[PRESS RELEASE] SYMBIOS.PK WON MIT-BAP 2013 at Islamabad
Conference on Entrepreneurship, Business Acceleration Program-13
November 17 Serena Hotel, Islamabad
Sponsored by : USAID "Training for Pakistan Project"
Official Event Album:
Event Mentors & Judges:
Mr Ken Moris | Serial Entrepreneur, Angel Investor, Global Sales Veteran, Founding MD MIT Entrepreneurship Center
Mr Jason Pontin | Editor-in-Chief and Publisher MIT Technology Review Magazine and Chairman MIT Enterprise Forum Global
Mr Naeem Zamindar | CEO Wateen Telecom
Syed Ali Akbar Rizvi | Director Entrepreneurship & Incubation, Sukkur IBA
Mr. Afzal Akhtar | Co-Founder IBB Consulting USA
MIT Enterprise Forum Pakistan
MITEFP-OPEN Business Acceleration Program’s (BAP) objective is to help IT/ITES/Telecom/ New Media Companies operating in Pakistan, to accelerate their business to the next level, to improve the chances of success for Start-ups and to assist Researchers take the path of Commercialization. This is part of the MITEFP-Pakistan and OPEN overall goal of building and sustaining the Entrepreneurial Echo system in Pakistan.
BAP-2013 like the highly successful BAP-2012 to BAP-2007, aims to help accelerate the participating IT companies/teams to the next level by putting these companies/teams through a mentoring/coaching program. This year the scope of the program is expanded by including two more tracks i.e. the Start-up and the Researcher Tracks. The final outcome of the program would be a Business Acceleration Plan (BP), Start-up Business Plans and the Researchers Commercialization Plans which would be ranked by experts to decide the winner and runner-up teams for each track.”
BAP Process, Time Line and other resources are available on Link Below.
Achievement by Symbios.pk
Pakistan is an emerging economy with respect to IT industry and e-commerce. The local market was unaware of the concept and has no idea of online shopping.
Symbios.pk, a mega online store for local Pakistanis established in 2006, initiated by Saad Jangda to enlighten the society and creating ease in the life of the countrymen. Mr. Jangda is a pioneer in the online IT Industry and working hard to promote green technology entrepreneurship in Pakistan and created a WOW experience shopping portal for the locals.
Recently, Symbios.pk competed in MIT – Business Acceleration program and won the competition. This is an excellent opportunity for Symbios.pk to carry their mission to promote Green Technology and easy shopping experience for the countrymen.
The recent MIT – BAP encouraged researchers and startups to be the part of the event. There are several ventures that are among the lucky finalist of the program. Here is the list of the lucky entrepreneurs making our country proud Tricast Media Pvt. Ltd, XGear, Symbios.pk, Script Technologies, Swap Device, TourPlanner Pk, Ingenious Zone, SMART SurgiSol and Evamp & Saanga. Symbios.pk went on to win the competition and now invited for a mentoring session to United States.
Now Symbios.pk has more than 20,000 products live on their website. The company started with a team of few people now has more than 50+ employees working hard to give the customers best experience while shopping online. In this period Symbios.pk has served more than 500,000 customers all over Pakistan. We have strategic partnership with TCS and other courier companies. We have introduced C.O.D (Cash on Delivery) model for our local customers to create ease and provide them the facility to enhance their shopping experience online.
Mr Saad Jangda | CEO / Founder Symbios.pk
Company Name: Symbios.pk
Facebook Page: https://www.facebook.com/symbios.pk
Product/Idea: Amazon of Pakistan
Idea Description: Converting Existing Ecommerce Website into Amazon of Pakistan