Women Techpreneurs
Women Techpreneurs
Women Techpreneurs is an incubation program designed to address the pressing need for empowering aspiring women entrepreneurs in Gilgit-Baltistan and Chitral where they often face obstacles such as limited access to specialized support, financial constraints, and a scarcity of mentors in non-traditional sectors. Women Techpreneurs aims to break these barriers, fostering economic empowerment and cultivating a generation of business-savvy role models for future women leaders.
Women Techpreneurs is an incubation program designed to address the pressing need for empowering aspiring women entrepreneurs in Gilgit-Baltistan and Chitral where they often face obstacles such as limited access to specialized support, financial constraints, and a scarcity of mentors in non-traditional sectors. Women Techpreneurs aims to break these barriers, fostering economic empowerment and cultivating a generation of business-savvy role models for future women leaders.
Women Techpreneurs
Women Techpreneurs is an incubation program designed to address the pressing need for empowering aspiring women entrepreneurs in Gilgit-Baltistan and Chitral where they often face obstacles such as limited access to specialized support, financial constraints, and a scarcity of mentors in non-traditional sectors. Women Techpreneurs aims to break these barriers, fostering economic empowerment and cultivating a generation of business-savvy role models for future women leaders.
Program Goals
The goals of Women Techpreneurs are to:
- Equip women entrepreneurs with the required skills and knowledge for launching and growing a business.
- Improve investment readiness of women-led businesses by adopting sustainable business
models, using tools such as Business Model Canvas, Financial Model, and Pitch Deck. - Educate women entrepreneurs about the local and global market opportunities and create
market linkages - Help women entrepreneurs secure potential financing from AP and external investors
Who Is This Program For?
The program is specifically tailored for aspiring and exiting female entrepreneurs from Gilgit Baltistan and Chitral. To participate in the program:
- You must have a unique and innovative business idea or a startup at MVP stage poised for high growth and impact.
- The startup should be tech-driven or tech-enabled and has high potential for scalability.
- Led or co-led by a woman and driven by a team that is open to coaching and committed to growth and innovation.
Components of Women Techpreneurs
Women Techpreneurs will bring together all the essential elements of the acceleration program, starting with:
Business Training, Coaching and Advisory Services
Relevant business training, coaching and advisory sessions that allow an entrepreneur to develop and/or improve their business model and execution plan and present a case for potential financing. It also helps the entrepreneurs to document their business and meet all legal and compliance requirements to be able make their business ready for external financing.
Post Financing Technical Assistance
The following are key aspects of post-financing Technical Assistance:
a- Continued business mentoring, coaching and advisory from successful entrepreneurs, investors and AP’s business coaches.
b- Marketing, bookkeeping, and legal services from top-of-the-line services providers, completely free of cost.
c- Market and commercial linkages in various industries nationally and internationally.
**This is exclusively offered to portfolio businesses i.e., businesses that have received financing from AP.
Access to Co-working Spaces
Selected entrepreneurs, during or after the program, will have access to Accelerate Prosperity co-working space available in Gilgit, Chitral at a nominal cost/rental.
Financing
Patient financing, investments and/ or investor linkages to help businesses achieve their growth milestones.
- Instrument: Patient Debt
- Ticket size: PKR 1 Million – PKR 30 Million
- Interest rate: Net 8-12%
- Tenure: Up to 10 years
- Grace period: 1-2 years
- Collateral: Flexible Options
Financing
Select businesses who complete the incubation program successfully pitch for APs financing.
Instrument:
Patient debt
Ticket Size:
Patient debt
Interest Rate:
Net 8-12%
Ticket Size:
Up to 10 years
Other Requirements:
Mortgage land or building
Post Financing Technical Assistance
The following are key aspects of post-financing Technical Assistance:
a- Continued business mentoring, coaching and advisory from successful entrepreneurs, investors and AP’s business coaches.
b- Marketing, bookkeeping, and legal services from top-of-the-line services providers, completely free of cost.
c- Market and commercial linkages in various industries nationally and internationally.
**This is exclusively offered to portfolio businesses i.e., businesses that have received financing from AP.
The Complete Journey of an Entrepreneur
Women Techpreneurs 2023 Highlights
