Start-up potential

Dawn | Nov 10, 2019 at 6:45 AM
  • The launch by the SECP of a start-up portal to encourage innovation and the 021Disrupt conference in Karachi that offered technology entrepreneurs a rare opportunity to raise funds for their ventures from local and foreign investors.
  • Those that are successful in raising the money are unable to sustain their efforts for long owing to poor business and management skills and the absence of an entrepreneurial mindset, or because their ventures are replicas of successful digital business models from other countries.
  • Matters will not improve and the watershed moment will not arrive unless the government makes concerted efforts to revamp the poor business environment that is debilitating for both start-ups and investors.