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Thursday, April 25, 2024

Technopreneurs seek better US ties - The Express Tribune

Last updated Sunday, November 20, 2022 01:05 ET

Silicon Valley trainer tells Pakistani entrepreneurs there is no success without risk-taking
KARACHI:
Pakistan needs to improve its laws to fulfil the needs of startups and build bridges with the US government from where major investment for its enterprises comes.
The Karachi US Consulate, in collaboration with local partners, celebrated “Global Entrepreneurship Week”, from November 14th to 20th, 2022, to promote the advancement of the Pakistani entrepreneurial ecosystem by convening various programs with entrepreneurs, startups, incubation centres, industry leaders, academia, youth and journalists.
US Mission Pakistan sponsored the Silicon Valley Trainer and Professional Speaker Oscar Garcia, Founder and Chief Empowerment Officer at Aspira, to join the celebrations in Karachi and Islamabad.
While talking to The Express Tribune on the side-lines of a roundtable discussion on ‘Challenges and Opportunities in Pakistan’s Entrepreneurial Ecosystem’, Garcia said, “Pakistan can improve its culture of entrepreneurship by encouraging its people to take risks. There is no success without risk-taking,” Garcia said.
“Our startups need to be connected with the financiers in the US as most of our investment comes from there,” underscored Mubariz Siddiqui, a participant of the roundtable discussion, who is a legal practitioner with extensive experience working with startups, venture capital funds and angel investors in Pakistan.
“Every time the prime minister, or other dignitaries,...



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