A startup was nominated by the National Incubation Center (NIC) Lahore at LUMS. Codeschool.pk has earned first place and a cash reward in the Stanford Seed Spark Program’s capstone business pitch competition for high-achieving entrepreneurs from around South Asia. This was the first batch from Pakistan, and NIC LUMS was the one that presented them.
“Our partnership with Stanford SEED Spark reflects our confidence in Pakistani entrepreneurs and their ability to compete with the very best talent globally,” said Saleem Ahmad, Chairman NIC LUMS Lahore and Quetta at the graduation ceremony of Stanford SEED Spark’s inaugural cohort in Pakistan.
“Our conviction is reinforced by the fact that all of NIC LUMS mentored start-ups made the top 20 finalists and have brought home much pride in also winning the top position across South Asia.”
The program attracted 83 enterprises from 17 collaborating institutions, including IIT Bombay, TiE Chennai, and CII-Young Indians. Only the top 20 grads were chosen as finalists in the competition.
The top three startups were chosen after a rigorous grading process to receive a monetary incentive as well as a virtual showcase feature in the global Stanford SEED Spark gallery.
“Our collaboration with NIC LUMS for Spark’s maiden cohort in the Pakistan startup ecosystem has been a great experience,” said
P. R. Ganapathy, Regional Director Stanford Seed South Asia. “We are thrilled to see the energy and enthusiasm that NIC LUMS nominated entrepreneurs brought to the program.
We are looking forward to meeting more innovators and problem solvers from Pakistan to apply and make best use of a word-class online entrepreneurship program at their own pace and time.”
The Program is one of NIC LUMS’ three academically reinforced training alternatives. Its Foundry Program is based on LUMS’ curriculum and taught by LUMS faculty, and it recently established the Entrepreneurship 101 program in conjunction with the University of Saarland in Germany.
To read our blog on “NICL LUMS hosted a gathering of Pakistani American technology executives,” click here.
