20 Startups in Huawei ICT Incubator Final Phase

The Dhaka Times Desk 20 startups have reached the finals of the Huawei ICT Incubator 2022 competition.

Out of the 68 startups that participated in the Incubator Bootcamp, 20 startups were selected by two independent jury panels and the program's strategic partners – Startup Bangladesh Limited and Innovation Design and Entrepreneurship Academy (IDEA).

Winners are divided into two groups, Idea Stage and Early Stage, from Huawei's ICT Incubator Program Bootcamp. 10 finalists are selected from each group.

The finalist startups in the idea stage are - Orgavet Medicine, Westec, InsureCow, Synergy, Vanik, Durjoy DSS, U-Turn, Krishian Limited, Fitness and Relaxy.

Also the early stage finalist startups are: Palki, BPresent IT, Urban Gaze Limited, Wigro Technologies Limited, Askre, Trabil, Jahaji Limited, Punjighar, Scientico Limited and Inovex Idea Solutions. Sami Ahmed, Managing Director of Startup Bangladesh Limited said about this competition, “Huawei ICT Incubator has been launched for the first time in Bangladesh and it is progressing with great success.

বাংলাদেশের নবীন স্টার্টআপগুলোর জন্য দারুণ প্ল্যাটফর্ম হ’তে পারে এই ইনকিউবেটর। এই প্রোগ্রামের মাধ্যমে আমরা স্টার্টআপগুলোকে প্রয়োজনীয় দিক-নির্দেশনা ও বিনিয়োগ দেওয়ার চেষ্টা করে যাচ্ছি; যেনো তারা সমাজে অবদান রাখতে তথ্য ও যোগাযোগ প্রযুক্তিগত সমাধান নিয়ে আসতে পারে। হুয়াওয়ের আইসিটি ইনকিউবেটর প্রোগ্রামে অংশ নিয়ে তরুণদের ব্রিলিয়্যান্ট আইডিয়াগুলো বাস্তবায়নে সহায়তা করতে পেরে আমরাও অত্যন্ত আনন্দিত।”

Director of Idea Project of ICT Department (Joint Secretary). Altaf Hossain said, “The journey of ICT incubator started with 180 participants. In the last round we worked on 68 ideas separately. I am happy that startups are working on innovative ideas. At this bootcamp, mentors from mentors help shape the plans of competing startups. Now we have 20 most promising startups in front of us. I believe they will always remember the Huawei ICT Incubator Program to contribute to the development of startups.”

Karl U Ying, Country Director of Public Affairs and Communications Department of Huawei Bangladesh said, “Building the ICT talent ecosystem and supporting the development of startups is crucial to the development of the digital economy. Huawei has been working in the country for the development of Bangladesh for the past 23 years. As a long-time proven partner, Huawei wants to make a significant contribution to the digital economy of Bangladesh. I believe the Huawei ICT Incubator has the potential to play an important role in the development of the country's ICT sector.” In the next phase of the event, an independent jury panel will scrutinize the pitch-decks and presentations of the startups in mid-October. The winners of the Huawei ICT Incubator will then be announced at a gala event by the end of October. ICT Incubator Competition Ideas and Early – The two stage champions will be given 5 lakh rupees as prize money, Huawei cloud credit worth 1 lakh 25 thousand US dollars. In addition, CEOs of winning startups will have the opportunity to meet representatives of successful startups abroad. On the other hand, the 1st and 2nd runner-up startups of the competition will get prize money of Rs.3 lakh and Rs.1 lakh respectively. In addition, CEOs of startups will be able to meet representatives of successful startups outside the country and will receive Huawei Cloud Credit worth USD 80,000. News bulletins.

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