To attract more applications, more roadshow events will be conducted outside Dhaka in cities like Chittagong, Khulna, Rangpur, and Jessore, organizers said
Bangladesh NutriStar: Nutrition Innovation Challenge launched its competition with a roadshow event at Daffodil International University campus in Dhaka on Monday.
Syed Muntasir Ridwan, national coordinator of Scaling Up Nutrition (SUN) Business Network, gave the keynote speech to outline the areas of innovation across the food system and ways of investing in food safety and nutrition in Bangladesh, said a press release.
He said, “Poor diet is a major killer when it comes to maintenance of the wellbeing of consumers, through commercially scalable solutions and innovations. This challenge can be easily solved with help created from more awareness and nutrition programs.”
Bangladesh Nutristar is a competition to harness innovative solutions for improved nutrition by connecting startups and businesses in emerging markets with technical assistance and investment opportunities.
The competition is organized as part of the global Scaling Up Nutrition (SUN) movement pitch competition taking part in 13 other countries across Asia and Africa, the SUN Business Network Bangladesh co-convened by The Global Alliance for Improved Nutrition (GAIN), World Food Programme (WFP) and hosted by the Ministry of Industries are the implementing partners.
LightCastle Partners is the organizing partner of the competition while Daffodil International University was the academic partner of the Dhaka roadshow event.
To attract more applications, more roadshow events will be conducted outside Dhaka in cities like Chittagong, Khulna, Rangpur, and Jessore, organizers said.
The program also included a panel discussion on “Transforming Food Safety and Nutrition Security through business innovation” moderated by Bijon Islam, CEO of LightCastle Partners.
Panel discussants included Colleen Conner, nutrition officer of WFP, Subrata Kumar Kundu, co-founder and CEO of Bhalo Social Enterprise, Mustafizur Khan, partner of IDLC Venture Capital Fund-1, and Zia Ashraf, co-founder and COO of Chaldal.com.
20 teams from food systems and agro space will be shortlisted from all the applications for incubation boot camp in February.
Ten finalist teams will receive tickets to investor night and final demo day in March to win Tk2,50,000 grant money and a chance to visit the international SUN pitch competition finals in Singapore in April.