Skip to main content

Standard Chartered announces the launch of Women In Tech Cohort 5

                                       

Standard Chartered, in partnership with INNOVentures Global (Pvt.) Ltd., announces the launch of the 5th cohort of its Women in Tech (WiT) programme in Pakistan.

A flagship programme of Futuremakers by Standard Chartered, the bank’s global initiative to tackle inequality and promote economic inclusion, WiT is designed to help address gender disparity in entrepreneurship. Through this programme, the Bank supports female-led enterprises via capacity building through business management training and mentoring, provided by its award-winning accelerator programme.

 

In Pakistan, this initiative was launched in 2019, has appealed to over 1200 female-led enterprises, with 88 female founders participating in the bank’s accelerator programme. Once graduating from the accelerator programme and on final pitches, 26 of these enterprises have also received seed funding.

 

Commenting on this occasion Mr. Rehan Shaikh, Chief Executive Officer, Standard Chartered Pakistan said, “There is an increased focus on the role banks play in supporting the growth of small businesses, and furthering financial inclusion and education. In line with the Government agenda, WiT is Standard Chartered’s effort in supporting female-led enterprises upscale through technology. Curated with the objectives of removing barriers, providing opportunities and furthering financial inclusion for women in Pakistan, over the last four years this programme has surfaced to be a great platform for aspiring women entrepreneurs in Pakistan. This initiative further builds Standard Chartered’s focus on increasing women’s access to entrepreneurial finance and supporting adolescent girls and women through capacity building, encapsulating our Futuremakers community strategy of enabling the next generation to learn, earn and grow.”

 

Partnering with INNOVentures Global, the Standard Chartered Women in Tech programme aims to promote the economic and social development of women in Pakistan through innovation or technology led entrepreneurship. The programme is aimed at helping identify and grow female led businesses by bringing their unique business ideas to the market whilst celebrating women in Pakistan.

 

The WiT Incubators/accelerators by Standard Chartered, were first launched in October 2014 by Standard Chartered Americas as a local community project. The programme is now active in thirteen countries and as of April 2023 this programme has reached more than 3200 female entrepreneurs globally.


Comments

Post a Comment

Popular posts from this blog

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

            Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement with Huawei. It clearly demonstrates that the two compa...
Post a Comment
Read more

Peshawar Zalmi Releases "Zalmi Raalal" Official Anthem Powered by TCL

             TCL, Pakistan's No.1 LED TV Brand, in collaboration with Peshawar Zalmi, has released their most awaited anthem for PSL 8, " Zalmi Raalal ". Directed by the maestro Hassan Dawar himself, "Zalmi Raalal" is a star-studded, power-packed amalgamation of music, fashion, and sports, the three foremost passion points of Peshawar Zalmi. Produced by Naughty Boy, who has worked in the global music industry with the likes of Beyoncé, Wiz Khalifa, and Sam Smith, the music video features cricket's biggest superstars Darren Sammy and Babar Azam, as well as Pakistan's biggest celebrities Mahira Khan and Hamza Ali Abbasi. Peshawar Zalmi's official anthem for 2023, "Zalmi Raalal", is an ode to passion, a story entailing the beauty and power of the KP region and its people. The anthem has crossed one million views on all online platforms since its release, and the number is increasing fast.   The star-studded and narrative-centric anthem feature...
Post a Comment
Read more

Economic confidence among finance professionals edges higher globally despite big fall in North America

                                            The latest ACCA (the Association of Chartered Certified Accountants) and IMA ®  (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average.  For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices.   There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy...
Post a Comment
Read more