HBL and Katalyst Labs have signed a strategic partnership agreement for startup acceleration and enabling female leaders. It will further construct and strengthen the entrepreneurial ecosystem of the nation.
HBL is shaping the future by a paradigm shift towards a ‘Technology company with a banking license’. The bank aims to form ecosystem partnerships and deliver scalable solutions to customers. The end purpose remains to be a customer-centric bank that is fast to pivot as opportunities current themselves by being a mobile-first, data-enabled, inclusive and agile group.
Katalyst Labs is a technology accelerator and innovation hub, founded by Jehan Ara who along with her team has performed a key role in constructing the entrepreneurship ecosystem of Pakistan.
As part of the partnership, Katalyst Labs will develop and run a cohort-based fellowship program for ladies entrepreneurs, professionals, and upcoming business leaders with the aim of coaching them and serving to them develop right into a high-powered network of ladies leaders throughout the country.
An acceleration program may even be run with the purpose to have an elevated focus on facilitating collaboration between start-ups and corporates for data sharing and market exploration with a special focus on fintech, food & Agri Tech, eCommerce, EdTech, health tech, and other verticals.