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Developing a startup community key to knowledge-based economy: Palak


Published : 16 Jun 2022 08:39 PM

“We need to build a startup community to build a digital society, knowledge-based economy and an innovative Bangladesh”, said ICT State Minister Zunaid Ahmed Palak on Wednesday.  

He said to expedite this process, Huawei has developed an excellent partnership model through these competitions. 

“In this special initiative taken by Huawei and meant for mobile app developers and women involved in the ICT sector, people from different backgrounds including university teachers, various established startups, mentors and Huawei itself as the world's leading ICT infrastructure provider are involved, and I am representing the Government of Bangladesh,” he added. 

He was addressing the inauguration of three new competitions namely ICT Incubator, App Developer and Tech Woman to nurture the local startups and ICT talents of Bangladesh, organized by the leading global ICT infrastructure provider Huawei.

The inauguration ceremony was held at Lakeshore Hotel in the capitals Guulshan area.

All these three programs are designed for the new startup and idea on developing mobile apps. Among those, ICT incubator contest is focused on startups and divided into two criteria – Idea Stage and Early Stage. 

This ICT Incubator competition is powered by Huawei Technologies (Bangladesh) Limited alongside iDEA and Startup Bangladesh Limited as strategic partners. 

The champion of both idea stage and early stage of the ICT Incubation competition will get up to BDT 500,000 prize money, CEO will get chance to meet successful startup at abroad & up to USD 125k Huawei Cloud credit. 

1st and 2nd runner up will consecutively get up to BDT 300,000 & up to BDT 100,000 prize money. Both the runner ups’ CEO will also get the chance to meet successful Startup at abroad with USD 80k Cloud Credit.

Pan Junfeng, CEO, Huawei Technologies (Bangladesh) Limited delivered opening speech while Prof. Dr. M. Moshiul Hoque, Dean, ECE (CUET) & Chair, IEEE Bangladesh Section, gave the keynote speech. 

Pan Junfeng, CEO, Huawei Technologies (Bangladesh) Limited, said, “The ICT Incubator will foster a healthy and sustainable startup ecosystem for everyone by assisting both early-stage startups and idea-stage startups. It will also provide all EEE, ECE & CSE students in their 3rd and 4th year the opportunity to enhance their already existing skills while attaining new ones.”