Tech Incubation
The start-up ecosystem of Pakistan has witnessed a sea change over the last few years in terms of interest and overall investments from different public and private stakeholders. Incubation and start-ups go hand in hand in the realm of entrepreneurship in the country. While this may be a recent phenomenon in Pakistan, working with start-ups and incubation is not a new concept at LMKT. The company has an over decade-long history of investing in innovative businesses and ideas.
LMKT has always had a keen interest in the start-up and social enterprise ecosystem of Pakistan. The company is committed to extending promising impact-based start-ups with quality incubation programs; mentor and investor networks; and access to financial, technical and professional resources.
LMKT has always had a keen interest in the start-up and social enterprise ecosystem of Pakistan. The company is committed to extending promising impact-based start-ups with quality incubation programs; mentor and investor networks; and access to financial, technical and professional resources.
National Incubation Centers
The Company has partnered with the Ministry of Information Technology and Telecom’s Ignite National R&D Fund to setup world-class National Incubation Centers in Peshawar, Karachi and Hyderabad. These facilities aim to afford a conducive space to enable and catalyze innovators and start-ups in creating inventive, disruptive and sustainable solutions to tackle some of the most challenging problems faced by our society.
NIC Karachi
National Incubation Center Karachi is an LMKT-operated facility created to serve as a catalyst for Sindh and Pakistan’s economic development. The Facility started its operations in May 2018 and has since inducted 224 startups into its Hatchery and Accelerator programs.
NIC Peshawar
Situated in the heart of KP, National Incubation Center Peshawar is a joint initiative of LMKT and PTCL that aims to build a thriving entrepreneurial ecosystem in Khyber Pakhtunkhwa. NIC Peshawar has incubated more than 160 startups and has raised an investment of more than 700 million.
NIC Hyderabad
The latest addition to LMKT’s tech footprint; NIC Hyderabad is a PTCL and LMKT operated facility, created to serve as an innovation hub for the youth of Sindh. Through the incubation program, startups are offered unrivalled access to tailored programmes, networking opportunities and mentorship from some of the brightest business minds in the country. The first cohort of NIC Hyderabad is incubated currently with 20 startups.
Featured Project
- ICT R&D Fund project of establishing National Incubation Center in Peshawar