LUMS Center for Entrepreneurship (LCE), in only a short time of its conception, has managed to become one of the most recognized in bringing entrepreneurs to the spotlight. LCE is now taking applications for the latest installment of the 4-month summer program called “The Foundation”. The program offers business incubation and acceleration to those who are accepted in it.
The Foundation Council will test and examine your startup rigorously after which LCE picks up the most noteworthy startup. So if you are planning to apply for the program, make sure you are an entrepreneur who has a passion in pursuing their startup to its full potential.
The Foundation will offer many facilities and luxuries to the accepted startups. The founders will be guided through the administrative hassles of the startups. There will be agreed upon milestones which will measure the startup development over the course of the 4-month incubation/acceleration cycle. The startups managing to meet the expectations of LCE will be showcased at an investor conference upon their graduation.
See Also: LUMS Center for Entrepreneurship reveals it’s achievements on first Birthday
Selected startups aren’t bound to pay anything, but they will have to offer a certain portion of their company’s equity or share to LCE. The Foundation offers the following facilities to startups based on three equity packages, 2.5%, 5.0% and 7.5%.
The last date to apply for The Foundation is July 30th. You can submit your applications here.
Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…
Working on multiple AI models, Apple has allocated several teams who are working on artificial…
The world's largest offshore wind turbine has achieved a milestone by setting a new record…
YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…
In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…
Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…
Leave a Comment