First-Ever Seed Fund in KP

Apply now for the first-ever fund for KP startups, KP Seed Fund, backed by the World Bank, Multi-Donor Trust Fund, Khyber Pakhtunkhwa Information Technology Board (KPITB), and being executed by Epiphany. KP Seed Fund will disperse equity-free grants in KP-based businesses looking for grants to enhance, strengthen and expand their startups. While the Seed Fund is open for all startups in KP, women-led, women-co-founded, and women-focused startups are highly encouraged to apply! The ticket sizes are as follows:

    • Tier 1 up to PKR. 3 million
    • Tier 2 up to PKR. 5 million
    • Tier 3 up to PKR. 15 million
    • Tier 4 up to PKR. 25 million

The application deadline is January 10th, 2022, so apply swiftly.

About KP Seed Fund

OBJECTIVES

  • Strengthen the investment eco-system in KP
  • Promote entrepreneurship in KP, especially women-only, women-led, women-focused
  • Promote entrepreneurial mindset among the youth
  • Showcase successful startups from KP

ELIGIBILITY CRITERIA

  • At least one of the founding members should have a KP domicile
  • The startup/business should be registered under the laws of Pakistan
  • A startup should be tech-driven, tech-focused, or tech-enabled
  • Verifiable Initial investment injected by the founder(s) and/or through Friends and Family

SELECTION CRITERIA

  • The clear, actionable, and innovative proposed solution
  • Product Market Fit
  • Operational MVP
  • Capable and dedicated management team with industry expertise and relevant skillset
  • Size of the market/market opportunity

INVESTMENT CRITERIA

  • Legal Compliance
  • Competitive advantage
  • Proven, clear, sustainable, and scalable business model
  • Financial narrative
  • Funds asked and funds utilization
  • Traction
  • Impact of funding

APPLICATION PROCESS

So, what are you waiting for! KP Seed Fund is live!