Realizing the importance of young entrepreneurs and their startups around the globe, The Indus Entrepreneurs (TiE) Islamabad has taken a huge step to promote and encourage such enterprises in Pakistan. Innovative and creative businesses run by young and inspiring entrepreneurs can go a long way in contributing to a country’s success. Therefore, Pakistan StartUp Cup 2015 is a project investing in young entrepreneurs.
TiE Islamabad has played an influential role in improving the entrepreneurial environment of Pakistan ever since its inception in June, 2008. It is led by a team of professionals each of whom have up to 20 years of experience in their relative fields. The firm uses events such as StartUp Cup 2015 to widen its international business base. TiE Islamabad itself in promoting and encouraging the young and talented entrepreneurs of Pakistan.
This StartUp Cup 2015 aims to polish and enhance the skills of these young entrepreneurs who might have the most innovative and creative ideas but lack the practical approach to start a new business that will yield profits. It offers a platform for Pakistan’s young entrepreneurs to showcase their business ideas and plans. The feature that makes StartUp Cup 2015 different from other competitions of the kind is that the 50% of its participants will be women entrepreneurs.
The StartUp Cup 2015 has come back on popular demand due to the huge success of the first Pakistan StartUp Cup in 2013, the winner of which went on to become the champion of the global StartUp Cup.
You don’t need to prepare any document in order to present your business idea in the event. A simple idea is enough to get applied, and even win the completion. All you need is to head to http://pakistan.startupcup.com/submit/. Here, you will find a short form that includes your personal details along with your business model details. The form has got simple business questions regarding your startup that you need to answer. After filling each field carefully, read it once again to check for any mistakes. Afterwards, simply click on Register. Follow the instructions afterwards.
Remember, you can apply for Pakistan StartUp Cup 2015 till 9th February. So, get your idea registered before the last submission date.
Other than an opportunity to learn a great deal, there are monetary rewards for the winners as well as an incentive to compete with each other. There is a prize of Rs. 1,000,000 for the winner of the competition, Rs. 750,000 for the first runner up and Rs. 500,000 for the second runner up.
The event is scheduled to be held in Islamabad during February. Want to learn more about the event? Simply, visit http://pakistan.startupcup.com/ to find out further information.
That’s all from our side. Stay tuned to MAG92.com to get updates regarding new entrepreneurs and startups in Pakistan!