Ignite signs agreement for comprehensive study on startup and freelancing ecosystems of Pakistan

BusinessIgnite signs agreement for comprehensive study on startup and freelancing ecosystems of...

ISLAMABAD, Pakistan: Ignite signed an agreement with International Consulting Associates (Pvt.) Ltd. (iConsult) to perform an in-depth assessment study of Pakistan’s startup & freelancing ecosystems.

iConsult will complete the assignment in partnership with Arthur D. Little, one of the leading international strategy consulting firms.

The agreement was signed by Ignite’s CEO, Mr. Asim Shahryar Husain, and Senior Partner of iConsult, Mr. Shahid Ahmed Khan.

The study will gather key data and insights of the current state of Pakistan’s startup ecosystem.

Moreover, the study will identify key strengths and major gaps of Pakistan’s startup ecosystem so that relevant policy measures and regulatory incentives required for the growth and development of our technology-based startups may be outlined and recommended.

The major outcome of the study is a comprehensive set of proposed policy measures and regulatory incentives, with justifications, for promotion, growth, and development of technology-based start-ups and overall development of an entrepreneurial ecosystem of Pakistan in general.

Measures taken as a result of the study are expected to boost local and foreign investment in Pakistani startups further.

The goal is to launch many unicorns (billion dollar startups) from Pakistan by 2025 or earlier.

The study will further analyse and assess the current state of freelancing ecosystem of Pakistan based on multiple key areas such as human capital, training opportunities, taxation, legal requirements, the process of existing freelancing payment systems, associated issues and will suggest improvements.

The study will highlight the impediments and propose necessary recommendations for the development and growth of the freelancing ecosystem of Pakistan.

The major outcome of the freelancing ecosystem study will be the impact assessment of DigiSkills.pk Training Program on the country’s overall freelancing ecosystem and IT exports.

The goal is to take freelancing exports only to at least US$ 1 billion by 2025 or earlier.

Both studies are expected to complete in five months by July 2022.

Must read

Recent News

Moscow says it won’t allow US to silence UNSC on Israeli violence against Palestinians Monitoring Desk: Russian envoy in United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability and prosperity to the Middle East and Russia would not allow United States to silence UNSC over the issue of Gaza crisis. According to TASS news Agency, Nebenzya said that Moscow will continue to call for an end to violence against Palestinians and will not allow the US to muzzle the UN Security Council as Washington seeks to support Israel's operation in Gaza. "We will continue to stand firmly for ending violence against the Palestinians. Without a shadow of a doubt, we will continue to expose the abuses and sanctimony with which the US is handling the situation. We will not allow the Americans to gag the entire council with their hands in an effort to encourage further continuation of Israel's ruthless operation," he said in a speech at the Security Council.

Moscow won’t allow the US to silence the UNSC on Israeli violence against Palestinians

0
Monitoring Desk: Russian envoy to the United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability, and prosperity to the...

From Valdai to Margalla Dialogue —- All roads to Civilisations go through Islamabad

0
By Shazia Anwer CheemaThe emergent realities of global security are fundamentally transforming the frame of references and trajectorial approaches toward them. New security architecture...

12 more men in uniform embraced martyrdom for the motherland in Pakistan

0
Monitoring Desk: 12 more men in uniform embraced martyrdom for the motherland in Pakistan, said Inter Service Public Relations (ISPR) of the Pakistan Army.On...
Dr. Attia Anwar

Lifelong learning

0
By Dr. Attia AnwarAs we age, our minds and mental health become more important. We should try to maintain and improve them. Education is...
12th Defense Expo 'Ideas 2024' 'Weapons for Peace' a major step in defense diplomacy

12th Defense Expo ‘Ideas 2024’ ‘Weapons for Peace’ a major step in defense diplomacy

0
By Asghar Ali MubarakIdeas 2024, the global exhibition of defense equipment, will begin today at the Karachi Expo Center on November 19, in which...
Advertisement