About the New Venture Contest

Industrial Partnership Projects (IPP), in collaboration with Engineers for Community Welfare (ECW) of Pakistan, Khwarzemic Institute of Computer Sciences (KICS) Pakistan, and Akhuwat Pakistan plans to host a competition for aspiring entrepreneurs from November 1, 2022 till May 2, 2023. This will be a business ideas competition, inspiring young entrepreneurs to develop their business dreams to make them real. All entrepreneurs, including Graduate and undergraduate students, can join to promote their proposals and compete for up to top-prize of $15,000 interest-free loan for starting their business.


This will be a partially virtual new enterprise championship. Participants shall embark on a journey unlike any other. It will be a chance for them to pitch their venture plans and compete for up to $15,000 in interest-free loan. In addition, all participants receive unparalleled feedback from world-class business professionals and obtain attention from different investors.

Sign Up for the 2023 Competition

Please review the competition details of 2023 NVC to learn about the submission requirements before you submit your proposal.

Once you have read the competition details, please click below to submit your proposal for competition.    

Submit your Proposal for 2023 NVC


If you have a question, please send an email to info@ippus.org

Award Money for the 2023 Competition

The NVC is a multiple round competition culminating with in-person presentations of the top three proposals to a panel of expert judges.  Prizes in the form of non-interest loans shall be awarded as follows:

1st Place – $15,000

2nd Place – $10,000

3rd Place – $5,000


The loan will be returnable in installments after the first two years of the full payment of the loan. 

Schedule 

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- Nov 30, 2022 – Executive summary submission deadline for the qualifying round

- Dec 1 to Dec 30, 2022 – Executive summaries assessment

- Jan 1, 2023 – Announcement of semi-finalists

- Jan 2 to Feb 2, 2023 – Submission of detailed proposals for the semi-final round

- Feb 4 to Mar 19, 2023 – Interviews and presentations of the semi-finalists

- Mar 26, 2023 – Announcement of the three finalists

- Mar 23 to Apr 22, 2023 - Ramadan and submissions for the final round

- May 2, 2023 – Finals round and awards presentation

Judging Criteria

To maintain a sustainable edge, businesses must combine economic interests with environmental and social values. That is why we expect our semifinalists to address aspects of their companies that will positively impact our society and environment. Judges shall look for teams’ plans for managing their resources to their advantage and the means with which they intend to use the information to make a durable and transformative impact in a world where human capital is abundant. Providing employment opportunities and import substitution should be a focus.

Format for the Contest

A brief description is given below for the NVC plan; the pool of the participants is narrowed during the course of the competition:


Round 1: Executive Summary (Online) Participants shall submit an Executive Summary (two-page maximum) of their business concept and verify their stake in the. Entries must be received by 11:59 p.m. Pakistan Time on Nov 30, 2022. The top 10 teams will be informed of advancement to the semi-final round by January 1, 2023.


Semi-final Round: Business Plan and Presentation The teams that move to this round will require to submit a complete business plan, cap table, verification of establishment of a legal entity (if available), and tax forms (if open) by 11:59 p.m. Pakistan Time on February 2, 2023. The semi-finalists will also be asked to submit a video recording for pitching their idea to judges. The judges, after viewing the video, the plan, and other submitted documents, shall grade the new venture ideas. Based on the grading, three out of the ten teams shall move on to the final round.


Finals Round: All three teams of the final round shall be invited for an interview and presentation May 2, 2023.  The venue will be announced at a later date.


Judging Review and Final Scoring Judges will review presentations and finalize the scores. Winners of the awards will be announced at the Awards ceremony on Saturday, May 2, 2023.


About The Judges: More than 40 industry leaders shall comprise our panel of judges. Our respected judges shall provide competition participants valuable feedback and invaluable guidance from the real world at all levels. With their enhanced experience of local industries, our esteemed judges may mentor and provide critical analysis to participants. This is a competition and a platform for learning and gaining expert knowledge of the business world.

Contest Rules

The competition rules are available here.

Our Judges

Sheheryar-Ali
Sheheryar Ali
Finance & Banking
Shahid-Bhatty
Shahid Bhatty
Business & Finance
Raheel-Bodla-Picture
Raheel Bodla
Success Coach
Shahid-Khan
Shahid Khan
Business Digital Transformation
Hamid-Pia
Hamid Mahmood
Business Development Strategist
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Khurram Agha
Software Developer & Finance
zahirjavedparacha
Zahir Javed Paracha
Businessman and Academic
Aamer Rehman
Aamer Rehman
Supply Chain Planning
Nauman Younas
Nauman Younas
Program Manager/Engineer
Fallak Sial III
Fallak Sial
Agricultural Engineer
Azhar Hameed
Azhar Hameed
Humanist
Ahmad A Siddiqui II
Ahmad A. Siddiqui
Entrepreneur & Business Planner
Bilal Khalid
Bilal Khalid
Business Technology Executive
Asim Zakaria
Asim Zakria
Business Technology Executive
Muhammad Rafiq
Muhammad Rafiq
Project Manager
Farooq Saeed
Farooq Saeed
Associate Professor of Mechanical & Energy Engineering
Ghulam Kafeel
Ghulam Kafeel
Organization Transformation Consultant
Qamar Fazal
Qamar Fazal
Director and founder member at Dynamic Green
Agha Hassan Akram
Agha Hassan Akram
Engineering Advisor
Rabia Armaghan 1
Rabia Agha Armaghan
Entrepreneur/Program Designer/Brand Strategiest
Noorul Ain Khan 1
Noor-ul-Ain Khan
Academic
Dr Uzma Ansari
Dr Uzma Ansari
Dentist
Azher Rana
Azher Rana
Electrical Design Engineer
Arslan Munir
Arslan Munir
Data Sciences, Safety, and Regulatory
Niaz Khan
Niaz Khan
Systems Analyst
Syed Haris Ali
Syed Haris Ali
Entrepreneur/Businessman
Zain Farooq
Zain Farooq
Entrepreneur
Muhammad Bhatti
Muhammad Bhatti
Senior Scientist
Mairaj Ahmed
Mairaj Ahmed
Program Management Executive
Shakeel Muhammad
Shakeel Muhammad
Digital Transformation
Azfar Kamal
Azfar Kamal, PhD
Mechanical Engineer/Product Manager/R&D
Mustafa A Khan
Mustafa A. Khan
Chartered Accountant
Iram Tanvir
Iram Tanvir
Professor of Marketing Strategy
Zahid Zafar 1
Zahid Zafar, MD
Medical Director
Muhammad Waseem Younas
Muhammad Waseem Younas
Electrical Engineer/General Manager
Sadia Salman
Sadia Salman
Visionary Business Leader/Entrepreneur
Abdul Khaliq
Dr Abdul Khaliq
Professor of Electrical Engineering
Saeed-ur-Rehman
Dr Saeed-ur-Rehman
Professor of Electrical Engineering
Farrukh Kamran
Dr Farrukh Kamran
Professor of Electrical Engineering
ParveenDanishRao
Parveen Afshan Rao
Philanthropist/Educator
Umaira Ikram
Umaira Ikram
Analog Design Engineer
Zulki Khan
Zulki Khan
Engineer & Entrepreneur
Mian Asim Aziz 2
Mian Asim Aziz
Leadership & Executive Coach and Consultant
Tauseef Ahmed
Tauseef Ahmed
Telecommunications Professional
Nauman Zafar
Nauman Zaffar
Associate Professor and Entrepreneur
Imran Hameed
Imran Hameed

Professor Entrepreneurship and Business Strategy & Ethics

Uzair Shahid
Uzair Shahid

Innovation Professional

KhurramWaheed
Khurram Waheed

Senior Director, NXP Semiconductors

MuhammadNauman
Muhammad Nauman
Entrepreneur/Digital Transformation Consultant
FaisalMasoodAfzal
Faisal Masood Afzal

Chartered Accountant

KanwalCheema
Kanwal Cheema

Business Transformation/Global Strategist/Global Business

IshfaqAhmad
Ishfaq Ahmad

Professor at UT Arlington; Author

MohammadRiaz
Mohammad Riaz
General Manager, Mass Projects

Abid Saeed 3
Abid Saeed
Technologist

Faraan Irfan
Faraan Irfan

Music Tech Entrepreneur

Haseeb Siddiqui
Haseeb Siddiqui

Entrepreneur/Fulbright Scholar @ UC Berkley
Ali Baig
Ali Baig

Startup Advisor & Engineering Manager

Shahid Qamar
Shahid Qamar
Humanitarian, Technical Solution Consultant and Data Scientist
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Muhammad Danish
Entrepreneur/Telecomms Professional
(picture pending)
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Bader Qureshi

Engineering Program Manager
(picture pending)