Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes brought its Bangladesh round to a successful close during Seedstars Dhaka. The event took place on Saturday at GP House in Dhaka, Bangladesh and eight selected startups were invited to present their ideas in front of the local jury panel.
Professor Mohammad Kaykobad was present at the event as the Chief Guest and shared words of encouragement with the startups. Speaking at the event he said, “Bangladeshi youths are very talented and they need global exposure. I would like to thank the organizers for arranging this event, which will help the young entrepreneurs to compete internationally”.
Welcoming everyone to GPHouse, Grameenphone CEO Michael Foley said, “I‘m glad to see the innovative products of the participants. Such innovations will certainly help us to create a supportive ecosystem for the digitalization of the country.”
The local winner, CMED Health Limited deals with IoT enabled cloud-based preventive healthcare platform that monitors health parameters, predict health risks and reduce health cost. REPTO education Center and Cookup Technologies become 1st and second runners-up respectively.
CMED will be invited to the Seedstars Asia Regional Summit in Bangkok in November and will receive an all-expenses-paid trip to the Seedstars Global Summit, taking place in Switzerland in April 2018. The Global Summit is a weeklong training program with the opportunity to meet the other 75 local winners, as well as investors and mentors from around the world. Traditionally, the final day of the Summit will be dedicated to pitching in front of an audience of 1000 attendees, with the possibility of winning up to the USD 1 million equity investments.
Eight startups, out of 170 applications, were invited to pitch were other startups + URL. The eight startups pitched in front of a prestigious jury consisting of Tina Jabeen of Startup Bangladesh – IDEA, Kazi Hassan from Grameenphone, Khurshed Alam from LankaBangla Finance, Prince Mojumder from Genex Infosys Limited, Mustafizur Rahman from CVCFL, Ahad Mohammad of Razor Capital, Samad Miraly from Startup Dhaka, Tareq Al Muntasir from Socian, and Adriana Collini from Seedstars.
In order to deliver the best possible event and to provide local entrepreneurs with this opportunity, Seedstars is working closely with a number of partners including their local ambassador Tanvir Sourov of Socian Ltd. The event was powered by Grameenphone Accelerator and co-sponsored by LankaBangla Finance, Genex Infosys Limited and CVCFL and Aamra Technologies. The Swiss Embassy, EMK Center, BetterStories Limited, ICT Division, Digital Bangladesh, Startup Bangladesh and Aramex were critical for the successful execution of the event.