Planning ministry allocates grants to young innovators, entrepreneurs

ISLAMABAD: The Ministry of Planning, Development, and Special Initiatives distributed grants to young innovators and entrepreneurs on Thursday. The grants, ranging from PKR 5-20 million, were given under the Pakistan Innovation Fund (PIF).

The awards will help to promote innovation and entrepreneurship in the country.

The award ceremony was held at the Ministry’s auditorium on Thursday in collaboration with Pakistan Television Corporation (PTV). 

Federal Minister for Planning, Ahsan Iqbal was the chief guest at the occasion. 

The ceremony was attended by the Managing Director, PTV Sohail Ali Khan, Director Current Affairs, Aon Abbas Sahi, Executive Producer Shafiq Sultan.

“Through initiatives like the PIF, we are fueling a culture of entrepreneurship and enabling visionary individuals to bring their ideas to life,” said Iqbal while addressing the ceremony. 

Through innovative ideas, he encouraged the youth to contribute to the development of the country, as well as encourage the culture of entrepreneurship to create more job opportunities.