Digital Youth Summit Boosting entrepreneurship in KP

Digital Youth Summit Boosting entrepreneurship in KP
The Digital Youth Summit 2017 organised by KP’s IT Board and the World Bank attracted over 4,000 delegates.

Over 4,000 delegates from across Pakistan attended this year’s Digital Youth Summit, Peshawar’s premier tech and entrepreneurship conference organised by the KP Government’s IT Board and The World Bank. The event, held on 5th-7th May, was supported by Jazz, UNDP and the USAID.

The event kicked off with an by-invitation-only opening panel on May 4 – the open to the public event was held from the 5th to the 7th and over 80 speakers from around the world came together to discuss Pakistan’s future in entrepreneurship and innovation. Delegates and speakers were buzzing with energy during the three days as they listened to panel discussions, keynote speeches and pitching competitions. The venue’s café and restaurant became a networking hotspot as start-ups pitched their businesses to investors and corporates and even signed MoUs with the Government and development sector organisations.

Here are some key talking points and take-home messages of the conference:

1. Growth of incubators in Pakistan

A lot of the conversation at the conference revolved around the recent growth of incubators in Pakistan. Speakers discussed how incubators are helping Pakistan’s start-up ecosystem and whether there was a need for more. Yousaf Hussain, CEO, ICT & R&D Fund, announced the establishment of four new National Incubation Centres (NIC) in Lahore, Peshawar and Karachi; a model NIC has already been established in Islamabad. In a discussion with directors of notable incubators in Pakistan, the panel agreed that although incubators are crucial, it is the founders themselves who make a start-up a success.

From L to R: Bilal Ahmad (Peshawar 2.0), Mian Talha (Jazz xlr8), Khurram Zafar (LUMS), Parvez Abbasi (Team Up), Jehan Ara (Nest I/O), Kulsum Lakhani (Invest 2 Innovate), Moderator: Osman Hussain (Tech in Asia)
From L to R: Bilal Ahmad (Peshawar 2.0), Mian Talha (Jazz xlr8), Khurram Zafar (LUMS), Parvez Abbasi (Team Up), Jehan Ara (Nest I/O), Kulsum Lakhani (Invest 2 Innovate), Moderator: Osman Hussain (Tech in Asia)

Panelists agreed that entrepreneurship and the art of creating should be introduced to children early on in their education. Bilal Ahmad, co-founder of Peshawar 2.0, said that “we aim to go to schools with a hands-on programming curriculum based on the language ‘Scratch’ to make more and more young people think about start-ups and tech. We need this generation to inspire the next to think entrepreneuship.”

2. Skills of the future

Whether it is employability or improving your chances of running a successful business, some skills are more in demand than others. These include leadership, digital marketing, graphic design and programming. A significant part of Pakistan’s digital economy is based on individuals or groups of freelancers who use these skills to make their living. The conference hosted a freelancer awards ceremony to recognise the best performing freelancers.

Student volunteers of the event.
Student volunteers of the event.

3. Start-ups are job creators

Speakers emphasised the role start-ups play in job creation. Start-ups founded at the LUMS Centre for Entrepreneurship have so far created over 1,000 direct jobs in the last two years. Junaid Iqbal, CEO, Careem, announced that the app aims to create 25,000 jobs in KP in the next year.

Imran Khan, chairman of the ruling party in KPK, addressed the conference and announced his Government’s support for start-ups like Careem which have had a huge impact on the economy. He emphasised the need for investment in the region by local and international investors.

4. Raising investment

One of the challenges start-ups face is raising investment. Investors and fund managers attending the conference shared their plans about creating a start-up friendly investment ecosystem. In his closing keynote speech, Nadeem Hussain, Founder of Planet N, spoke about his plans to find and fund Pakistan’s first unicorn (a start-up company valued at over $1 billion). Hussain currently invests in tech start-ups under the banner of 10xC and Planet N. Khurram Zafar, Executive Director, LUMS Centre for Entrepreneurship, announced that 47 Ventures (a Pakistan-focused VC fund based in the Cayman Islands), was inviting applications from start-ups for funding ranging from $50,000 to two million dollars.

5. Data is key

Tech means data – lots of it. Technology users are generating more data in a day compared to what was previously generated in years. Analysing this data is a goldmine and many of start-ups are aware of this. Planet N currently employs 18 data scientists to analyse data and trends from their start-up portfolio. During a presentation of a project called VPPD (Virtual Platform for Peace & Development) which is based at the University of Peshawar and supported by the UNDP, Asad Iqbal, a Full Stack Web Developer and Data Analyst, demonstrated how the project collects open-to-public data from various sources and visualises it on a map for analysis and comparison with different variables. This enables the development sector and the Government to take smarter decisions based on data.

Imran Khan accompanied by Chief Minister of KP Parvez Khattak, Minister of Information Technology Shahram Khan Tarakai, Managing Director of the KP IT Board Shehbaz Khan and senior representatives from Jazz.
Imran Khan accompanied by Chief Minister of KP Parvez Khattak, Minister of Information Technology Shahram Khan Tarakai, Managing Director of the KP IT Board Shehbaz Khan and senior representatives from Jazz.

6. Forward-thinking corporate

Creating an ecosystem of innovation requires everyone players to play a role. Mian Talha, Head of Digital Channels & Partnerships at Jazz (one of the sponsors of the event), said that Jazz (previously Mobilink) is no longer a telecommunications company but a digital company and this was only possible thanks to the forward thinking leadership of the company. Talha mentioned that he has a start-up of his own which is highly appreciated by the management. This leads to innovative thinking within the company and leads to development of innovative products.

7. Startup Cup

The conference hosted a Start-up Cup, a competition for start-ups from around the country. Winners were awarded a cash prize of $2,500. The winners were Find My Adventure (a tourism start-up based out of Lahore), AdsCanyon (a marketplace for buying and selling offline ad spaces in cities) and Qayam (a platform for short term renting).

8. KP goes tech

The Government of KP announced Pakistan’s first digital strategy to build competent institutions with key stakeholders to lead the transformation process. To achieve this, the KP IT Board will focus their efforts under four strategic pillars: Digital Economy, Digital Governance, Digital Access and Digital Skills. The MD of the KP IT Board, Dr Shahbaz Khan said that “KP takes digital opportunities very seriously and wants to be a leader in technology. This strategy, through sound policies and reforms, will set a roadmap for us and we shall announce initiatives to support this over the next few weeks.”

The KP IT Board in partnership with the World Bank, Code for Pakistan and Peshawar 2.0 announced a series of forthcoming activities under the Digital KP strategy such as the KP Civic Fellowship, a mobile app challenge and an ArtTech Fesitval which will be organised in the next two quarters of the year.

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