Top 50 startups win National Innovation Award

ISLAMABAD: The much-awaited final award ceremony of the Prime Minister’s National Innovation Award Round II concluded on Monday at the National University of Science and Technology (NUST) with the announcement of the top 50 winners.

Special Assistant to the Prime Minister on Youth Affairs Shaza Fatima Khawaja was the chief guest.

PMNIA is a special initiative under the Prime Minister’s Youth Program executed by the Higher Education Commission in collaboration with NUST. This unique platform nurtures a culture of innovation and entrepreneurship, enabling young visionaries to bring their ideas to life and create a positive impact on society.
The ceremony witnessed the announcement of the top 50 startups selected from a pool of 250 exceptional participants. Among them, the top 10 startups were presented with a grant of Rs1 million each while the remaining 40 received Rs0.5 million each in the form of support. The cheques were handed over by Khawaja, who also revealed an exciting opportunity for the top 50 startups – an additional 1 million support in the form of a 6-month incubation program.
 
“The Prime Minister’s National Innovation Award is a testament to our nation’s young talent and their potential to drive innovation and progress,” remarked SAPM-YA Shaza Fatima Khawaja. “The government is committed to providing the necessary resources and support to help these bright minds excel and lead our country towards prosperity.
 
The upcoming mega event, Investor Connect and Networking is scheduled today at the Prime Minister’s Office in Islamabad. This event promises to open doors to industrial linkages, providing new startups with access to invaluable resources and opportunities for growth.