Pakistan’s top 16 startups pitched their business ideas to a group of judges during the Huawei Cloud Startup Programme which is aimed to help accelerate the business growth of the tech ecosystem globally.
Eligible start-ups who applied and were selected to join the program will receive free cloud resources, professional technical training, GTM support, mentorship and marketing benefits.
Huawei started this programme in collaboration with Ignite, National Incubation Centre, and other partners to enable a digital Pakistan and aims to bolster the implementation of cloud technology through knowledge sharing.
A panel of highly reputed people from the public and private sectors were selected as judges. Each startup was given seven minutes for pitching and five minutes for questions and answers.
With the intent to accelerate startups growth, Huawei established a startup advisory committee composed of specialists support including legal counsel, CTO, CDO, corporate marketing, industry experts, senior executives at Huawei, founders of established startups, venture capital firms and government officials.
The top 10 will be on-boarded in three different levels and get the Huawei Cloud credits and benefits mentioned. The three tiers include Tier 1, ‘Hall of Fame’ which will include the top three teams, Tier 2 ‘All Star’ comprised of the top 4-6 and Tier 3 ‘Rookie’ startups that ended with the 7-10 positions.
The 16 startups were shortlisted after an application process that included giving their company name and/or team profile, describing their product/solutions, market analysis, reports for the last three years and projections for the next three.
Chief Commercial Officer of the Pakistan Software Export Board Zeeshan Khattak said, “I believe that such events help foster entrepreneurship and innovation. Such events also motivate and encourage new & potential talent in the ICT eco-system.”