GIK offers Rs 25,000 stipend at Pakistan’s first residential incubator. Here’s what to know

GIK incubator

Ghulam Ishaq Khan Institute of Engineering Sciences and Technology (GIK Institute) has announced that applications for the 10th cohort of The Catalyst Incubator are now open and the deadline has been extended till May 6th, 2022.

The Catalyst Incubator is the country’s leading and only fully residential incubator which enables entrepreneurs the opportunity to emphasize exclusively the development of their start-up via access to the latest technological equipment and machinery while being privy to the beautiful green campus of GIK which is itself strategically situated to Tarbela dam- the largest dam in Pakistan.

As per the officials of the Institute, the 6-month incubation program provides a broad range of resources and facilities such as the availability of modern labs, infrastructure, and research know-how.

Read more: PITB launches incubators for tech startups in 9 cities of Punjab

A fixed stipend of PKR 25,000 is given monthly for every respective team member and accommodation is provided for free on campus. All services are already paid for by the Institute thus entrepreneurs will fully focus on the task of developing and realizing their dream.

In addition, the institute will also provide access to all of the Institute’s facilities including the library, sports complex, and a vast student pool. Access to assigned office space is given too along with a conference room, company registration, legal assistance in intellectual property, networking with potential investors, and mentorship and training.

To submit the application, the candidate can easily apply online at the website: .

The last date for the 10th cohort’s round has been extended to 6th May 2022.

Moreover, the purpose of the incubation program is to create and promote an environment for developing ideas into commercialized products with easy access to the latest technological equipment. The university will select the top teams through business competitions held on a regular basis throughout the year.

The Catalyst Incubator is a jointly financed project of GIK Institute and is funded by the Directorate of Science and Technology, Government of Khyber Pakhtunkhwa.

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