National Science & Technology Park is now accepting applications for the innovative SMEs and Cube 8 program.
What is NSTP:
NSTP is the new national tech-pad where entrepreneurs and multinationals come together to discover, ideate, create, collaborate and break new ground. Kicking off with a portentous pilot, the NSTP will be home to an ornate assortment of tech start-ups, established R&D companies and research branches of renowned national and international industry leaders. The park is the country’s avant-garde cradle for disruptive technologies. Catering to a multispectral cluster, drawing on the nation’s and the region’s growth potential and market needs, 8 optimized high-tech themes have been carefully selected for the NSTP in the first phase, to maximize technological, economic and societal impact, not to mention the creation of thousands of high-tech jobs. Moreover, dovetailed with the unparalleled knowledge, talent and R&D base of Pakistan’s #1 Engineering and Technology University, NSTP is also the first of its kind in the country to sport all the essential ingredients for an enabling and diverse innovation and entrepreneurship ecosystem.
What is the Cube 8 Incubation Programme
Cube 8 is an incubation program for early-mid stage startups that aims to develop a strong foundation for the business. It offers affordable and dedicated furnished office space with 24/7 access, networking opportunities to establish strong local and international linkages, access to international associations and partners, training and workshops as well as mentoring and coaching programs. Moreover, being located at NSTP offers startups access to multiple MNCs, High Tech SMEs and other startups along with support services and facilities available at NUST. Cube 8 program is offered on 1+1 year extendable basis based on the performance of the startup.
The services offered are:
1. Fully enabled dedicated office space
2. Workshops and Trainings
3. Consultancy services
4. Mentorship and Coaching
6. Meeting rooms, conference rooms
Go to the page: https://nstp.pk/application-form-all-categories/
- Submit the application online
- Panel presentation to selection board (every few months)
- Result Announcement
- Dedicated office allocation
- Mentorship and coaching programs
- Workshops and training
- Assessment and graduation
- Pitch to investors, VC, Angel
A flagship project of the National University of Sciences & Technology
(NUST), the NSTP not only capitalises on the strengths and core competencies of NUST, but also brandishes support from the Government of Pakistan. Longstanding and productive linkages with major industry movers and shakers including military-industrial-complexes, large public and private sector organisations and SMEs is another unique feature accrued due to the host university. Ensuring ease of business, providing tax rebates and exemptions, and other associated incentives are a few of the major value propositions of the NSTP and are incorporated in the ethos of its design.