A Memorandum of Understanding (MoU) was signed by the Ignite National Technology Fund and Bank Alfalah to support Pakistani startups and independent contractors financially. The Ignite National Technology Fund is a public sector organization under the Ministry of Information Technology and Telecommunication (MoITT).
Asim Shahryar Husain, CEO of Ignite, and Mehreen Ahmed, Group Head of Retail Banking at Bank Alfalah, signed the Memorandum of Understanding.
In order to meet the short-term financing requirements of entrepreneurs from National Incubation Centers (NICs) and independent contractors from the Digiskills programme, Ignite and Bank Alfalah will collaborate.
Along with representatives from MoITT, Ignite, and Bank Alfalah, MoITT Secretary Mohsin Mushtaq attended the event.

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