Entrepreneurship For Everyone

Mental Health Entrepreneurship: Developing innovative solutions to address mental health challenges, such as mental health apps, teletherapy platforms, and mindfulness programs.

Agritech:

Leveraging technology to improve agricultural practices, including precision agriculture, drone technology, and AI-powered farming solutions.

Edtech:

Using technology to enhance education and training, such as online learning platforms, educational apps, and virtual reality learning experiences.

Fintech:

Applying technology to the financial industry, including but not limited to mobile payments, digital banking, and cryptocurrency/Digital currency.

Social Entrepreneurship:

Creating businesses that address social and environmental issues, such as poverty, inequality, and climate change should be SDG-aligned.

Tourism Entrepreneurship:

Developing innovative tourism products and services, such as sustainable tourism, adventure tourism, and cultural tourism.

Green Entrepreneurship:

Building businesses that promote environmental sustainability, such as renewable energy and eco-friendly products

Women in Entrepreneurship:

Empowering women to start and grow businesses

Prize Money:

Winner 1st Prize: 300k
Runner up: 200k
2nd Runner up: 100k

Deadline to apply:

Registrations Open: 18th October
Registration Deadline: 8th Nov
Round 1 Results Notification: 11th Nov
Round 2 Submission Deadline: 14th Nov
Finalists Announcement: 16th Nov
Competition Dates: 20th to 23rd November

Criteria:

Startup Age: Startups applying for INVENT 2024 must have been operational for a minimum 6 months and maximum 3 years.

Business Registration: It is not necessary for a startup to be a legally registered entity in Pakistan. Non-registered startups are also allowed to participate.

Impact Assessment: Startups need to provide evidence of the impact they’ve made, whether it’s in terms of social, environmental, or economic benefits.

Documentation: Submissions should include relevant documents such as business plans, financial statements (if available), metrics demonstrating growth and impact, and any other relevant documents. A presentation template will be shared for final pitch with the selected startups.

Scalability: Startups should demonstrate the potential for scalability and the ability to expand their operations.

Compliance and Ethics: Startups should adhere to ethical and legal standards in their operations.

Market Validation: Startups should provide evidence of market demand for their products or services.