#SCWomenInTech Programme
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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

This programme is aimed at supporting female-led businesses enabled by technologies, aligning with calls for more diversity in tech and creating more opportunities for women to develop entrepreneurial and leadership expertise.

The purpose of #SCWomenInTech programme in Pakistan is to provide support designed to target early-to-mid stage professionals from technology and business sectors – females who are most likely to have the requisite domain knowledge, experience, and perseverance to deliver results.

Committed to being digital by design, the Bank is proud of partnering with INNOVentures Global (Private) Limited to support female-led businesses enabled by technologies to grow their businesses.

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:

  • 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
  • In response to the current pandemic of COVID19, we are open to those female entrepreneurs who have creative ideas on how to tackle the outbreak. These applications are not restricted to ideas, those that are already in operation can also apply

Applying for the #SCWomenInTech programme

#SCWomenInTech is a programme specifically designed for female-led businesses enabled by technology. 20 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 a seed grant of PKR 1,500,000 to invest in 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 one year.

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.

For applicants whose ideas or businesses fall within the solution to COVID19 category, we have annulled the following requirements:

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.

#SCWomenInTech Programme Objectives

Seed Grant

Technology Intervention Design

Capacity Building

Mentoring

Role-modelling

Key Dates