PlanX has partnered with Blackbox, a Silicon Valley based non-profit commited to elevating entrepreneurs everywhere. Blackbox Connect, the flagship program of Blackbox, is a two week residential program in Silicon Valley designed to maximize entrepreneurial growth through global connections to mentors, advisors, and industry experts.
PlanX is a project of Punjab Information Technology Board. Founded in September 2014, PlanX is Pakistan’s largest accelerator that allows commercially viable mid-stage technology startups to be empowered by providing them access to funding and training channels.
Blackbox has allocated a total of four spots for PlanX-nominated startups to participate in upcoming program cycles of Blackbox Connect. As a partner, PlanX will nominate a minimum of four and a maximum of six startups for each of the open programs offered for Summer 2017 (August 14–25) and Winter 2018 (January 22 – February 2) in Silicon Valley. PlanX will ensure that nominated startups complete the application process and meet the minimum requirements for the program as specified by Blackbox. The eligibility criteria is as follows: a) Applicant must be the original startup founder or co-founder, b) Applicant must be proficient in English, and c) Startup must have launched a product in the market by program date and have user or customer feedback. Blackbox will select up to two startups for each program cycle, with participating startups having the opportunity to connect with entrepreneurs from across the globe and a world-class lineup of Silicon Valley leaders. Blackbox alumni receive post-program support, including ongoing mentorship, alumni events, and regional in-country programs. Commenting on the partnership, Chairman Punjab Information Technology Board , Dr. Umar Saif said:
“This partnership will not only ensure Pakistani entrepreneurs get access to Silicon Valley network but will also let the world know about the immense talent and creativity embodied in Pakistani entrepreneurs, which will in turn help drive more investments in Pakistani startups. We look forward to making global success stories from Pakistan through this program.”
Blackbox believes entrepreneurs are the core engine of economic growth and aims to elevate them to reach their full potential through its immersive global programs. Currently, Blackbox has a network of over 350 Blackboxers across more than 60 countries and six continents. Ninety percent of Blackbox startups continue to grow as their founders emerge as leaders in startup communities around the world. On what sets the Blackbox model apart, Founder and CEO Fadi Bishara explains:
“Our entrepreneur-first approach instills a holistic growth mindset, allows for the open exchange of knowledge across borders, and ultimately translates to greater success back home.”
The Blackbox experience enables founders to have a profound mind shift both professionally and personally. “At Blackbox we don’t just help founders play the startup game better,” says Bishara, “we help them play a better game.”
The next cycle of Blackbox Connect (its 19th cohort) will take place August 14–25 at Fact0ry in San Francisco, offering the opportunity for entrepreneurs to live and learn together while connecting with top Silicon Valley entrepreneurs, investors, thought leaders, and executives in an intimate and inspiring environment. The program culminates in the Blackbox Startup Showcase, where entrepreneurs have the chance to pitch their businesses to potential investors, strategic partners, and other Silicon Valley players. Chad Kaul, Senior Director of Blackbox, added:
“We’re excited to work with PlanX to elevate Pakistani entrepreneurs and look forward to increasing the impact of their innovations on the world.”
Both PlanX and Blackbox strive towards a more innovative future. Together, we can create an entrepreneurial ecosystem that will allow startups and entrepreneurs an opportunity to build global companies no matter where they are born. This collaboration opens the door for great possibilities for international and Pakistani startups to learn, connect, and grow together.
Blackbox is a Silicon Valley-based nonprofit working to elevate entrepreneurs across the globe. Our entrepreneur-first approach is grounded in two fundamental beliefs: that entrepreneurs are the core engine for global economic growth, and that they need someone in their corner. Blackbox Connect was launched in 2011 as our flagship offering in Silicon Valley, with Google for Entrepreneurs powering two cycles each year since 2013. Blackbox has since expanded to offer 3-day in-country programs (called Blackbox Ignite) for partners around the world. To learn more, visit http://blackbox.vc or follow us on Twitter (@blackboxvc) or Facebook (fb.com/blackboxvc).