Good news for aspiring entrepreneurs, now you can convert your idea into the reality in the shape of thriving business.
Invest2Innovate (i2i) has recently launched a Startup Toolkit to assist the entrepreneurial community of Pakistan.
Invest2Innovate (i2i) is a reputed organization and its work for entrepreneurs support is remarkable. The team has already launched the i2i Investor Toolkit in 2016. Now it has released the i2i Startup Toolkit comprising 101 guidelines to start a business by executing the ideas successfully.
i2i Startup Toolkit
No doubt, converting the idea into a working business is a challenge for starters and entrepreneurs. Owing to the hurdles and lack of understanding, many start-ups die before become fully alive.
What is needed to assist the youth to understand critical aspects of business conversion and execution of processes in a comprehensive manner to make it functional leading to profitability.
Therefore, proper legal assistance, comprehensive know-how and potential of decision making is essential to be offered in order to turn ideas into big businesses.
The i2i Startup Toolkit is a response to lack of proper education regarding start-ups. An effort has been made to combat ignorance and lack of authentic information to assist new business founders.
According to the Co-founder of Wukla, Mubariz Siddiqui, It is a comprehensive guide on business start-ups regarding legal policies and procedures to make the journey of entrepreneurial easy and understandable for aspiring individuals.
Some of the integral components of the i2i Startup Toolkit are:
- Registering a company in Pakistan
- Types of businesses and legal entities
- Applicable taxes on businesses
- Idea protection and Intellectual Property rights
- The due diligence process – what investors demand
- Types of investments
- Contracts and agreements
- Company valuation
- Term sheets and their significance
Fahad Awan – Co-founder of Easy Insurance, says:
This startup toolkit has all the relevant legal information that a founder seeks during his/her journey. It’s a must read to have the legal aspects of your startup covered.
What is i2i?
i2i has been operating in Pakistan since 2011. The organization is aimed at assisting entrepreneurial growth as a part of sustainable ecosystem. The organization has offered an Accelerator program named i2i Accelerator which is intended to find and promote entrepreneurs.
Adequate business assistance is provided to the eco-friendly ideas and introduced them to mentors and potential investors during the course of a 4-month program.
Additionally, i2i has tracked two more verticals including:
Insight – intended to provide authentic insights using literature, data, analysis of research, and factual analytics to make it easy for the investors and starters to understand market trends and growth.
And Invest – aimed at offering easy access to initial capital required to penetrate in such markets.