Friday, October 16, 2009

Got an Idea, Looking for Angel Investors?

(From website)

Welcome to Tech Angels Network !

Pakistan over the last decade has seen large investment in the IT (Information Technology) infrastructure, deregulation in the telecom sector, privatization and investment in the banking sector. This has resulted in tremendous opportunities and growth in the Information Technology sector. The Bright and Innovative entrepreneurs, of Pakistan are attempting to capitalize on these opportunities and have setup hundreds of companies.  Today, the overall number of local IT firms, as per Pakistan Software Export Board and Pakistan Software Houses Association, is over 1,000 with their revenues growing at an annual rate of 40%.

However, these entrepreneurs have a very difficult time in growing their ventures, due to lack of funding, mentorship and contacts. TAN (Tech Angel Network) the first Angel Network in Pakistan; aims to tackle these problem by providing mentoring to these entrepreneurs and then introducing them to high net worth individuals (angels) like yourself, from whom they may be able to get funding, mentoring and access to contacts. We have already started the process of identifying and working with the above mentioned entrepreneurs who have developed a diverse range of innovative products and services.

TAN founders include,

Mr. Farrukh Captain , Chairman;
Mr. Azhar A Rizvi, CEO;
Mr. Imran Sayeed &
Dr Zahir Ali Syed, Directors and
Mr. Ken Morse, MD MIT Entrepreneurship Center and
Bill Aullet also of MIT Entrepreneurship Center as Advisors to the Board.

Official Website of Tech Angels Network (TAN)

Thursday, October 15, 2009

P@ASHA ICT Awards 2009

Venue: Grand Ballroom, Sheration Hotel, Karachi, Pakistan.
Date: 14th October, 2009
Time: 8:30 – 11:30

A very well thought out and brilliantly organized event, no doubt, P@ASHA is doing great efforts to promote Pakistan’s IT industry and specially young entrepreneurs and new startups. Thanks to these and similar efforts that we are now seeing business community investing and funding in new ideas and opportunities.