IBA CED INVENT 2024

IBA CED INVENT 2024

The INVENT is the pioneer startup competition in Pakistan that roots back to 2009, when its maiden voyage was started by the IBA Center for Entrepreneurial Development (CED). Since then, INVENT is synonymous to an ecosystem that connects the dreamers, innovators and entrepreneurs with a network of investors, corporations, and mentors to help them showcase their ideas to the world, raise capital, launch corporate collaborations, and scale their world-changing startups.

As in the previous years, drawing from the United Nations Sustainable Development Goals (SDGs), INVENT 2024 will be offering a massive opportunity to the existing startups throughout Pakistan. The INVENT 2024 will be fostering innovation, recognizing groundbreaking ideas, and promoting entrepreneurial excellence within the entrepreneurial ecosystem of Pakistan.

Eligibility Criteria for INVENT 2024.

  1. Startup Age: Startups applying for INVENT 2024 must have been operational for a minimum 6 months and maximum 3 years.
  2. Business Registration:It is not necessary for a startup to be a legally registered entity in Pakistan. Non-registered startups are also allowed to participate.
  3. Impact Assessment: Startups need to provide evidence of the impact they've made, whether it's in terms of social, environmental, or economic benefits.
  4. Documentation: Submissions should include relevant documents such as business plans, financial statements (if available), metrics demonstrating growth and impact, and any other relevant documents. A presentation template will be shared for final pitch with the selected startups.
  5. Scalability: Startups should demonstrate the potential for scalability and the ability to expand their operations.
  6. Compliance and Ethics: Startups should adhere to ethical and legal standards in their operations.
  7. Market Validation: Startups should provide evidence of market demand for their products or services.
Fields marked with * (asteric) are mandatory

Contact Details:

CED Team
Salman Hassan

Assitant Manager, SED
: 0305-2485303