September 22, 2022
As a part of the Pakistan Stock Exchange (PSX) Industry Awareness campaign, the PSX team visited National Incubation Center Lahore (NICL) at LUMS. The PSX team delivered a detailed presentation and explained the process of listing, regulatory requirements, accredited investors’ eligibility criteria, and how startups/greenfield projects can list at the PSX GEM board to raise growth capital for their business expansion. Pakistan Government has launched a great initiative for various startups to build Incubation Centers/programs in main cities. Basically, NICL provides advanced facilities to entrepreneurs like Makers Lab & Facebook Innovation Lab. It also facilitates a free-of-cost six months program, providing four months of free co-working space to high-potential startups. At present, NICL has 248 incubates, 136 graduate ventures, 70 female entrepreneurs, 150 mentors, and 100 investors. The session conducted by PSX at NICL was an interactive one and was much appreciated by NICL representatives.