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Microsoft-Young Bangla Start-up Fund marks a new beginning

The transformation of Bangladesh into a Digital Bangladesh is more than a dream that once Bangladesh set as a target. Today’s Bangladesh ensures comprehensive use of Information Technologies (IT) for management, administration and governance to ensure transparency, accountability and answerability at all levels of society and state.

Driven by widespread digitization in the public and private sectors, the country has seen exponential growth in terms of internet connectivity, mobile phone usage, IT export earnings and use of Information and Communication Technologies (ICT) in education and accessibility of public services. Private companies and organizations have also joined the effort to fulfill the dream and Microsoft Bangladesh is one of the frontrunners, collaborating with Young Bangla by expanding youth-targeted programs.

Microsoft Bangladesh wants to empower students and make them future-ready so they could achieve more.

Since the beginning of the cooperation, Microsoft Bangladesh has taken three inclusive measures under the Vision 2021 Internship program of Young Bangla: Internship and brand Ambassadorship, Service Engineering Training by Microsoft experts and Setting up computer labs – all exclusively for Young Bangla members.

Most recently, on 21 October 2017, at Young Bangla’s flagship event Joy Bangla Youth Award giving ceremony, Microsoft announced the name of three winners of the Microsoft-Young Bangla start-up fund, adding a new dimension to the Vision 2021 program. Under this scheme, students were tasked with finding workable solutions to real-life problems that they thought were most daunting for the people around them. Dividing into groups, they solved the problems using available technologies. More than 1,200 students from science, arts and commerce backgrounds applied for the internship through Young Bangla and more than 300 were allowed to participate. The best three teams – Bio Engineers (KUET), RMA Tesla (CUET) and Cryptech (BUET) –  received the start-up or incubation funds of BDT 5 lac each.

A total of 100 groups pitched 96 projects – all of which were based on real-life problems. These projects touched wide spectrum of issues such as health, education, agriculture, gaming, community building, research, road safety, women’s security and support, banking and finance, e-commerce, blood banks, children’s safety, parental control, energy, automobiles, etc.

Alternative energy source for remote areas, minimizing carbon dioxide emission using algae, implementation of Microsoft technologies in Bangladesh army, providing motivation to workout in order to fight obesity through an online community, patient monitoring system using Internet of Things, technologies to support blind/paralyzed people, economical spillage cleaner, smart vehicle solutions, data analysis and computing portal, energy and cost effective solutions for household are some of the projects.

The Microsoft-Young Bangla Team will mentor and monitor the start-up activities of the winning teams with simulations and suggestions at every level and from every aspect.