The XSeed Program celebrated the achievements of 150 innovative Pakistani startups at a vibrant graduation ceremony in Karachi.
- Global Support: INSEAD Leaders Join Karachi’s Graduation Celebration
- Encouraging Words: Dr. Chiara Spina and Dr. Nenad Apostoloski Inspire Entrepreneurs
- Trainers Recognized: Mentors Praise Participants’ Dedication and Resilience
- Celebrating Success: Certificates and Surprise Gifts for Startups
- Ongoing Commitment: LMKT Vows to Continue Supporting Pakistani Startups
- Looking Ahead: XSeed Plans to Expand Across Pakistan’s Entrepreneurial Ecosystem
- A Moment of Unity: National Anthem Sets Tone for a Day of Accomplishment
- The Journey Continues: Participants Encouraged to Innovate and Persevere
Karachi: The National Aerospace Science and Technology Park (NASTP) Karachi came alive on Saturday as aspiring entrepreneurs from across Pakistan celebrated their achievements at the Graduation Ceremony of the XSeed Program, an entrepreneurial training initiative led by INSEAD University, France, in collaboration with the National Incubation Centre (NIC) Karachi and LMKT.
The XSeed Program is a unique, equity-free, and free-of-charge incubation initiative that equips Pakistani entrepreneurs with the tools, skills, and pioneering knowledge needed to navigate today’s challenges and build a better future. Launched in September 2023, this one-year-long program featured seven intensive training sessions at NIC Karachi, exclusive monthly events, and culminated in a final Demo Day. From an overwhelming 900 applications, XSeed selected 336 startups from various sectors, ultimately supporting 150 exceptional ventures.
Celebrating Entrepreneurship and Innovation
The event began with the National Anthem of Pakistan, setting a tone of pride and unity. NIC Karachi Program Manager, Ahmad Junaid, welcomed the audience with an inspiring introduction, highlighting the transformative journey of the XSeed entrepreneurs.
The ceremony witnessed the presence of Dr. Chiara Spina, Founder and Head of the XSeed Program, and Dr. Nenad Apostoloski, Managing Director of XSeed, who traveled to Pakistan for this momentous occasion. Their enthusiasm and support were palpable as they praised the startups’ dedication and resilience.
Dr. Nenad Apostoloski expressed his admiration for the entrepreneurs:
“It feels incredible to finally meet all of you in person, after months of virtual interactions through Zoom. This is my second visit to Karachi, and I am thrilled to witness the energy and progress of these startups. The entrepreneurial spirit here is truly inspiring. XSeed is not just about today; it’s about creating a lasting impact. I am confident this program will soon expand to other cities in Pakistan, empowering even more innovators.”
Dr. Chiara Spina shared similar sentiments, saying:
“Starting XSeed in Karachi after its success in other Asian countries was one of the best decisions. Today, seeing hundreds of startups ready to embark on their entrepreneurial journeys validates our efforts. I am deeply moved by the progress you have made and the potential you hold to reshape Pakistan’s entrepreneurial landscape. This is just the beginning—your dedication and passion will take you far.”
Motivational Insights and Support for Entrepreneurs
Program coordinators Muzammil Punjwani and Laila Fatima also took the stage, thanking the startups for their cooperation throughout the year, from submitting assignments to responding to follow-ups. They encouraged participants to continue pushing boundaries, stating, “Your journey does not end here. You have the skills, knowledge, and network to achieve great things. Never hesitate to reach out for guidance or support.”
The trainers and mentors who guided the participants—Sana Shah, Ziana Sakhia, Junaid Saleem, Imran Azhar, Farwah Tapal, Farees Shah, and Sheikh Hammad Amjad—were presented with shields in recognition of their contributions. They offered motivational advice, urging the startups to persevere:
“This graduation marks the beginning, not the end. Remember, success comes to those who stay curious, adaptable, and resilient. Keep innovating, keep learning, and never stop chasing your dreams.”
Celebration of Achievements
Participants’ excitement was evident throughout the event as they took selfies with mentors, shared their experiences, and reflected on their growth. The ceremony also featured the presentation of framed certificates and surprise gift bags, which added a special touch to the celebration. The day concluded with a refreshing cold juice reception and a delightful Hi-Tea, leaving everyone in high spirits.
A Bright Future Ahead
The President of LMKT emphasized their ongoing commitment to supporting startups:
“This is not the end of our collaboration. LMKT is dedicated to fostering innovation and helping startups grow. Together, we will ensure that Pakistan becomes a hub for entrepreneurial success.”
Among other honorable guests, the Founder of Katalyst Labs, Jehan Ara, graced the event with her presence. She encouraged the entrepreneurs and wished them luck in their future endeavors, emphasizing the importance of innovation and perseverance in building a successful entrepreneurial journey.
The XSeed Program has not only provided a platform for startups to thrive but also built a community of innovators ready to tackle challenges head-on. As the program grows and expands to other cities, it promises to continue transforming the entrepreneurial landscape in Pakistan.
With the resounding success of the Graduation Ceremony, XSeed reaffirmed its mission of driving innovation and empowering entrepreneurs to build a better tomorrow.