Pakistan suffers from a major like of technology research and development. It has the least inclination toward technology development and unless this is corrected we will go from poor to poorer..
The idea is to establish a framework for a Technology Angel Investor Fund or Kharze hasna Fund that will promote technology development that will help create micro and small industry ideas and feasibilities for bringing a large segment of the population to be self sustaining. The fund will lend to passionate technology savvy individuals to come up with technologies and products that will new foundation industries at a low cost indigenously. This will stir the current stale environment and spur long term growth..
This will allow funding for thousands of technology driven engineers and scientists to develop ideas that would pave the way for large scale micro and small industry opportunities..
The result of this will be industrialization and formalization of the micro and small industry sector..
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