NSPIRE, the technology incubator started by NETSOL Technologies, officially signed a memorandum of understanding (MOU) with Microsoft Pakistan in a ceremony that took place at NETSOL offices on November 17, 2016. The two companies are teaming up to foster innovation, encourage entrepreneurship and provide senior mentorship to promising new start-ups.

Speaking at the signing ceremony, NETSOL Technologies Chief Operating Officer Omar Ghauri explained, “NETSOL’s NSPIRE incubator is a relatively new player in this market; however, NETSOL has been contributing towards the success of entrepreneurs since its inception by giving entrepreneurial technologists an outlet to create new and useful products for clients around the globe. Collaboration with Microsoft in this front, and particularly the use of Microsoft’s powerful software engineering tools, will surely help add intense and increasing value to the NSPIRE incubator for aspiring entrepreneurs.”

Both NETSOL Technologies and Microsoft Pakistan have a deep commitment to helping young entrepreneurs reach their visionary destination through incubation and entrepreneurial support. This partnership will provide more opportunities for everyone involved, given the current climate of growth in the technology industry in Pakistan.

“We see a lot of potential in Pakistan when it comes to entrepreneurship. We’re excited to collaborate with NSPIRE to add value in the entrepreneurial ecosystem,” said Leila Serhan, regional general manager, Microsoft North Africa, East Mediterranean and Pakistan.