 Population of 180 million  Two-thirds under the age of 30  42% below poverty line  30% of GDP from Small and Medium enterprises

(million no.) Labour force Employed Unemployed Source: Economic Survey of Pakistan

Self-sufficient Proactive Creative Initiators Confident Ownership

 110/189 in the ease of doing business  73/189 on getting credit  91/189 on trading across border  105/189 in starting a business Source: Doing Business 2014

 Lack of supporting legal framework  Lack of sustainability due to absence of mergers and acquisitions  Absence of R&D culture  Inhibiting infrastructure (energy in particular)  Government regulations on trade  Cultural barriers  Lack of access of aspiring entrepreneurs to mentors/role models  Lack of scaling up opportunities

 Give recommendations to policymakers based on science/research

 Create a forum to bring together policymakers, entrepreneurs, business mentors, academia, venture capitalists, private equity investors and expats to propose solutions  Centre for Entrepreneurial Development of the Institute of Business Administration (IBA)  Centre for Innovation & Entrepreneurship (CIE) at NUST  The Indus Entrepreneurs (TIE)

 Meetings with successful entrepreneurs  Exposure to similar forums in the US  What works/what doesn’t  Access to a large network of professionals  More knowledge about Pakistan from a group of religiously, geographically, and ethnically diverse, enthusiastic young Pakistani leaders  Possible collaboration with other fellows