Team Fan Club from Institute of Business Administration (IBA), Dhaka University were crowned champions of the 18th annual "Battle of Minds" competition on Sunday.
They beat four other teams that made their way to the finals, said a press release.
Team Say Our Name from Bangladesh University of Engineering and Technology (BUET) and Team ANTS from Islamic University of Technology (IUT) were declared first and second runners up respectively.
More than 800 teams battled it out for a chance to represent Bangladesh on the global platform, to further compete with 26 participating countries.
The global winning team will receive up to £50,000 in seed funding to fuel their entrepreneurial dreams.
Planning Minister MA Mannan attended the virtual award ceremony as chief guest, speaking of and to the young minds of the country stressing on the importance of talent platforms like this to groom the new generation and get them ready as professionals.
This year, participants of Battle of Minds chose one of the socio-economic challenges, culture,
farming, waste, and energy, and worked to tackle it with a business plan.
The winning team ideated to take the plastic waste and mix it with sand to form eco-friendly bricks, with less carbon footprint than regular clay bricks.
BAT Bangladesh has been organizing this countrywide talent platform since 2004, and despite having to go virtual due to the pandemic, they have successfully done so for the second year in a row.
Saad Jashim, head of human resources of BAT Bangladesh spoke of why this competition is imperative to showcase the bright minds of the future: “Battle of Minds has transcended borders to be the premier talent competition globally, allowing teams to bring out the best in themselves and preparing them for life after undergrad studies.”