Seed Fund” launched for women start sups to expand

District

PESHAWAR: Khyber Pakhtunkhwa has launched businesses ” Seed Fund” for women starts up in digital economy with an aimed to empower them more economically by expanding businesses..

The seed funds was setup on the special directives of Minister Science and Information Technology Atif Khan.

to provide financial support from $ 5, 000 to $15, 000 to female start-ups to make their business more profitable .

According to “Digital Jobs in KP”, the seed funds would be outsourced to a specialist fund management firm and after scrutinizing the applications, seed fund would be given on merit.

Initially, through a competitive process, 30 women start-ups would be provided seed funds according to their business nature and proposal, and technical support would also be provided with the help of a specific firm to expand these start-ups and make them more profitable.

Leave a Reply

Your email address will not be published. Required fields are marked *