More

    Ignite to Empower 25,000 Freelancers With Substantial Subsidies

    In a major move to bolster the freelance landscape in Pakistan, the Ignite National Technology Fund is gearing up to implement a groundbreaking subsidy model, operating under the co-working spaces project, is set to empower a whopping 25,000 freelancers across the country, making a substantial impact on the flourishing freelance ecosystem.

    According to sources within the Ministry of Information Technology (IT), funding for the co-working spaces project will be derived from two primary sources. The Public Sector Development Program (PSDP) has already given the green light to Rs. 1 billion dedicated to establishing e-Rozgar centers nationwide. The Pakistan Software Export Board (PSEB) will utilize this amount to set up 250 e-Rozgar centers, as part of the first phase of the project.

    The second phase, spearheaded by Ignite, is on the verge of completion, focusing on the development of a tailor-made subsidy model benefiting 25,000 freelancers. Sources indicate that Ignite is now in the final stages of seeking board approval before releasing a request for proposals for the project.

    This groundbreaking endeavor is estimated to cost between 2.5 billion to 3 billion rupees, with Ignite allocating the budget to subsidize freelancers. The funds will ultimately be channeled to co-working space owners, empowering them to provide essential facilities for freelancers across the nation.

    The Ministry of IT and Telecom is gearing up for the imminent launch of e-Rozgar centers, with the PSEB collaborating with established Software Technology Parks in 27 cities to expand the e-Rozgar network.

    In a bid to further incentivize private building owners, the government is set to extend interest-free loans of up to 10 million rupees for the conversion of their buildings into e-Rozgar centers. This move is expected to play a crucial role in enhancing the infrastructure for freelancers and promoting the growth of the freelance sector in Pakistan.

    Also Read: Ali Ahmed Khan Appointed as President Middle East, Pakistan, and Africa (MEPA), Joins Executive Board of FrieslandCampina Global

    Latest articles

    Lucky Cement Limited organizes Heart Screening Camp near Pezu Plant

    Lucky Cement successfully concluded a heart screening camp from April 15 to 17, 2025, for the residents of the communities surrounding its Pezu Plant....

    IMC Promotes DEI at Pakistan’s First-Ever Reverse Career Expo

    Indus Motor Company (IMC), in collaboration with the National Aerospace Science & Technology Park (NASTP) and Ashrei Tech, proudly participated as Title Sponsor in...

    Mobilink Bank and JazzCash champion Financial Literacy with nationwide outreach drive under PFLW 2025

    Pakistan’s leading digital microfinance institution, Mobilink Bank, along with Pakistan’s largest fintech platform JazzCash, are spearheading a powerful national drive to promote financial awareness...

    Implementation of UN’s SDGs in Tharparkar

    The implementation of the United Nations’ Sustainable Development Goals (SDGs) in the poverty-hit Tharparkar area has resulted in rapid human development. Amid poverty, water scarcity,...

    Related articles