Pakistan's Entrepreneurship Ecosystem Session 2 PDF

Session 2.1 Pakistan’s Entrepreneurship Ecosystem Session flow 1. Entrepreneurship Ecosystem Stakeholders 2. Types of enterprises 3. Stages of enterprise 4. PK’s Entrepreneurship Ecosystem Formation 5. Incubation & Acceleration in Pakistan 6. Sources of Funding for Pakistani Startups 7. PK’s Entrep...

Session 2.1 Pakistan’s Entrepreneurship Ecosystem Session flow 1. Entrepreneurship Ecosystem Stakeholders 2. Types of enterprises 3. Stages of enterprise 4. PK’s Entrepreneurship Ecosystem Formation 5. Incubation & Acceleration in Pakistan 6. Sources of Funding for Pakistani Startups 7. PK’s Entrepreneurship Ecosystem & Funding - 2015-2023 Entrepreneurship Ecosystem Stakeholders SECP: easy registration & annual filing (show) Govt: Incubation, space, grant money, free learning, tax breaks, partnerships Corps: Contracts, competitions Customer: sales Funding: Loans, Angel, VC (venture capital)  Types of enterprises Partnership Not for Profit 2-20 members Min 3 members Register with Register with registrar of firms SECP Annual tax return Periodic tax filing of partner & firms with SECP & FBR Unlimited Limited Liability Sole Liability Donations & Proprietorship Can raise capital Grants /SMC (Single Member company) Public Limited Min 1 member Private Limited Listed on psx, so Register with 2-50 members unlimited FBR Register with members (Federal Bureau of Revenue) SECP (Pakistan Stock Exchange) Annual tax return Periodic tax filing Register with SECP Unlimited with SECP & FBR Periodic tax filing Liability Limited Liability with SECP & FBR Can’t raise capital Can raise capital Limited Liability Can raise capital Stages of an enterprise Stages of an funding PK’s Entrepreneurship Ecosystem Formation 2010 HEC starts Offices of Research, Innovation, and 2012 Commercialization (ORICs): Punjab IT board set up NUST TIC, IBA CED, IoBM SSKIC their their 1st incubator called Plan9, engaging industry leaders 2014 KPK IT board launched, starting Youth Summit, Durshal’s (innovation spaces) 2016 Private incubators emerge: Nest Ministry of IT (MoiTT) starts i/o start by p@sha, innovation IGNITE, establishes district 92 by superior group National incubation centre (NIC) Isb, ppp with Teamup x Jazz Co-working spaces start emerging Sources: i2i-Pakistan-Startup-Ecosystem-Report-2019- chp 2 PK’s Entrepreneurship Ecosystem Formation 2017 NIC lahore, (national incubation centre) 2018 Fatima ventures x LUMS Digital PK policy by MoiTT, 2019 3 NICs, Karachi, Quetta, Peshawar 2019 - E Commerce policy, Corps starts entering with SBP - EMI regulations incubators & accelerators: (State bank of Pakistan) (Electronic money institution) Telenor Velocity, Jazz xlr8, SCB SECP - Sandbox guidelines women in tech financial innovation (Securities exchange commission Pakistan) FB launched innovation lab 2020 Non-Banking Finance Companies (NBFC) 2021 2023 Digital banking policy MoiTT, PKR 2bn VC fund, raast micro payment gateway match 30% of total VC freelancing policy deal of a startup Session 2.2 Pakistan’s Entrepreneurship Ecosystem continued Incubation & Acceleration in Pakistan Incubators Accelerators (3-6 months) (3-6 months) Pvt. Pvt. Local Global Sources of Funding for Pakistani Startups Bootstrap (personal savings) Angel Friends & Investment (Rich people invest own money) Fam Venture Capital Loans (Fund with others rich people’s money) Bank Loans Grants Merger & Pitch Acquisition (Merger = 1 name, Acquisition = 2 Competitions names) Pre-Seed & Seed Series A-C (growth stage funding)  Sources of Funding for Pakistani Startups Grants Hackathons 48 hrs, 5-10lk PKR 50k – 1CR Pvt. + GoP intern at ISF: $35k 3 stages: PKR 5lk PK innovation fund PKR 1mn - 20mn Sources of Funding for Pakistani Startups Angel Pitch Investors Competitions & Venture 3-6 mths, 10lk - $100k Capital Angel VC Women founder focused international: M. Yusuf Jan $10k-$50k Airlift Dawaai 10lk Blink Nadeem Hussain $35k Telenor Microfin $50k Romann a Dada Sector wise funding raised 2015 - 2019 Major VC deals 2019 - 2021 Major VC deals 2022 I2i: https://assets-global.website-files.com/621e681ac0bb288ba1902474/6597b1bdb573e3d0adc24a4f_EOY%202023%20(1).pdf  Funding deals 2023 Any shutdowns? Which stage startups got funded most? I2i: https://assets-global.website-files.com/621e681ac0bb288ba1902474/6597b1bdb573e3d0adc24a4f_EOY%202023%20(1).pdf Katalyst Labs: https://katalystlabs.pk/pakistans-startup-ecosystem-q3-2023/ Any mergers or acquisitions in 2023? Which sectors dominated Why Fintech & which in funding in 2023? services? I2i: https://assets-global.website-files.com/621e681ac0bb288ba1902474/6597b1bdb573e3d0adc24a4f_EOY%202023%20(1).pdf PKs funding landscape of 2024 https://invest2innovate.com/quarterly-updates/q2-2024-roundup/