NIB III Idea Entry Form – National Idea Bank Pakistan

NIB III Idea Entry Form

Any Pakistani, living anywhere in the world, can submit an idea in the National Idea Bank III competition. This year's challenge is balancing our trade. We import too much and export much less. We need to find ways how we can import less and export more. Please note that you can save your entry and return to complete this form.

The last date to complete your entry is November 23, 2023.

Basic Information - Step 1 of 6

Title *

Your Name *

Please type your name as it appears on your CNIC

Email *

Confirm Email

Country of Residence *

Confirm Pakistani *

I'm a Pakistani (Only Pakistanis with a valid CNIC or NICOP can apply from anywhere in the world)

Save and Resume Later

Idea Information

What are you building? *

Every idea has an end product or service. Please select the most relevant from the list. Think a lot before picking the last choice.

Title of the Product or Service you plan to offer *

Brief problem statement *

Learn how to write a good problem statement here: wikihow.com/Write-a-Problem-Statement

Define your customers and market *

Briefly explain who your customers are and provide TAM, SAM, SOM

What is your idea to solve this problem? *

Brief Summary required. Please do not provide any confidential information: Learn how to talk about your idea without giving it away.

How your idea is different? *

How is your idea completely novel or examples of similar ideas or devices

Please provide enough evidance that your idea is completely novel or examples of similar ideas/devices. If your idea is novel, please describe what you did to find out about other similar ideas.

Balance of Trade Contribution *

Increase Exports
Reduce Imports

Import Reduction Area *

Mineral fuels and oil *

Electrical or Industrial Machinery including computers *

Animal/vegetable fats, oils, waxes *

Iron and Steel Material *

Import - Name of the other item not listed above *

Please provide the eight digit customs code for the commodity or service along with a short title.

Pakistan's total import of the above item in millions of dollars in 2021-22 *

Why Pakistan has to import this currently? Select all that apply. *

We don't have access to the technology
Technology requires heavy upfront investment
We are producing locally but low quality
We don't have the raw materials or parts needed to manufacture
We don't the right expertise or skilled labor to produce it in Pakistan
Our consumption is too low to setup a manufacturing unit
No one has tried to produce it in Pakistan
Something Else, please describe below

Other reason for Pakistan to import or not export *

If your idea is successful, how much imports will be reduced in millions of dollars? *

Please provide in only in millions of dollars

Area to increase exports *

Export - Name of the other item not listed above *

Export Potential for the above item in Millions of Dollars *

Projected Global Market growth in percent over the next five years. *

Please do not guess and provide a reference link for what number you provide above. Enter 0 if you don't know.

Reference Document Link for Global Market Growth Projections *

Why Pakistan is not exporting this currently? Select all that apply. *

We don't have access to the technology
Technology requires heavy upfront investment
We are producing locally but low quality
We don't have the raw materials or parts needed to manufacture
We don't the right expertise or skilled labor to produce it in Pakistan
International Market is highly competitive
Market is very established and a new player in the market faces serious challenges
No one has tried to produce it in Pakistan
Something Else, please describe below

If your idea is successful, how much exports will be increased in millions of dollars? *

Please provide in only in millions of dollars

Save and Resume Later

Current Stage

Application Type

I am applying as an individual person
I am applying as a team but we have not formed a startup yet
I am applying on behalf of a startup that is registered
I am applying on behalf of a company/business
I am applying on behalf of an organization or institution

Legal Name of the Startup, Business, Organization or Institution *

Please provide the name of your company, organization, or school where you currently study or work.

Type of Business or Organization *

Annual Operating Budget of your Company/Organization/Institution/Department *

City where startup, Business, Organization or Institution is registered *

Please enter the name of the city where your startup, business, organization or institution has its main office. Please type full official name of the city.

Stage of your Startup

Target Customer Type

Business Model

Industry or Sector in Pakistan that will buy most of what you produce *

Currently, what kind help do you need the most? *

In case of other, please specify what help do you want? *

Are you looking for investment right now

Yes, early stage angel investment
Yes, Venture Capital
No, I don't need investment
No, I am not ready for investment yet

How much investment do you need in US Dollars *

Select all that you already have completed

Minimum Viable Product Design
Lean Canvas
Competitor Analysis
Go to market strategy
Capital Investment/Startup Cost Assessment
Financial Projections
SWOT Analysis
Technology Sourcing Plan
Patent Application
Copyrights
Trademark Registration
Pitch Deck

Define competitive landscape. *

Name at least 3 competitors with their weaknesses & strengths, how do you discriminate from competitors.

What is your marketing plan or Go-to market strategy? *

What is your high-level financial plan? preferably showing 3-5 year projections with break-even and profitability points. Also show financial scalability. *

Identify key risks and oppurtunities that may impact the business plan *

Provide details on how you will source the needed technology for the production unit *

Please provide patent/publication/trademark/copyright details *

Upload your pitch deck *

Click or drag a file to this area to upload.

Save and Resume Later

Team Information

Applying from which Province? *

If you are an Overseas Pakistani, please pick your home province/region in Pakistan

Nearest Large City *

Select your own city if your city is in the list. If you live in Islamabad, pick Islamabad. If your city is not in the list, pick the nearest city.

Your LinkedIn Profile Address *

Your Gender *

Your WhatsApp/Cell Number *

Name of the University You Last Attended or Currently Enrolled In *

Please select the university form this list or select the last choice

Total number of people in your team

Selected Value: 1

How many team members do you have, Include yourself too?

Are you the team lead? *

Your Team Lead Name *

Team Lead Email Address *

Confirm Email

Team Lead WhatsApp/Cell Phone Number *

Team Lead's LinkedIn Profile URL *

Profile Picture (Your or team lead) *

Click or drag a file to this area to upload.

Please make sure that it is a clear profile picture with your face visibile and a light background.

Company/Startup Logo *

Click or drag a file to this area to upload.

Authorization *

I confirm that I am authorized by my startup, business., organization or institution to submit this application on their behalf. I understand that by submitting this application, I will be considered as the lead innovator or the team lead, and will be responsible to communicate on my startup/business/institution/organization behalf.

Save and Resume Later

Sustainable Development Goals (Pick up to 3 relevant to your idea) *

Goal 1: No Poverty
Goal 2: Zero Hunger
Goal 3: Good Health and Well-Being
Goal 4: Quality Education
Goal 5: Gender Equality
Goal 6: Clean Water and Sanitation
Goal 7: Affordable and Clean Energy
Goal 8: Decent Work and Economic Growth
Goal 9: Industry, Innovation, and Infrastructure
Goal 10: Reduced Inequalities
Goal 11: Sustainable Cities and Communities
Goal 12: Responsible Consumption and Production
Goal 13: Climate Action
Goal 14: Life Below Water
Goal 15: Life on Land
Goal 16: Peace, Justice and Strong Institutions
Goal 17: Partnerships

Confirmation *

I have read the application carefully and all the info provided is correct and I will be responsible for any incorrect information. I understand that I may be disqualified for providing false information or for omitting pertinent information. I also confirm that am not submitting any confidential information with my application. I also confirm that this idea was developed by me and my team and I have not copied this idea from elsewhere. I also confirm that I understand that the National Idea Bank is an independent body and it makes all the decisions without any political influence and without any influence from the partnering institutions. By checking this box, I give permission to the National Idea Bank team to share this details with the judges. I also agree that the decision by the National Idea Bank team will be final.

Save and Resume Later

Updating preview…

This is a preview of your submission. It has not been submitted yet!
Please take a moment to verify your information. You can also go back to make changes.

Save and Resume Later

Your form entry has been saved and a unique link has been created which you can access to resume this form.

Enter your email address to receive the link via email. Alternately, you can copy and save the link below.

Please note, this link should not be shared and will expire in 30 days, afterwards your form entry will be deleted.

Copy Link

Email *