Venture
Capital
Venture
Capital has evolved as an innovative and effective technique
for financing the IT industry. However, Pakistan has
no culture of venture financing and no track record
in this area. This group will combine leading Pakistani professionals
active in venture capital with relevant government entities,
such as the Securities and Exchange Commission and the State
Bank of Pakistan. The goal is to examine the requirements
for a successful venture capital industry in Pakistan and
to use the public sector to provide a strong policy, legal,
and institutional framework for venture capital in Pakistan.
This group aims to:
-
Review
existing laws governing venture capital, identify problem
areas, and recommend solutions which efficiently address
the issues.
-
Organize conferences and seminars in which all stakeholders
and potential investors will participate.
Terms
of Reference
1.
To
improve the venture capital environment so as to boost investor
confidence in Pakistan.
2.
To
identify requirements for an investor friendly Venture Capital
environment
3.
To
address the need for exit strategies for investors
4.
To
identify the need for government support and legislation for
the venture capital
a.
Fiscal
Incentives
b.
Corporate
Incentives
c.
Core
Laws
d.
Impacted
Laws
5.
To
examine and comment on government policy, rules and regulations
with regard to Venture capital and suggest changes that will
help develop the Venture Capital sector in Pakistan.
6.
To
look at necessary actions to protect intellectual property
rights in Pakistan for the benefit of the venture Capital
sector.
Members