INP-WealthPk

Govt initiative to provide financial, technical support to youth

November 10, 2022

The government of Pakistan has launched the Prime Minister National Innovation Award 2022 to provide financial and technical support to youth through an incubation option, WealthPK reports. According to a statement, all Pakistani youth aged between 15 to 30 years are eligible for the award, which is a part of the Prime Minister Youth Programme. The deadline for the award application is November 15, 2022. The award will provide an opportunity for young entrepreneurs to present their innovative ideas related to eight thematic areas with a specific focus on eco-innovation for a chance to win up to Rs2 million.

The thematic areas include water management and sustainability (irrigation, water conservation, waste and water treatment), climate change and environment (climate mitigation, disaster management, metro-scale pollution reduction, climate modelling), information technology and telecom (artificial intelligence, cyber security, cloud computing, big data, disparities in access to technology, 5G, and healthcare using ICT) and sociology and philosophy (intellectual heritage, material culture, future of work and family, politics, gender, and population).

Other areas include urban planning (preservation of urban space and life, planning of second-tier cities, transportation and waste collection), innovative governance and reforms (responsiveness to citizen services, citizen scorecards) sustainable energy (electric mobility, smart energy, transmission and grid issues) and food security (agriculture and nutrition, sustainable food eco-system). The award will be given through a regional and national level competition. The selected ideas and teams will be engaged with the private sector and start-up industry. The selected teams and ideas will also get scholarships and training. The competition will help in promoting start-up culture and generating sustainable and green jobs, according to the statement received by WealthPK.

Credit : Independent News Pakistan-WealthPk