Archive for November 8th, 2007

Winners Of MITCEF Business Acceleration Program Pakistan

Published by Babar Bhatti on November 8, 2007 under Entrepreneurship, ICT, Information Technology, Pakistan

Building on the momentum which started a few months ago the ICT industry in Pakistan is moving ahead, despite the odds. I had written about the launch of Business Acceleration Program in Aug 2007. This month MITCEF of Pakistan has announced the winner and 4 finalists, as reported here. The winner, Sofizar is a very interesting startup which promises to fix one of the major problems with onlines ads: click fraud.

I have been on the mailing list of the  organizers and it is a pleasure to see this event take place and conclude sucessfully in Pakistan. If you want to get a first-hand account of how such events help startups to rise and shine, see this post from Jawwad Farid of Alchemy.

The organizers, sponsors and mentors deserve a pat on the back for making this happen and for creating a precedent of excellent coaching and feedback to emerging entrepreneurs in Pakistan. A special thanks to Ken Morse and Bill Aulet of MIT Entrepreneurship Center for their continued support.

Winner: Sofizar

Runners Up: Alchemy Technologies

Third position: Autosoft

Fourth position: Softech Systems

Fifth position: Tohfay

Read further coverage at Green & White.