{"id":422129,"date":"2024-08-01T20:19:01","date_gmt":"2024-08-01T15:19:01","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=422129"},"modified":"2024-08-01T20:19:01","modified_gmt":"2024-08-01T15:19:01","slug":"consortium-signs-agreement-with-ignite-for-nic-karachi","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/consortium-signs-agreement-with-ignite-for-nic-karachi\/","title":{"rendered":"Consortium signs agreement with Ignite for NIC Karachi"},"content":{"rendered":"<p>Lucky Landmark, part of YBG, in partnership with LMKT and Orbit Startups, has been awarded the prestigious project of managing the National Incubation Center (NIC) Karachi for the next five years by Ignite, Ministry of IT &#038; Telecom.<br \/>\nThis significant achievement marks a new era of innovation and entrepreneurship in Pakistan.<br \/>\nLMKT is a leading technology company offering innovative solutions in smart cities, smart buildings, integrated security, e-governance, clean technology, agri-tech solutions, and more. With a strong commitment to supporting Pakistan\u2019s growth, LMKT operates National Incubation Centers in Peshawar, Karachi, and Hyderabad. These centres foster a vibrant nationwide startup<br \/>\nAs part of Ignite\u2019s new strategic focus, NIC Karachi will emphasize Industrial Automation, FinTech, Cyber Security, and the induction of women-led startups.<br \/>\nOver the past six years, under LMKT\u2019s management, NIC Karachi has become Pakistan\u2019s largest tech incubator and startup accelerator. The centre has supported 299 startups, who have created 1 million jobs and raised Rs. 9.1 billion in investments, and generated Rs. 8.7 billion in revenue.<br \/>\nSponsors of Lucky Landmark, the YB Group one of Pakistan\u2019s largest conglomerates, has teamed up with LMKT, the country\u2019s leading IT company, and Orbit Startups, an international accelerator renowned for its active investments in Pakistani startups.<br \/>\nThis collaboration promises to further enhance NIC Karachi\u2019s impact on the startup ecosystem.<br \/>\nCEO of Ignite expressed, \u201cIt is fantastic to continue our partnership with trusted collaborators for another five years. We are excited to witness the emergence of more startups focusing on Industrial Automation, FinTech, Cyber Security, and women-led ventures. Together, we will further strengthen Pakistan\u2019s innovation landscape.\u201d<br \/>\n\u201cWe believe a nation\u2019s prosperity is inextricably linked to its capacity for innovation. As a cornerstone of this country\u2019s economy, we recognize our duty to cultivate a thriving startup ecosystem that can nurture the next generation of entrepreneurs and propel our country into a future of unparalleled progress,\u201d said Ali Sohail Tabba, representing YB Group at the ceremony.<br \/>\nAtif Rais Khan, CEO of LMKT, said, \u201cWinning the NIC Karachi project once again is a testament to our dedication and success. We are committed to elevating NIC Karachi to even greater heights. This collaboration with Lucky Landmark and Orbit Startups will immensely benefit both current and future startups incubated at NIC Karachi.\u201d<br \/>\nLMKT is a leading technology company offering innovative solutions in smart cities, smart buildings, integrated security, e-governance, clean technology, agri-tech solutions, and more. With a strong commitment to supporting Pakistan\u2019s growth, LMKT operates National Incubation Centers in Peshawar, Karachi, and Hyderabad. These centres foster a vibrant nationwide startup ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lucky Landmark, part of YBG, in partnership with LMKT and Orbit Startups, has been awarded the prestigious project of managing the National Incubation Center (NIC) Karachi for the next five years by Ignite, Ministry of IT &#038; Telecom. This significant achievement marks a new era of innovation and entrepreneurship in Pakistan. LMKT is a leading [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":422134,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-422129","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Consortium signs agreement with Ignite for NIC Karachi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/consortium-signs-agreement-with-ignite-for-nic-karachi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consortium signs agreement with Ignite for NIC Karachi\" \/>\n<meta property=\"og:description\" content=\"Lucky Landmark, part of YBG, in partnership with LMKT and Orbit Startups, has been awarded the prestigious project of managing the National Incubation Center (NIC) Karachi for the next five years by Ignite, Ministry of IT &#038; Telecom. This significant achievement marks a new era of innovation and entrepreneurship in Pakistan. 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