A three-day boot camp has been organized in Dhaka for the 68 startups selected in the 1st round of the Huawei ICT Incubator program.
The camp of this competition, in partnership with Startup Bangladesh and Innovation Design and Entrepreneurship Academy (iDEA), has been focused to train the participants on how to launch and make their business sustainable, reads a press release.
This bunch of startups have been shortlisted by Startup Bangladesh and iDEA from total of 180 applications. The screening has been done based on business Idea (pitch deck), team formation, feasibility and traction.
During the three-day program, the shortlisted startups have attended various sessions on startup ideation and validation, go-to-market and scaling, growth marketing, how to develop products and how to get feedback on products, how to set financial strategy and how to do financial analysis, hiring and onboarding team members, sales strategy and negotiation, developing a customer base, legal and ethical issues, fundraising, how to adapt emerging technologies, and KPI tracking and valuation methods.
During the program Siddartho Goshwami, Senior Consultant, Head of Operations, iDEA, BCC, ICT Division gave the introductory speech and RHM Alaol Kabir, Senior Consultant (Senior Assistant Secretary), iDEA, ICT Division gave the welcome speech.
A total of 11 trainers conducted training in the boot camp. The trainers were Minhaz Anwar, Chief Story Teller, Betterstories Limited, Zia Ashraf, COO & Co-Founder, Chaldal, Munir Hasan, Head of Digital Transformation and Youth Activities, Prothom Alo & President, BDOSN, Ahmed Fahad, Vice President (Product), Pathao, Bijon Islam, CEO, Light Castle Partners, Ismat Jahan, Head of HR, eGeneration Ltd, Ilmul Haque Sajib, COO, Sheba xyz, Mushfique Manzoor, MD & Co-Founder, OpenRefactory & Champion, BIG 2021, Barrister ABM Hamidul Misbah, Managing Partner, Old Bailey Chambers & Founder, Bangladesh IP Forum, Mir Shahrukh Islam, MD, Bondstein Technologies Ltd, Mohi Zaman, Principal, Anchorless Bangladesh
With an inspiration to develop the ICT talent ecosystem in Bangladesh, Huawei has been working for a long time in this country.
In that regard, Huawei launched the program on June 15, 2022, to nurture the local startups and ICT talents of Bangladesh. ICT incubator is divided into two criteria – Idea Stage and Early Stage.
In Both criteria, six startups will be announced as winners. The champions will get up to Tk500,000 prize money, the CEO will get a chance to meet successful startups abroad and up to $125,000 Huawei Cloud credit.
1st and 2nd runner-ups will consecutively get up to Tk300,000 & up to Tk100,000 prize money.
Both the runner-ups’ CEO will also get the chance to meet successful Startups abroad with $80,000 Cloud Credit.
