dotzero (formerly karachi plug and play)
TRANSCRIPT
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The Vision
A sustainable, not-for-profit project committed to creating a community space for Pakistan’s enterprising youth that:
▪ Provides a vibrant environment for entrepreneurs and technology enthusiasts to gather and exchange ideas,
▪ Is a hot bed for technology innovation
▪ Offers a platform (forum) that encourages collaboration, enables networking and creates employment opportunities
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“Entrepreneurship spurs economic growth, but how do you spur entrepreneurship?”
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Addressing physical, mental and spiritual needs
Co-working space• Zero Capital Expense, ready to use facility• PAYG model for short and long term engagements• Events & hangout spaces
Mentoring & Networking• Access to multiple serial entrepreneurs under same roof• Help in team & co-founder search via community
engagement events
Investments & Connections• Community Hub, meet the connectors & mavens• Central facility for the entrepreneurial eco-system
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Current Gap
Graduating Students
Young Professionals
Entrepreneurs
Corporate Intrapreneurs
Diaspora & Visiting Experts
▪ Bridging the gap between ‘Business Plan Competitions’ & Real World
▪ Limited access to infrastructure, entrepreneurs, mentorship & talent
▪ Finding co-founders is very difficult due to lack of social spaces
▪ Private space for after-work brain storming, hacking & engaging community
▪ Potential mentors, but lacking organized access to students and professionals
▪ Engaging with other successful entrepreneurs outside of their own domain
▪ Typical ‘innovators dilemma’ – existing team is not thinking disruptive
▪ No avenue for finding innovative, entrepreneurial ‘partners’ for organic growth
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5▪ Experts from Silicon Valley – assisting local talent, or hunting for their new
ideas, people and teams
▪ Looking to setup in Pakistan, but facing infrastructure challenges
Investors6▪ Access to smart people, team
▪ Access to innovative ideas at early stage & participate in them
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Overview
▪ Technology “Plug and Play” for entrepreneurs and technology enthusiasts to gather and exchange ideas
The DotZero “Appeal”
•Creating an ecosystem that fosters inspiration and enablement
•Proximity to smart and intellectually curious people
•Enables networking, collaboration, leads and employment opportunities
•Hotbed for innovative ideas
Target Audience
• Individuals, startups with a passion for innovation in technology, entrepreneurship, media & non-profit
• Pakistani Diaspora across the Globe, wanting to incubate product engineering teams
• Regional companies (Lahore/GCC/Singapore) companies using as travelling office in Karachi
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Atif Azim
▪ Founder of Perfigo, a technology startup in Silicon Valley. Acquired by Cisco Systems
Farzal Dojki
▪ Pakistan start-up expert – early employee in 3 start-ups
▪ Founder of 2 start-ups
▪ 5+ P@SHA ICT Awards
Imran Moinuddin
▪ Founder & CEO, NexDegree
▪ Catalyzing growth for 4 socially conscious tech startups
▪ Founder NX Products Fund
Currently Open
▪ 3 Board of Directors positions
▪ 10 Advisory Board positions
Board of Directors▪ Co-Founder: Mixit ,Inc. & RealFS, Inc.
▪ Founding Board Member, OPEN Karachi chapter
▪ Former Chairman, P@SHA
▪ i2i angel at Invest 2 Innovate
Yusuf Jan
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Niches & Themes
▪ Encouragement to anyone in TED space – Technology, Entertainment & Design - with an ICT component
▪ Emphasis on 4 verticals for focused approach
ICT for Development
ICT for
Mobility
ICT for
Women
ICT for
Teens
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Services Details
Workspace
Business Services
Meeting Rooms
Events
Packages
▪ Seating for 110 people + café for 60
▪ Workspaces for plug & play users, Project “zones” for larger teams
▪ 3 seating types – “deadline serious”, “library whisper” & “casual café”
▪ High Speed Internet, Video Conferencing
▪ Printing and Scanning, Mail and delivery services
▪ Redundant Internet connectivity, back up power supply
▪ Conference rooms with projection capabilities
▪ Brainstorming rooms with whiteboards
▪ Mix of formal & casual seating
▪ Hosting of community events for up to 60-70 attendees
▪ Corporate events – Seminars, Investors, Trainings
▪ Networking Events – Hack-a-thons, Brown Bag Sessions
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5▪ Low barriers to entry – encourage memberships for casual hangout
▪ Student, Freelancer and Start Up plans
▪ Daily, Weekly and Monthly passes
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Proposed Site Plans
Location
Ambiance
Neighborhood
Recreation
▪ 7,500 sq ft facility on the 14th floor of a modern office building
▪ 24x7 access
▪ Panoramic views of the city
▪ Parking for 500 cars within 5 minute walking distance
▪ 125 feet of non-stop glass exterior, 270 degree view of Karachi
▪ Ambient light permeating the entire facility
▪ Minimalistic furniture patterned on international best practices
▪ Building hosts mostly technology outfits
▪ Within 10 minutes from National IT Parks, PSEB & P@SHA offices
▪ Proximity to leading Universities - KU, NED, IBA, MAJU, KSBL, FAST
▪ Easy accessibility to restaurants, shops
▪ Café area with self-service model
▪ Gaming stations; Foosball, Table Tennis
▪ Library with collection of 200+ books
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T14F – Proposed Layout
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Proposed Layout
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Interior Concepts
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Casual Seating
Conference Rooms
Mix of open & closed
Open Workspaces
Project “Zones”
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Business Model
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▪ Not for profit – but self sustaining
▪ Funding needed to get started – we need CAPEX funding. Operations will be self sustaining through mix of commercial, sponsored and free spaces
▪ Proven Global Model - The main source of revenue will be membership charges
▪ Pricing survey conducted, received positive feedback▪ Low barrier to entry▪ Connect 25 hours, 50, 150, unlimited & guest▪ Events space▪ Skill set improvement programs
▪ In Resident companies – from first day, 3 existing, profitable startups would co-locate themselves at this facility, to solve the day-0 revenue challenge and provide in-resident CEO mentorship
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Roadmap
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Plug and Play Center
Networking Events
Startup Acceleration Program
Incubation
Investments 2013
2014
2015
Building an entrepreneurial ecosystem
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Current Status
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▪ Facility▪ Rental contracts agreed▪ Possession received
▪ Construction▪ Architect has been identified▪ Facility layout has been finalized▪ Interior work has started▪ Launch Estimate: End July, 2013
▪ Organizational▪ NGO registered under Societies Act 1860▪ 4 out of 7 Board Members, on board
▪ CAPEX Funding▪ Cost analysis and Revenue model complete▪ Funds raised - 85%
▪ Detailed numbers available - additional deck, kindly contact
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Individual Investment Opportunity
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▪ Why Donate?▪ Early investment opportunity in innovative ideas▪ Access to high caliber talent pool▪ For the encouragement and the betterment of Pakistan’s youth
▪ How Much Do I need to Donate?▪ Anywhere from USD 100 to USD 5,000
▪ When Do I need to Donate?▪ Initial commitment of funds – As per convenience▪ Actual disbursements – May – July 2013
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Corporate Investment Opportunity
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▪ Why Invest?• Brand association with entrepreneurial youth of Pakistan
• Example: Apple Plug & Play Center with Cisco sponsored Video Conferencing rooms
▪ Early investment opportunity in innovative ideas▪ Access to high caliber talent pool▪ For the encouragement and the betterment of Pakistan’s youth
▪ How Much Do I need to Invest?▪ We are looking for investors to sponsor the following areas:
▪ Plug and Play area – please contact for packages▪ Café and Events area – please contact▪ “Zone” Sponsorships – please contact
▪ When Do I need to Invest?▪ Initial commitment of funds – Summer 2013▪ Actual disbursements – Summer, Fall 2013
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Corporate Branding Ideas
Facility name
Working Zones
Conference Rooms
Recreational Area
Cafe
▪ Example: Apple Plug & Play Center
▪ Example: Nokia Innovation Center
▪ Example: Time Machine
▪ Example: The Amazon
▪ Example: App Store
▪ Example: Kindle Fire
▪ Example: X-Box
▪ Example: HP Pavilion
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5▪ Example: Red Bull Café
▪ Example: Google Hangout
Misc Others6▪ Sponsorship of Business plan competition winners
▪ Funding for social entrepreneurs or NGOs