HEC Innovator Seed Fund ISF 2022

Innovator Seed Fund (ISF) – 2022

The Higher Education Commission (HEC) invites innovative startups owned by students, alumni, and/or faculty members/researchers (from Public & Private Sector Universities/Degree Awarding Institutions) to apply for Innovator Seed Fund (ISF) Grant.

KEY FEATURES

ISF, envisioned for development of innovation and startup ecosystem in Pakistan, is a flagship initiative of HEC under the Higher Education Development in Pakistan Project (HEDP). ISF is anticipated to support development of fledgling startups having innovative ideas through provision of seed funding grants, to transform them into successful and sustainable enterprises. The grant package includes up to USD 35,000 in seed funding, stretched over startups proposed budgetary requirements for activities including but not limiting to entrepreneurial training, legal / financial / marketing training and support, among other services.

APPLICANT ELIGIBILITY

Either be a student, alumni and/or faculty member / researcher of the Higher Education Institutions (public and private). Have endorsement from one of the HEC Established 35 Business Incubation Centers across Pakistan. Have an SECP-registered business concern, ensuring legal status and promising potential of the startup.

PRIORITY THEMES

The priority sectors for ISF support include:

1 Agriculture, Food Resources and Agri Tech 

2 Housing, Construction and Manufacturing 

3 Banking, Microfinance and FinTech

4 Health Care and Health Tech

5 Transportation and Logistics

6 Education and EdTech

7 E-commerce and Smart Retail

8 Sustainable Development, Climate and Energy

9 Emerging Technologies

10 Creative, Digital Media, Arts and Culture

11 Other sectors that have potential for growth and impact

How To Apply

Innovative Ideas / Concept Notes on prescribed application template must be submitted via HEC online portal.

Deadline for Application Submission is January 6, 2023

For further information and application submission requirements please visit HEC website: http://www.hec.gov.pk/site/isf Q

EMAIL For queries, email at: isf@hec.gov.pk

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HEC Innovator Seed Fund ISF 2022