Ignite’s Incubation Centers Generate 185,000 Jobs, Rs. 36.3 Billion Revenue
National Incubation Centers (NICs) established and funded by Ignite have incubated more than 2,250 startups since 2017, generating over 185,000 … Read More The post Ignite’s Incubation Centers Generate 185,000 Jobs, Rs. 36.3 Billion Revenue appeared first on ProPakistani .
Since 2017, National Incubation Centers (NICs) funded by Ignite have nurtured more than 2,250 startups, resulting in the creation of over 185,000 jobs and generating revenue exceeding Rs. 36.3 billion, as reported by the Ministry of Information Technology and Telecommunication. The extensive NIC network across Islamabad, Lahore, Karachi, Peshawar, Quetta, Rawalpindi, Faisalabad, Hyderabad, and soon in Sialkot has enabled startups to secure investments exceeding Rs.
34.7 billion from both local and international investors. Approximately 31 percent of these incubated startups, or around 700, are led by women entrepreneurs. The NICs are strategically located in all provinces and the federal capital, offering specialized facilities like an aerospace-focused center in Rawalpindi and an agri-tech incubator in Faisalabad.
A ninth NIC is set to start operations in Sialkot soon, further enhancing access to incubation and entrepreneurial support. Ignite's Pakistan Startup Fund provides equity-free grants to qualifying startups, with three startups recently chosen for the latest round of investment grants. These grants aim to help startups raise capital and scale their businesses without reducing founders' equity.
Additionally, two Centers of Excellence for Gaming and Animation in Lahore and Karachi commenced operations in November 2025. These centers offer training, mentorship, and infrastructure to cultivate Pakistan's talent in gaming and animation, bolstering the nation's technology-driven innovation ecosystem.
Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
