- To enhance the role of women entrepreneurs through trainings
- To generate business outputs that help to build the capacity of existing businesses targeting female-led businesses enabled by technologies
- To promote the sharing of knowledge about female-led businesses enabled by technologies
- To summarise the challenges for female-led businesses specific to Pakistan and outline activities needed to improve and support the technological infrastructure for female-led businesses enabled by technologies
- To establish a foundation for strengthening cooperation and network building between female-led businesses enabled by technologies globally
- To learn about global project organization, network building and investment readiness
- Women with scalable ventures dealing with COVID19 related challenges that meet all other conditions are strongly encouraged to apply
About
Standard Chartered Bank (Pakistan) Ltd. and INNOVentures Global (Private) Limited have partnered to create the Standard Chartered Women in Tech programme. This supports female-led businesses enabled by technologies, providing them with training, mentorship and seed grant.
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Introducing the #SCWomenInTech Pogramme
The overall goal for #SCWomenInTech will be to provide guidance and mentorship to female-led businesses enabled by technologies across Pakistan with the following specific objectives:
Applying for the #SCWomenInTech programme
#SCWomenInTech is a programme specifically designed for female-led businesses enabled by technology. Up to 25 selected women founders shall receive not just a seed grant, but also 10 weeks of mentoring and training to help scale their entrepreneurial ventures.
Each winner will be awarded PKR 1.5 million in grant funding to scale their business.
Who we are looking for?
We are seeking to recruit the best entrepreneurial minds, female-led businesses of two to three people who are enabled by technology and are key drivers of innovation in business. Applicants are welcome from across Pakistan.
Eligibility Criteria:
Must be a female-led business
○ At least 1/3rd of the founders should be women,
○ Woman founder(s) has/have been around for at least six months.
Must be a technology venture or a traditional business seeking to use technology to grow significantly.
Significant Growth and/or Impact potential.
Must have an initial plan to scale or be technologically enabled to scale by using PKR but also mentoring and other support.
The bank’s investment in the business/venture must make a material difference.
Be a registered entity (a private limited company, a non-profit, or a sole proprietorship) with an NTN operating for:
○ No less than 3 months at the time of application,
○ No more than 2 years old at the time of application.