ATX+PAK Advance is a 4 week long program being held in Austin, USA. The program offers an increase in import and export between Austin and Pakistan, growth opportunities for businesses between the two countries and customized mentoring and individual coaching. few highly competitive startups will travel to Austin and receive customized tools, resources, and connection to establish their global offices from Capital Factory, the center of gravity for entrepreneurs in Texas, which being the number one startup state in the USA.
25 startup companies from across Pakistan are selected which will advance to the semi-final round of the ATX+PAK Advance: Global Market Access Program (GMAP), from there, ten companies will advance to the final stage of the program happening in Austin, USA. ATX+PAK Advance: Global Market Access Program (GMAP), is a two-year intensive business development program focused on accelerating the international expansion of Pakistan businesses. The GMAP is a partnership between the City of Austin, Texas, Innovation District 92, and Capital Factory.
Following are the lucky talented startups of our country:
AClan, ALRUG, baseH technologies, Codematics Services, Creatrixe, CricFlex, Deltacron Business Technologies, Freightix, Gohar and Company, InstaSafe, Journal Post LLC, MangoBaaz, Mapalytics, Maqami, MoboKey – Car Chabi, SOFTBEATS, Takhleek Studio, Thekaydaar, The Support Group, TRIAC, Vampwelt, Vceela, Whinstone, YUGO, Sehat.com.pk.
More than 60 applicants from across the country applied for this prestigious opportunity, representing a diverse range of products and services. The semi-finalists were chosen based on a variety of criteria, including potential for long-term success in the US market.
The GMAP semi-final round includes a three-day selection boot camp May 3 to May 5 hosted by Innovation District 92 (ID92), the City of Austin’s official ATX+PAK programming partner in Pakistan.
“We’re delighted to be partnering with ATX+PAK Advance which will most definitely result in positively impacting Pakistani entrepreneurs, help them grow and scale their businesses and create increased opportunities for both Pakistan and Austin.” – Nabeel Qadeer, CIO Superior Group, CO-Founder ID92
A team of seasoned investors, and business mentors from Capital Factory, the largest business accelerator in Texas, will lead the boot camp sessions. The robust programming schedule will include in-depth analysis of each company’s state of readiness for international expansion as well as deep-dive discussions on topics ranging from market readiness strategies, to forming strategic partnerships. The team from Capital Factory consists of Chris Gillan, Senior Vice President, Corporate Innovation, and Fred Schmidt, Director International Affairs and Michael Morton, Mentor at Capital Factory.
At the conculcion of the event, ten startups will proceed to the final stage of the program that will take place in Austin. The goal is to have those companies to have initiated or completed US expansion plans by the ATX+PAK Advance program close in fall of 2020.