World Bank to support Pakistani start-ups

The World Bank plans to help Pakistan attract private funding for innovative, fast-growing businesses through a proposed $50 million Fund of Funds. The Pakistan Entrepreneurship and Private Investment Catalyst Project is expected to go before the Bank’s Executive Board for approval in early 2027, Dawn reported, citing a project document.

The fund would invest in professionally managed venture capital funds, expanding access to early-stage and growth financing. The project document says it aims to bring more domestic and international private investors into the market, addressing a financing gap and supporting business growth, innovation, productivity and better-quality jobs over time. The operation is planned for nationwide coverage, with no specific geographic investment area set at the concept stage.