The grant is awarded through an entrepreneurship program of Advanced Queensland called Hot DesQ, along with a free working space for 6 months, connections to the Queensland’s vibrant entrepreneurial ecosystem and support in developing connections with investors.
Previously, Micropower Labs has already secured an equity free grand from a similar program Startup Chile and another round of funds raised in Singapore. With a total of 28 international startups competing to join the program, Micropower Labs is the only Pakistani startups to have been accepted for the round 2 of Hot DesQ.
During this tenure, the startup plans to work on the launch of the next version of Flash Pack and deploy power bank rental kiosks across Queensland. The new version of flash pack not only charges faster but also supports charging multiple accessories, including laptops.
With advantage of fast charging, Micropower Labs aims to provide battery as service in a way that doesn’t require the user to bring a battery bank home. With rental kiosk station deployed all around the major cities, users would be able to rent a power bank by simply using a smartphone app. Rented power bank can be returned at any kiosk station set-up by Micropower labs.
Micropower Lab’s founder and CEO Abdullah Soomro from Pakistan, Kunloong Lee and Keith Loo from Singapore will be moving to Queensland to participate in the program.
In addition to above initiatives, Micropower Labs will conduct seminars, workshops and hire local talent to give back to the local community of Queensland.