The Center opened in February 2015 and is a business incubator specifically designed for female entrepreneurs. Initially funded by a grant by the US Department of State, the Center has reached a critical milestone in its operations by becoming self-sustaining through fee-for-service models and private sector support. The Wecreate Center will now be managed by the Islamabad chapter of The Indus Entrepreneurs (TiE), a Silicon Valley-based entrepreneurial organisation.
"There is no question why Pakistan was chosen to host the inaugural Wecreate Center: The talent, creativity, and human capital that exist here are an inspiration world-wide," Ambassador Hale said during his keynote address. "The Wecreate Center will continue to facilitate economic growth. What Wecreate's entrepreneurs have accomplished in just one year by attaining self-sufficiency is remarkable. This milestone is only the beginning and I cannot wait to see what the women of Wecreate have in store for all of us," Hale added.
Representatives from Wecreate's partner organisations, including start-up Cup, the Hashoo Foundation, and the US-Pakistan Women's Council were also in attendance. Ambassador Hale concluded the event by handing over a ceremonial key to TiE Islamabad's Murtaza Zaidi.-PR