapid urbanization.