Startup to help strengthen economy: Asad
Amna Malik thanked the government for accepting her recommendations on youth economic empowerment
Minister for Planning and Development Asad Umar has said the youth, being the asset of the country, will be fully facilitated to start their businesses. Addressing soft launching of Startup Pakistan Program in Islamabad on Monday, he said this initiative will create jobs and enhance economic activities in the country in an inclusive, scalable, and sustainable way. He said one million students will train through 10000 startup programs by 2023.
Asad Umar said jobs are being created by small entrepreneurship in the world and Pakistan will be successful in it. He said the youth should adopt think big start from small approach for success. He said this program will be expanded across the country. Addressing the event, Special Assistant to Prime Minister on Youth Affairs Usman Dar said that this program will make the trainees job providers not job seekers.
He said this program offers funding, mentorship, training, and a variety of perks and benefits with the aim of providing entrepreneurs. He said one million youth applied for the loans under the Kamyaab Jawan program in the first fifteen days of the launch. Of these, about six hundred thousands were those who wanted to start a new business. This program is also unique as about two hundred thousand females have also applied for the loan.
The Special Assistant said Prime Minister will soon distribute cheques amongst the applicants.
Usman Dar said the government is also introducing Skill for All and Internship programmes to enable the youth stand on their feet. He said job opportunities will be created both in the government and the private sector. Kamyab Jawan Programme here on Monday successfully launched the ‘Startup Pakistan program’ to create jobs and develop a national startup ecosystem that provides one million young people training in entrepreneurship.
The event was hosted at Quaid-i-Azam University, Islamabad. Speaking on the occasion, Minister of Planning and Development Asad Umar said that ‘Startup Pakistan’ was a flagship initiative of Kamyab Jawan Program by the government which envisioned creating jobs and economic activity in an inclusive, scalable, and sustainable way. He said that Pakistan needed 1.7 million jobs per year and it was need of hour to create more jobs through startups who would contribute to economic activity and growth of the country.
Startups boost production of goods and services and open new market segments through innovation and advance technology, he stated. He said that the youth, being the asset of the country, would be fully facilitated to start their business. The minister said the government’s Kamyab Jawan Programme would empower the youth.
Special Assistant for Youth Affairs Usman Dar said Kamyab Jawan programme had been started with the purpose to promote entrepreneurship and create job opportunities. He expressed confidence that this program would prove to be a complete success story. Founder and Policy Advocate Start Up Pakistan Amna Malik. Amna Malik thanked the government for accepting her recommendations on youth economic empowerment.