Karandaaz Innovation Challenge Fund
Karandaaz Pakistan seeks to promote access to finance for small businesses through a commercially directed investment platform, and financial inclusion for individuals by employing technology enabled digital solutions. By providing and leveraging long term financing and business expertise to small growing businesses (SGBs) in Pakistan; directly and in partnership with other private and public intermediaries, Karandaaz’s vision is to foster inclusive economic growth, job creation and rising incomes.
In 2016, with the financial and institutional support of the United Kingdom’s Department for International Development (DFID), Karandaaz launched its Innovation Challenge Fund (ICF).