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IDEATHON Contest 2020: A Great Platform for the Innovative Startups in Bangladesh
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IDEATHON Contest 2020: A Great Platform for the Innovative Startups in Bangladesh 

W
ith the slogan “Let’s Start You Up”, the IDEA (Innovation Design and Entrepreneurship Academy) Project of Bangladesh Computer Council (BCC), has taken initiative to organize IDEATHON Contest 2020 in Bangladesh.

Through this competition, the most innovative startups in Bangladesh will get recognition throughout the world. This competition is a joint venture between Bangladesh and South Korea.

Opening Ceremony of ideaTHON Contest 2020

At the online opening ceremony of Ideathon Contest 2020, which happened last month, the State Minister of ICT Division, Mr. Zunaid Ahmed Palak MP was the chief guest who inaugurated the contest. He said, “The main goal of such events is to encourage and motivate youth”. 

Zunaid Ahmed Palak added that because of ideaTHON Contest 2020, Bangladesh and South Korea’s partnership will be stronger and they will bond more. Syed Mojibul Haque, the IDEA Project’s Director was the president at the online event. 

Every eminent person present in the opening ceremony hoped that the startups of Bangladesh will have the opportunity to be trained abroad, which is a great achievement. They all think that the friendship between Bangladesh and South Korea will now reach another level.

The IDEATHON Contest 2020

The aim behind organizing such a grand competition, Bangladesh Computer Council’s (BCC) IDEA project intends to bring out the potentialities of tech-based startups in Bangladesh so that their skills and knowledge get developed at the same time. No wonder that such competitions can support Bangladesh to a certain extent for establishing a Digital Startup Ecosystem

Apart from the ICT Division of Bangladesh being the organizer of the event, the Global Startup Immigration Centre, and the Ministry of Justice of South Korea are the co-organizing partners of this grand event. Other Co-Hosts of this most talked startup event in Bangladesh nowadays are the Korea Invention Promotion Association (KIPA), and the Korea Productivity Center (KPC). 

Important details about the Ideathon Competition 2020 are given below – 

Deadline for Registration: 21st November 2020 (Saturday) 

Registration Link: IDEATHON (Let’s start you up) 

Selection Process of ideaTHON 2020

The registration for IDEATHON Contest 2020 opened on 19th September 2020. Currently, campaigns of this competition are being held in almost all the divisions of Bangladesh virtually. Thanks to ideaTHON 2020, for which different trade associations of Bangladesh and Alumni of 30+ Private and Public Universities have been connected.

When the registration finally gets over, the top 100 teams will have the opportunity to march forward for receiving initial mentoring after the preliminary screening. Of the 100 teams, 25 teams will be selected to participate in the Final Qualifying Round of ideaTHON Contest 2020. At last, five teams will be announced as the winners of the ideaTHON Contest 2020.

Opportunity Benefits the top five winners of the Ideathon Competition in Bangladesh will receive-

  • In-house incubation and training of six long months in South Korea.
  • Getting support from the VC Companies of South Korea.
  • Funding from investors for starting startups.
  • Trademark assistance, copyright, and international patents in South Korea.

Side by side, teams that acquire positions in the top 25 will receive award papers and special mentoring. 

The eligibility needed to take part in the IDEATHON Contest 2020

  • The applicants have to be qualified for graduating or have a bachelor’s degree, or they have to be graduates of any UGC accredited University in Bangladesh.
  • Applicant’s age has to be less than 39 and more than by 19th September 2020.
  • Contestants must belong to a team rather than standing alone. The participating team must have at least two members and a maximum of four members, including the leader of that team.
  • The contestants must belong to Bangladesh.

So if you think your startup can get recognized worldwide on basis of its innovativeness, don’t be late, complete your registration as soon as possible. To gather more information about the Ideathon Contest 2020, you can visit the official Facebook page of Startup Bangladesh, which is www.facebook.com/letsstartupbd

Read More: Startup Chattogram Incubation Opening Ceremony Has Happened

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