International technology company Huawei launched three new competitions for youths in Bangladesh to nurture the local startups and tech talents.
State Minister for ICT Zunaid Ahmed Palak inaugurated the cluster programme of ICT Incubator, App Developer and Tech Woman as the chief guest at a function at Lakeshore Hotel in Dhaka on Wednesday.
The incubator porgramme is focused on startups and divided into two criteria of idea and early stages. The iDEA and Startup Bangladesh are strategic partners of the contest.
Islamic University of Technology (IUT) vice-chancellor Prof Mohammad Rafiqul Islam, iDEA project director Altaf Hossain, Start-up Bangladesh managing director Sami Ahmed and Sheba Platforms co-founder Ilmul Haque Sajib spoke on the occasion.
The champion of both idea stage and early stage of the ICT Incubation competition will get up to Tk 5 lakh prize money, the founder CEO will get a chance to meet successful startups abroad and avail Huawei Cloud credit worth $125,000.
The first and second runner ups will consecutively get up to Tk 3 lakh and up to Tk 1 lakh prize money. Both the runner ups’ CEO will also get the chance to meet successful startups abroad with $80,000 cloud credit.
Third and fourth year university students having CGPA above 3.0 will be eligible to form two-member teams to contest at the competition. Huawei Tech Woman programme is solely dedicated for women participation whereas in Huawei App Developer, the combination can be anyway. The champion of App Developer and Huawei Tech
State Minister Zunaid Ahmed Palak said the government has been working together with the private sector to develop an ecosystem for start-up culture in the country.
“Bangladesh is the second largest source of online workforces. There are over 650,000 freelancers registered with different platforms. We have planned to support them to become entrepreneurs to lead the country towards a knowledge economy,” he said.
Chief Executive Pan Junfeng hoped that the incubator programme from Huawei Techonlogies Bangladesh will foster a healthy and sustainable startup ecosystem for everyone by assisting both early-stage startups and idea-stage startups.
“The programmes will also focus on supporting the country's women who are working or studying in tech-related fields. We hope that everyone will benefit from these programmes,” he said.
The registration process begins on June 15, Wednesday and will continue till June 30. The interested candidates of all three programmes can apply in the official website at hibator.com