GILGIT. (INP): The Securities and Exchange Commission of Pakistan (SECP) extended its flagship \u2018JamaPunji\u2019 investor awareness drive to the young men and women entrepreneurs of the Gilgit, Baltistan and Chitral (GBC) region. It accomplished this by participating in the Aga Khan Development Network (AKDN) \u2018Prosperity Cup\u2019 made possible through the collaboration of The Indus Entrepreneurs (TiE) Islamabad and Aga Khan Rural Support Program (AKRSP).
\nThe Prosperity Cup invited more than 50 startups from the GBC region that were shortlisted from 3,000 applicants. They were given focused mentoring and coaching by seasoned entrepreneurs from all over Pakistan over a course of several months. Five finalist startups will be given financial support and professional advisory to ensure success of their respective ventures through this initiative. The workshop was the third of a series of such workshops conducted in Gilgit during which participating startups were shortlisted through a process of elimination based on careful assessment of the progress they were supposed to have made based on guidance given to them during previous sessions.
\nThe SECP\u2019s senior officers gave the participants detailed understanding of their organization\u2019s continuing efforts to assist the growth of the entrepreneurial eco-system of Pakistan through such collaborative efforts quoting examples of several recent events and activities which include collaborative activities with HEC and TiE. During the session, participants were given succinct information on the process, requirements and benefits of incorporating their respective businesses. The participants were informed of recent reforms, and changes in rules and regulations, which facilitate swift incorporation. They were also informed of the SECP\u2019s measures, which encourage sole proprietors to register their businesses as single member companies with fewer requirements and low fees.
\nThe interactive session conducted by the SECP was attended by TiE charter members, established entrepreneur mentors and coaches, teams of shortlisted startups of the Prosperity Cup and senior academics of the Office of Research, Innovation and Commercialization (ORIC) from Karakoram International University Gilgit-Baltistan. The SECP confirmed its full support to all participants by stationing staff at its Gilgit office for their assistance. The participants appreciated the SECP\u2019s role as a key enabler in the development of the entrepreneurial ecosystem of Pakistan and welcomed its participation in future events.<\/p>\n","protected":false},"excerpt":{"rendered":"
GILGIT. (INP): The Securities and Exchange Commission of Pakistan (SECP) extended its flagship \u2018JamaPunji\u2019 investor awareness drive to the young men and women entrepreneurs of the Gilgit, Baltistan and Chitral (GBC) region. It accomplished this by participating in the Aga Khan Development Network (AKDN) \u2018Prosperity Cup\u2019 made possible through the collaboration of The Indus Entrepreneurs […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-14655","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-peshawar"},"yoast_head":"\n