Saturday, 18 September, 2021

South Korea Supports Young Bangladesh Startups

  • Diplomatic Correspondent
  • 17th August, 2021 04:42:52 PM
  • Print news

A Demo-Day and closing ceremony of Korea’s six-month-long mentoring programme for the five Bangladesh startup teams were held virtually on Tuesday (Aug 17).

State Minister for ICT Zunaid Ahmed Palak and South Korean Ambassador to Bangladesh Lee Jang-keun were present on the occasion.

Under the project agreement signed on December 24 last year between the Bangladesh ICT Division and the Korea Productivity Center (KPC), the five teams with innovative startup ideas were chosen through rigorous competitions in Bangladesh and the selected teams were sent to Korea in March 2021.

Through mentoring, meetings and networking events with experts in Korea from March to August 2021, the five startup teams could improve and upgrade their business items and ideas, and some teams filed patent rights for their ideas, said the Korean embassy.

The names and items of the five startups are as follows: – Smart Farm, Char Chokka – A.I Based Education App., ANTT Robotics – Arduino Education System, Rokki Limited – Building Management and Security and Chobir Baksho – Image Platform

Ambassador Lee in his speech emphasised that Bangladesh is well positioned for success in the era of the 4th Industrial Revolution with its sizable population and full of talented young people.

Additionally, he stated that Korea would be a natural and the most suitable partner in Bangladesh’s journey towards a brighter future, especially in the development of its ICT sector.