The Punjab Information Technology Board seeks to promote the sustainability of technology startups through PlanX which is Pakistan’s first accelerator of its kind. Founded in September 2014, PlanX aims to empower commercially viable mid-stage technology startups by providing access to multiple funding channels, specialized network of mentors and global exposure to establish high impact businesses. The goal is to bridge the gap between technology and businesses by providing facilitation in the shape of access to mentors, connection with angel investors and venture capitalists and support in gaining exposure to global markets. At PlanX, we follow a unique acceleration model where a dedicated, domain expert mentor is assigned to each accelerated startup along with a business development associate who help facilitate investment deals and increase in the customer base.
What sets PlanX apart from its contemporaries globally is the project policy of not charging any percentage of equity from its accelerated startups. We provide our inducted startups with a work space complete with state of the art facilities, specialized mentoring programs and assist them in establishing a strong brand identity for the startup as well as its individual member.