State Bank of Pakistan Launches Business Idea Competition for Women Entrepreneurs

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State Bank of Pakistan Launches Business Idea Competition for Women Entrepreneurs

SBP Empowers Women with Business Idea Competition for Women Entrepreneurship Day 2024

A Platform to Empower Women Entrepreneurs

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  • Showcase Your Innovative Ideas and Win Big
  • How to Participate in the SBP Business Idea Competition
  • Key Dates and Important Information

Karachi – In celebration of Pakistan Women Entrepreneurship Day 2024, the State Bank of Pakistan (SBP) has announced a groundbreaking Business Idea Competition exclusively for women entrepreneurs. This initiative aims to empower women by providing a platform to showcase innovative business ideas that can revolutionize the market.

Empowering Women Through Innovation

The competition aims to empower women in Pakistan by providing a platform to showcase their innovative business ideas. SBP recognizes women entrepreneurs’ significant impact on the economy and aims to bridge the gap in access to resources and opportunities.

Calling All Aspiring and Established Businesswomen

The competition is open to aspiring entrepreneurs with groundbreaking ideas and established business owners looking to take their ventures to the next level. Whether you’re brimming with a revolutionary concept or seeking to expand your existing business, this competition is your chance to shine.

Showcase Your Brilliance: Competition Details

Eligibility:

  • Gender: Open to female entrepreneurs only.
  • Age: Must be 18 years or older.
  • Residency: Must reside in Pakistan.
  • Stage: Open to both aspiring and established business owners.
  • Originality: The business idea must be original and the participant’s own work.

Evaluation Criteria:

The entries will be meticulously evaluated based on the following criteria:

  • Innovation & Creativity (30%): How unique and original is your business idea?
  • Market Potential (20%): Does your idea have the potential to thrive in the current market?
  • Feasibility & Sustainability (20%): Is your business practical and financially viable in the long run?
  • Social Impact (15%): How will your idea positively impact society and the economy?
  • Presentation & Communication Skills (15%): How effectively is your business idea articulated in the submission form?

Unveiling the Winners: Recognition and Awards

The top three most innovative and impactful business ideas will be recognized and awarded on November 19, 2024, during a special ceremony held at the State Bank of Pakistan in Karachi to celebrate Women’s Entrepreneurship Day.

Ready to Take Flight? Submission Guidelines and Terms

Please visit the State Bank of Pakistan website for complete details on the submission process, eligibility criteria, and terms and conditions.

Key points to remember:

  • All submissions must be original work.
  • Only one entry per participant is allowed. (CNIC verification)
  • The deadline for submissions is [insert deadline date].
  • The competition is open to female residents of Pakistan aged 18 and above.

For any further clarifications, please contact the organizers at Events.FISD@sbp.org.pk.

Don’t miss this incredible opportunity to turn your entrepreneurial dreams into reality! Participate in the SBP Business Idea Competition and showcase your potential as a leading woman entrepreneur in Pakistan. Let’s celebrate Women’s Entrepreneurship Day together. For professional help, you can contact CANPIO, a Karachi-based business consultant and entrepreneur! www.thecanpio.com