Global startup competition due on Oct 19 in Dhaka

In line with its mission to place the spotlight on entrepreneurs from emerging markets, Seedstars World is travelling to more than 65 countries this year to identify the best seed-stage entrepreneurs and provide them with an opportunity to win up to $1 million and build network with investors and mentors from around the world. The organisers came up with this disclosure at a press conference held at the Janata Tower Software Technology Park in the capital yesterday. Seedstars is a Swiss-based group of companies which has the goal of impacting people’s lives in emerging markets through technology and entrepreneurship. Seedstars, Dhaka, is being organised in conjunction with the Digital World 2016 by BetterStories and ICT Division. Zunaid Ahmed Palak, state minister of ICT Division, also spoke at the press conference. Shyam Sunder Sikder, secretary to the ICT Division, Hosne Ara Begum, managing director of Bangladesh Hi-Tech Park Authority, Faisal Kabir, manager (Innovation & Ecosystem), White-board; Nick Feneck, Asian Representative of Seedstars World; Minhaz Anwar, managing director BetterStories, were, among others, present at the conference. Nick Feneck from Seedstars said up to eight of the best Seed stage startups in Bangladesh will be invited to pitch for the opportunity to compete at the Seedstars Summit, that annually takes place in Switzerland. The winning startup from Seedstars Dhaka will also participate in the regional summit due to take place in Bangkok early December.