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:
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- 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
- 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
- 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 or tech-enabled
- Verifiable Initial investment injected by the founder(s) and/or through Friends and Family
- 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
- Legal Compliance
- Competitive advantage
- Proven, clear, sustainable, and scalable business model
- Financial narrative
- Funds asked and funds utilization
- Traction
- Impact of funding
APPLICATION PROCESS
