Productivity Headquarters Hosts Startup Demo Day in Bangladesh

5 Top Bangladeshi Startups Undergo 6-Month Training Program in South Korea

[Asia Economy Reporter Kim Cheol-hyun] KPC Korea Productivity Center (hereinafter KPC) and the Ministry of Information and Communication of Bangladesh announced on the 17th that they held the 'Bangladesh Startup Demo Day and Completion Ceremony.'

This Bangladesh Startup Demo Day and Completion Ceremony was conducted as part of the Bangladesh Startup Korea Training Project. The Ministry of Information and Communication of Bangladesh has been dispatching startup training teams to Silicon Valley, USA since 2017 to foster technology startups. In November last year, South Korea was selected as the second overseas training country, and an agreement was signed with KPC to promote related projects.

The Bangladesh Startup Korea Training Project was held for the first time this year, with technology startups from various fields applying. Out of a 600 to 1 competition ratio, a total of 5 teams and 10 individuals were finally selected. These outstanding Bangladesh startups entered Korea in March and completed a six-month entrepreneurship program including prototype production, patent application, networking with domestic startups, seminars, and mentoring.

Through this training, the Bangladesh startups not only refined their startup ideas and produced prototypes but also achieved results such as securing investments for some. An Wan-gi, KPC Chairman, said, "Based on systematic startup incubation know-how, we are conducting various projects to foster startups jointly with many domestic companies and institutions to promote startup growth and job creation," adding, "We will further strengthen efforts to exchange global startup ecosystems and expand the startup entrepreneurship ecosystem in the future."

This content was produced with the assistance of AI translation services.