Shameem Ahsan, General Partner of Fenox Venture Capital and Chairman of eGeneration Group, addressing the press conference on Wednesday. SM Ashraful Islam, Executive Vice Chairman, eGeneration Group; Farzana Chowdhury, President, EO Bangladesh; Rubaba Dowla, President, TiE Dhaka, Wali-Ul-Maroof Matin, director of VCPEAB and Ariful Hasan Opu, Founder of Bangladesh Innovation Forum were present For the first time this year, one Bangladeshi technology startup will be getting the opportunity to represent Bangladesh and compete in Startup World Cup Grand Finale, the global technology startup pitch competition with an investment prize of $1,000,000.
To select the startup, a regional competition will be held in Bangladesh, initiated by Fenox Venture Capital and powered by eGeneration Ltd.
Shameem Ahsan, General Partner of Fenox Venture Capital and Chairman of eGeneration Group, disclosed this in a press conference held on Wednesday in the city.
SM Ashraful Islam, Executive Vice Chairman, eGeneration Group; Farzana Chowdhury, President, EO Bangladesh; Syed Ashik Rahman, CEO, Rtv, Rubaba Dowla, President, TiE Dhaka, Wali-Ul-Maroof Matin, Board director of VCPEAB and Ariful Hasan Opu, Founder of Bangladesh Innovation Forum (BIF)' were present at the press conference.
The regional competition in Bangladesh titled "Startup World Cup 2019, Bangladesh powered by eGeneration Ltd." will be co-organized by Bangladesh Innovation Forum (BIF), Media partner Rtv and partnered by Venture Capital and Private Equity Association of Bangladesh (VCPEAB), TiE Dhaka and EO Bangladesh.
A total of 5 of the best startups will be invited to pitch in Bangladesh Finale to be held on April 6 and only champion startup will get the opportunity to compete at the Startup World Cup 2019, Grand Finale, to be held on May 17 in USA.
Interested participants can apply through www.egeneration.co/fenoxswc and the deadline for application is March 20.
The global mega competition returns for a third year searching for the next world champion amongst the top startups from around the globe. There are over 40 different regional startup competitions being held in over 40 different countries including Bangladesh, across 6 continents. Fenox will bring all regional winners to the Grand Finale for the championship competition, where they will battle for the investment Prize.
Mr Shameem Ahsan said, "We strongly encourage startups with innovative solutions, interested in global exposure, mentorship from global investors, and the winning prize to apply for the competition.This would be a great opportunity for the Bangladesh startup ecosystem to present exciting innovations and technologies on a global scale and represent Bangladesh in the finale battle in USA's Silicon Valley."
In previous years, Startup World Cup Grand Finale featured prominent figures from the entrepreneurship community, including Steve Wozniak (Co-Founder of Apple), Daymond John (Star of ABC's SharkTank& Founder of FUBU), Alexis Ohanian (Co-Founder of Reddit) and Guy Kawasaki (former Chief Evangelist of Apple). Grand finale speakers for this year include Marissa Mayer, Former CEO of Yahoo and Sheryl Sandberg, COO of Facebook among others.
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