First cohort of startups graduates from NSTP’s pre-incubator Hatch 8
Hatch 8 programme of NSTP offers a unique ecosystem to early stage
stat-ups that ensures development of entrepreneurs and their businesses
The programme covers 163 hours of lectures, 52 sessions, 15 courses
spanned across 5 core areas per cohort
Innovative tech start-ups aligned with UN SDGs are incubated at
Hatch 8, which aim to improve the society – both socially and economically
Early in the beginning of 2020, the world of entrepreneurs was
faced by market instability and uncertainty caused by the pandemic. Like the
rest of the world, the innovation team at NSTP faced similar challenges during
the COVID-19 outbreak. However, the team tackled the challenges head-on by
taking several measures to mitigate the risk of mortality of newly formed start-ups
at Hatch 8, NSTP’s pre-incubation programme. The team actively readjusted the
way the organization operated. As part of the adjustment, wherever possible, programme’s
components were taken online.
Hatch 8 programme of NSTP offers a unique ecosystem to idea-stage
or very early stage startups that ensures development of entrepreneurs and
their businesses, by aiding them in idea-validation through development of
their prototypes. It is a 5-month cohort, run twice a year, offering free space
along with a comprehensive regimen of entrepreneurial skills and business
acumen development trainings. However, due to Covid-19 the cohort was given
additional time to adjust to the new realities of the prevalent environment.
During the incubation, the innovation team at NSTP focused on
helping the start-ups understand their customers and the landscape, especially
exacerbated by the pandemic, make key decisions based on data, and solve societal
problems through the use of disruptive technologies.
After rigorous training and mentoring sessions at the Park, 9 startups
were ready for graduation. Out of the graduating startups, Vyro.ai won the
Outstanding Achiever award whereas Intoit and LoadEx won the High Achiever and
Best Performer awards respectively. Some of these graduates also secured space
in NSTP’s next stage incubator, Cube 8, whereas one even transitioned straight
away into an NSTP Hi-tech SME.
The tech startups spanned a wide array of themes ranging from AutoTech,
EnergyTech, HealthTech and SmartTech , among others. Brief intros of the
graduating startups are given below:
LoadEx offers a smart, low cost, logistic vehicle-pooling platform that
helps deliver commodities efficiently and reliably. Their service, accessible
through web and a bespoke mobile app, helps in relocation of households,
offices, apartments and moving machinery or freight.
Intoit, a tourism-tech solution, helps people explore different
areas of Pakistan and guide them through the detailed cultural experiences
within a certain budget. It aids users to choose and/or design trips to
locations availing best of locales and culinary delights.
Vyro. ai specializes in mobile technology and deep learning related
applications. Their products include a variety of photo editors including Art
Filters, Photo Editor, Bokeh Effect, and Neon effect background, soaring on
Google Play Store presently.
AVITec, and AR/VR tech product, is a glove-based controller
designed for the virtual world. They aim to provide an immersive and realistic
experience that allows users to control their virtual worlds, solving problems
of engineers, doctors, professionals and students.
Alpha Brain is an AI based company that will help diabetic
patients take sugar reading in a cost effective, efficient and painless way.
Blockute provides a drop n’ drag interface to allow users to
create a custom private block chain network system without intensive coding and
VidIt is a social networking application that allows users to
communicate, innovate ideas, opinions, emotars, videos and other online
is a peer-to-peer commuter-matching carpool app providing a secure ride-sharing
RAAR is a transport facility company, in which users are able to
rent electric bikes through their app, and pay on an hourly basis.