iceaddis — Ethiopia's First Innovation Hub and Startup Incubator
Ethiopia
Founded in 2011 by three former GIZ staff, iceaddis became Ethiopia's first tech innovation hub. A decade on it reported …
Pakistan · Lahore · See the Pakistan profile · See the Lahore profile
Evidence: Descriptive / self-reported Top 76% 57/100 · Ask Evidence Copilot about this practice
Launched in December 2017 by Ignite (Pakistan's Ministry of IT) and LUMS, NIC Lahore has run nine investor-summit cohorts and reports 350+ startups incubated and over Rs5 billion raised by its portfolio — figures self-reported and not separated from the wider 8-city NIC network.
The National Incubation Center (NIC) Lahore was inaugurated on 23 December 2017 at the Lahore University of Management Sciences (LUMS) campus, the second location in Pakistan's government-backed National Incubation Center network after Islamabad (2016). The network has since expanded to eight centres nationwide (as of late 2025).
NIC Lahore runs cohort-based incubation and acceleration programmes across sectors including agritech, cleantech, edtech, healthtech and fintech, culminating in investor-summit pitch events.
Since 2017, NIC Lahore has incubated 350+ startups (self-reported), whose portfolio has raised an estimated Rs5 billion (~US$18 million) and generated around Rs1 billion in revenue. The centre incubates roughly 50 startups and accelerates around 10 per year, with about 25% women-led. Across the full eight-centre national NIC network, self-reported figures for late 2025 show 1,990+ startups incubated, Rs31.6 billion raised, Rs27 billion in revenue, and 185,000+ jobs supported. These are organisational self-reports; no independent impact evaluation was identified, though a 2024 i2i Pakistan Startup Ecosystem Report provides third-party market context.
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