All Pakistani residents, aged between 21 and 45 years with entrepreneurial potential are eligible to apply for the loan. For IT/ E-Commerce related businesses, the lower age limit is 18 years. Youth Entrepreneurship Scheme is for both startups and expansion of existing businesses across Pakistan. Loan applications have to be submitted online (hyperlink) only through our website.
Loans provided under YES are segregated into 3 tiers.
PMIL is biggest ever initiative of the Government to promote innovation and entrepreneurial culture in Pakistan.
300,000 youth across the country will directly benefit and 1,500 innovative ideas will be selected for startups.
08 Thematic areas which are aligned with Sustainable Development Goals (SDGs)
Agriculture & Nutrition, Sustainable food eco-system.
Water Management & Sustainability
Irrigation, Water conservation, Waste & Water Treatment.
Climate Change & Environment
Climate Mitigation, Disaster Management, Metro-scale pollution reduction, climate modelling.
Information Technology & Telecom
Artificial Intelligence, Cybersecurity, Cloud Computing, Big Data, Disparities in access of technology, 5G, healthcare using ICT.
Sociology & Philosophy
Intellectual heritage, material culture, future of work and family, politics, gender, population.
Preservation of urban space and life, Planning of Second Tier Cities, Transportation, Waste Collection.
Innovative Governance & Reforms
Responsiveness to Citizen Services, Citizen Scorecards.
Electric mobility, Smart energy, Transmission and Grid issues.