Lahore, Pakistan – COLABS and Endeavor Pakistan are pleased to announce the signing of a Memorandum of Understanding (MOU) to collaborate on ecosystem initiatives in Pakistan. The MOU was signed on March 31, 2023, at COLABS Lahore in the presence of representatives from both organizations.
Omar Shah, CEO of COLABS, stated “We are thrilled to partner with Endeavor who share our vision of uplifting the startup ecosystem in Pakistan. This collaboration brings together the expertise and resources of both COLABS and Endeavor, which ensures we can create a thriving ecosystem that nurtures and empowers startups, providing them with the support, mentorship, and opportunities they need to succeed. Our collective focus will be on hosting a series of impactful events, initiatives, and thought-provoking content that ignites innovation and drives entrepreneurship forward.”
As part of this strategic collaboration, Endeavor Pakistan has established its Lahore offices at COLABS, providing a dynamic and innovative environment that fosters entrepreneurship and inspires growth. COLABS, is one of Pakistan’s leading flexible workspaces, with its headquarters in Lahore. The COLABS Lahore Campus, is a state-of-the-art facility that provides fully furnished offices, coworking spaces, mentorship, and networking & Learning opportunities for startups and entrepreneurs in Pakistan.
“We’re excited to be a part of the COLABS community and to work closely together on ecosystem engagement initiatives that are powered by Endeavor’s unique global network in order to scale the highest impact entrepreneurs in Pakistan,” said Ali Samir Oosman, Managing Director of Endeavor Pakistan.
The collaboration between COLABS and Endeavor Pakistan aims to create a stronger entrepreneurial ecosystem in Pakistan by providing knowledge and global expertise to startups/entrepreneurs with the necessary resources, support, and platforms to scale their businesses. In addition to establishing offices at COLABS Lahore, both organizations are excited to collaborate on future ecosystem events, to be hosted at COLABS, connecting startups and entrepreneurs with investors, mentors, and other key players in the ecosystem.
About COLABS: COLABS is Pakistan’s fastest-growing flexible workspace, thoughtfully designed to enable people and businesses to grow. We aim to inspire collaboration, productivity, and innovation through our community and network. With a vision to redefine the future of work in Pakistan. In early 2022, COLABS raised $3 million in a seed round led by Indus Valley Capital, Zayn Capital, and Fatima Gobi Ventures. This was the first time these three leading Pakistan-focused VCs invested together in a startup. About Endeavor Pakistan: Endeavor is the leading global community of, by, and for High-Impact Entrepreneurs – those who
dream bigger, scale faster, and pay it forward. Driven by the belief that High-Impact Entrepreneurs transform economies, Endeavor is on a mission
to build thriving entrepreneurial ecosystems in emerging and underserved markets around the world.
Endeavor creates a Multiplier Effect by inspiring high-growth founders to dream bigger, supporting and investing in them to scale faster, and providing a platform to pay it forward – thereby compounding their individual impact. To sustain Endeavor’s long-term operations in a mission-aligned way, Endeavor created Endeavor Catalyst – a rules-based, co-investment fund, set up to invest in the same High-Impact Entrepreneurs that Endeavor supports. Today, Endeavor Catalyst is among the world’s top early-stage funders of startups-turned $1B+ companies (“Unicorns”) outside of the U.S. and China.
Contact Information:
COLABS
Email: info@colabs.pk
Website: https://www.colabs.pk/
Endeavour Pakistan
Email: pakistan@endeavor.org
Website: https://endeavor.org/pakistan/