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US-Pakistan Innovation Expo – An opportunity for Pakistani entrepreneurs to share business ideas

March 20, 2023 at 7:05 pm | Economic Affairs

March20 (Agencies) US Ambassador Donald Blome has said that the top priorities of her government is to further promote economic growth in Pakistan, besides enhancing trade and investment between the United States and Pakistan.

“The US is Pakistan’s largest export market. We are seeing more and more U.S. investment come to Pakistan. There is still room to grow and entrepreneurs like you are central to that effort,” said US Ambassador Donald Blome, at the concluding ceremony of the Two-Day Expo event with the title“US-Pakistan Innovation Expo”.

The expo was organized with the aim to provide a platform for established start-ups to showcase their business ideas and prototypes and network with potential US and Pakistani venture.

Blome, in his speech, pointed out Pakistan is a country with immense potential but it needs innovation and technology to take it to the next level.” Since 2012, the U.S. Embassy has funded over 181 entrepreneurship-related projects valued at $14.7 million dollars,” he said.

Acknowledging the US government assistance for promoting entrepreneurial activities in Pakistan, Chief Executive Officer at Ignite National Technology Fund, Asim Shahryar, Haris Qayyum lauded the collaboration with the US. Embassy and National Incubation Center. “The US-Pakistan Innovation Expo is an endorsement of Pakistan’s dynamic tech entrepreneurs,” he said, adding that the Asia Foundation is committed to the collaborative efforts supporting Pakistan’s tech ecosystem.

Project Director, National Incubation Center, Parvez Abbasi , said this event was a demonstration of the power of collaboration between two countries.

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