LAHORE: The Punjab Information Technology Board (PITB) and Sweden-based Nutty Ventures AB have signed a memorandum of understanding (MoU) to work in collaboration for the promotion of local startups.
Punjab Minister for Higher Education and Information Technology Raja Yassir Humayun Sarfraz presided over the ceremony held at Arfa Software Technology Park on Friday. PITB Chairman Azfar Manzoor, PITB Joint Director Hammad Bin and Head of Freelancing Wing Ahmad Islam Syan were also present.
PITB DG e-Governance Sajid Latif and Nutty Ventures AB Strategic Adviser Naimulabad signed the MoU on behalf of their respective organisations.
Under the agreement, PITB and Nutty Ventures will collaborate to provide increased exposure to Pakistani startups in Sweden, create tailor-based coaching opportunities for Pakistani startups, strengthen acceleration programmes and build opportunities for international investors and venture capital funds for Pakistani startups.
Mr Sarfraz said: “The government envisions technology as an engine of economic growth as ICT interventions are opening new frontiers every day especially for freelancers and aspiring entrepreneurs.”
“Our aim is to provide best-in-class coaching to startups so that they can compete at an international level for visibility and necessary funding for accelerating growth.”
He said the partnership would provide exciting opportunities to local startups besides strengthening existing programmes in entrepreneurship and freelancing...
Read Full Story: https://www.dawn.com/news/1666857/pitb-signs-mou-to-promote-pakistans-startups-in-sweden
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