Secretary of State for International Development attends Business Education event by Ilm2 & British High Commission
The British High Commission organised a networking and exposure event for education businesses at LUMS National Incubation Center (NIC) Lahore marking the completion of their Ilm Ideas 2 project. The event held on February 21st 2019 was attended by Chief Guest, Penny Mordaunt, Secretary of State for International Development in the UK.
The event demonstrated a few of the start-ups from across the country that are actively working on improving the quality or access to education.
Andy Brock, from Cambridge Education, stated,
“I am really delighted to attend this event hosted by NIC Lahore. The facility has been very supportive throughout this project to showcase to the Secretary of State, a whole host of excellent Pakistani businesses and incubators doing a wonderful job improving education.”
About UK Aid
Funded by the UK’s Department for International Development (DFID), UK Aid Direct was established in 2014 as a successor to the Global Poverty Action Fund (GPAF), which was created in 2010. UK Aid Direct is a challenge fund designed to support the UK’s commitments to achieving the Global Goals.
The share of the private sector in the Pakistani education system is around 40% with a higher incidence in cities and about 65% of the market in low cost schools. Ilm2 is actively seeking solutions of all kinds which could find market in this vast low cost sector. It is working with technology companies like Multinet and SABAQ to develop engaging and localized digital content for primary grades. Other projects include support to companies like AZCorp Entertainment and their comic series for children, or Knowledge Platform, a company working on blended learning and assessment models for low cost schools.
lm Ideas II is providing support to twenty-one start-ups through incubators to encourage new private sector start-ups. The majority of them work on quality issues. As a result of IlM2’s interventions, approximately 43,790 children continue to benefit through various programmes and 15,417 children have been enrolled as students for the first time.
About Ilm Ideas 2
Ilm Ideas II (Ilm II) aims to engage players from outside the education sector, primarily the private sector, to develop innovative approaches to improving the quality of education or increasing access to education in Pakistan. It is a four year programme. Ilm II is a national programme and currently has its footprint in four out of five regions (Gilgit-Baltistan, Punjab, KP, Sindh and in AJK).
About National Incubation Center Lahore
The National Incubation Centre Lahore (NIC Lahore) is a first of its kind Incubation & Acceleration platform, launched under the public – private partnership of the Ministry of Information Technology & Telecom, IGNITE, Fatima Ventures & Lahore University of Management Sciences (LUMS). Additional information may be found at www.niclahore.lums.edu.pk