Pakistan's prime minister has launched the country's first-ever national innovation award in an effort to spur innovation and entrepreneurship among the nation's youth, the BBC reports.
According to a press release, Prime Minister Nawaz Sharif's National Innovation Award is a "significant step towards promoting socio economic development in the country by creating new business ventures and job opportunities for young people."
The award aims to identify and nurture 100 brilliant ideas through financial support, mentorship, and a focused, hands-on startup boot camp.
Pakistan's Higher Education Commission will work with the National University of Science and Technology to conduct several key collaborative activities, including business proposal writing and Pitching Bootcamp Pitching Competition. Read the Entire Article
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Washington, D.C. based incubator for social entrepreneurs, Halcyon Incubator, has selected seven ventures to move into the newly renovated Halcyon House in September for its inaugural class of fellows.