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Pakistan Startup Fund Set to Boost Innovation Ecosystem









The Ministry of IT and Telecommunication (MoITT) has unveiled the Pakistan Startup Fund (PSF) at the National Incubation Center, Islamabad, a landmark initiative designed to strengthen Pakistan’s tech innovation and attract global investment.

Executed by Ignite National Technology Fund, the PSF offers equity-free, non-dilutive grants covering up to 30% of a startup’s total investment round, typically between $50,000 and $1 million, to help bridge early-stage funding gaps.

Open to startups in fintech, healthtech, agritech, edtech, and e-commerce, the fund complements private capital by de-risking investment rounds while connecting founders to global investors and mentors through startupconnect.pk.

Officials said the PSF’s hybrid co-investment model aims to draw diaspora and international venture capital by ensuring regulatory transparency and deal confidence.

After a 77% decline in 2023 startup funding, experts say PSF could revive investor trust and reinforce Pakistan’s position as a regional startup hub aligned with the Digital Pakistan Vision.

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