Global Entrepreneurship Bootcamp 2019 Bangkok (5th Edition)

0 Countries
0 Participants
Bangkok Thailand
27-30 June, 2019
0 Business Ideas Pitched
0 Speakers

Highlights:

  1. Professor Muhammad Yunus—a Bangladeshi social entrepreneur and Nobel laureate—was the keynote speaker for the bootcamp.
  2. In order to inspire the participants, a special session 'GEBx' was introduced in the fifth edition of GEB.
  3. 'iMed'— a medicine reminder and health tracker application—designed by a team of five youths became the winning idea of the bootcamp.

Fifth Global Entrepreneurship Bootcamp (GEB) was held from 27th to 30th June in Bangkok, Thailand. More than 160 participants from 40 different countries had participated in the bootcamp where they competed by pitching their business models in front of speakers who are renowned investors, successful entrepreneurs, and entrepreneurship experts from across the globe.

Known for its contribution in flourishing the culture of entrepreneurship and innovation, GEB gave special priority to the new dimension in the entrepreneurial ethos called 'social entrepreneurship' in this edition. Professor Muhammad Yunus—a Bangladeshi social entrepreneur and Nobel laureate—was the keynote speaker for the bootcamp.

Yunus highlighted on the importance and feasibility of social businesses in order to address growing social problems. He also stressed that such businesses can play a great role in empowering the youths socially. Yunus won the Nobel Peace Prize (2006) for introducing the concept of social business.

Other speakers of the four-day event included Professor Rajesh Nair—Director at Asia School of Business Innovation and Entrepreneurship Center, Dr. Julie Ciancio—dean for the College of Education at Westcliff University in Irvine, California, Subeed Ahmed—senior director at Capgemini, Daniel Alejandro Concha Zegarra—product operations manager at Tencent, Nguyen Quang Huy—founder of Vietnam Social Innovation Challenge, NICOLE NGUYEN—head of Asia-Pacific for Infinity Blockchain Ventures, Anurag Singh-co-founder and CEO of Crumblyy, Aung Ye Kyaw—founder and CEO of White Merak Comics Studio, Buna Dahal—founder of Dynamic Buna, Dr. Mir Dost—director at the Office of Research, Innovation and Commercialization (ORIC), Rahuel Stone, partner at Polynation Ventures, and Shantanu Kumar—head of AI products at inFEEDO. In individual sessions with the bootcamp participants, the speakers shared their experience of involvement in respective fields in relation to the entrepreneurial journey.

15 different teams were formed as soon as the bootcamp kicked off on 27th June. The teams worked in order to design business ideas on their own and then pitched those ideas in front of the organizers, speakers and fellow participants on the third day. 'iMed'— a medicine reminder and health tracker application—designed by a team of five youths became the winning idea of the bootcamp. Alisse I.A. Nasser, Siham Fuad Ahmed Emam, and Sandra N.S. Muallem from Palestine, Dao Thi Phuoc Hao from Vietnam, and Amenan Couboura Sidiki from Ivory Coast were the team members for 'iMed'. GEB also awards a team the title of 'Best Team' every year. In the 5th GEB, a team that pitched the idea for 'K20'—a platform to support Micro Finances in optimizing their activities—was awarded the 'Best Team' title. The 'K20' team included Ekote Nelson Nnoko from Cameroon, Sadia Kabir Dina from Bangladesh, Robih Hilman Ardiatama from Indonesia and Jean Dalmeida, Guenoukpati Ayawovi, and Sitti Kafui Akoko from Togo.

Apart from the competition for designing business models, GEB has incorporated interaction sessions, expert guidance, and network formation among young minds, entrepreneurs, and investors ever since its inception. The bootcamp also featured cultural exchange. The participants and the speakers collaborated in the cultural night on the third day to share their culture, personal beliefs and views.

The sessions by speakers and team works were carried out alternately throughout the bootcamp. Participants of the GEB also observed the Social Business Day organized by Yunus Center, Asian Institute of Technology (AIT) on 29th June.

Success is a challenge in entrepreneurship. Only one out of ten startups sees a success in the market, according to the Fortune Magazine. In order to inspire the participants, a special session 'GEBx' was introduced in the fifth edition of GEB. 'GEBx' featured seven successful entrepreneurs who shared their journey to success in entrepreneurship. The new session intended to inform the participants about the role of failure and success in the startup journey.

Solve Business School (SBS) was the co-organizer of the bootcamp whereas Yunus Center, AIT was the strategic partner. Likewise, Asia School of Business and Porous City Network were the knowledge partners and LEADSAS was the logistics partner for the event.

Meet Our GEB 2019 Bangkok Speakers/Mentors

Prof. Muhammad Yunus

Nobel Laureate

Prof. Muhammad Yunus is a Bangladeshi banker and recipient of the Nobel Peace Prize (2006). Yunus is credited with developing the concepts of microfinance and microcredit. These are schemes which offer small loans to the rural poor – to enable them to invest and lift themselves out of poverty.

Prof. Rajesh Nair

Director, Asia School of Business Innovation and Entrepreneurship Center

Prof. Rajesh Nair is an inventor, product designer, and entrepreneur with more than 25 years experience in multiple startups in Boston area. He is the Professor of Practice in Innovation & Entrepreneurship at Asia School of Business, a new school started by MIT-Sloan in Kuala Lumpur where he heads the ASB-Innovation & Entrepreneurship Center.

Dr. Julie Ciancio

Dean, Westcliff University

Dr. Julie Ciancio is the Dean for the College of Education at Westcliff University in Irvine, California. She has a Master’s in Applied Linguistics and a Ph.D. in Social Psychology from the University of Brasilia (UnB), Brazil. She also holds an MBA in International Business from California State University.

Subeed Ahmed

Sr. Director, Capgemini

Subeed is the Sr Director- Capgemini. His focus is on building high quality software for enterprise applications using Automation, AI and ML and IOT. Capgemini SE is a French multinational corporation that provides consulting, technology, professional, and outsourcing services.

Daniel Alejandro Concha Zegarra

Product Operations Manager, Tencent

Daniel is currently working as a Product Operations Manager for mobile games at Tencent, the largest game company and world’s fifth most valuable firm. Daniel graduated from Tsinghua University with a Master’s Degree in Management Science. Prior to joining Tencent, he worked for DiDi Chuxing, world's largest ride sharing company where he helped DiDi expand to Latin America.

Nguyen Quang Huy

Founder, Vietnam Social Innovation Challenge

Mr. Huy Nguyen is a faculty member of the Foreign Trade University (Vietnam). He has had one year as Endowment Fund Project Manager and Startup Incubation Program Manager of the Foreign Trade University, and five years as Director of External Relations and Recruitment of the Executive MBA Vietnam, University of Hawaii (U.S).

Nicole Nguyen

Head of APAC, Infinity Blockchain Ventures

Currently working as the Head of APAC for Asia Blockchain Review and Infinity Blockchain Ventures, Nicole Nguyen is a blockchain thought leader spearheading a regional initiative to connect major players and to foster the evolving blockchain ecosystem in Asia.

Anurag Singh

Co-Founder & CEO, Crumblyy

Anurag singh is the co-founder and CEO of Crumblyy, one of the largest short-form content discovery platforms in the world. As a specialist of data mining, Anurag is also working on numerous data analytics projects with academia and industry.

Dr. Mir Dost

Director, Office of the Office of Research, Innovation and Commercialization, LUAWMS

Mir Dost is a PhD in Entrepreneurship and Innovation Management from Asian Institute of Technology (AIT) Thailand. Currently, Dr. Dost is serving as a Director for the Office of the Research, Innovation and Commercialization (ORIC) at Lasbela University of Agriculture, Water and Marine Sciences.

GEB 2019 Bangkok Business Ideas

The fifth edition of the Global Entrepreneurship Bootcamp, which was held from 27 to 30 June,2019, brought together 160 youngsters from 40 different countries along with successful entrepreneurs and experts as mentors to create an environment for innovation.

Nature Lovers

The concept of Recycling has been around for several decades now. Still, in South Africa, more than thirty percent of Food goes to waste. In terms of a solid figure, the amount of food that goes to waste is around 10 million tons. So what can we do with this waste?

To answer this question, a team of Nature Lovers in the 5th Global Entrepreneurship Bootcamp, Pujan Gauli, Sangya Pandey, Saphal Bhandari, Yogina Shakya, Rejoyce Kgabo Legodi, and Louisa Phindile Khoza presented their idea of transforming the waste into Organic Compost.

Deriving from the dreams of a local citizen who has sustained her family by selling organic manure in a locality of South Africa, the team Nature Lovers proposed to expand the idea in a more structural and entrepreneurial way.

Converting waste food into organic compost in a commercial manner can not only solve the problem of waste disposal, but it is also an innovative method of generating revenues. Besides, compost is friendly to farmers. They are rich in nutrients and increase soil productivity. Unlike chemical fertilizers, they do not harm the soil productivity.

So targeting towards farmers, and residents who grow their food, Nature Lovers not only aims to create sustainable revenue, they also encourage a healthy lifestyle.

In this day and age where the waste management is becoming a global issue, Nature Lovers upstage the idea of innovation, of how significant things can be accomplished even from something dubbed as unimportant.

One-Payment

With about 70% of people connected to the internet in Vietnam, only 30% of people are connected to their Bank. Further, this 30 % who are connected to their bank is doing so through traditional means by physically going to the bank to carry out their transactions.

Capitalizing on this Scenario in Vietnam, a team consisting Nguyen Thanh An, Tran Gia Bao, Dang Luu Bao Khanh, Tran Minh Duc, and Tran Hoang Minh Duc presented their idea One-Payment in the 5th Global Entrepreneurship Bootcamp.

Establishing as a branch of an already established bank, One-Payment aims to provide complete online digital banking solutions. With an easy procedure to open an account as a customer will only need to download the app, and register for an account, One-Payment incorporates a full feature of the bank. It provides customers with a credit card, bank account, and savings accounts as well as loans. Working as a transaction mediator between a consumer and merchant, One-Payment handles all the incurring transactions.

Targeted towards the tech-savvy generation of Vietnam, One-Payment aims to become a solution that fills the wide gap in the banking sector. They generate revenue through each transaction as well as though loan and investment interests.

Wizardz

It is a common known problem for most artists in the present day, they are always underrepresented, and their artworks are forgotten in an attic collecting dust. Despite the age of technology, artists seem to have lacked to rip their full benefits.

Addressing this problem, the Wizardz team consisting Abrar Noor Arnob, Dipangshu Paul, Drigesh Anuragi, Anjali Katake, Jaikishan Mansukhani, Nguyen Dinh Tuan, Md. Tarikul Islam presented their solution on how they can facilitate artists to present their skills to a wider audience.

Wizardz is an online platform, that builds upon the need of artists and art enthusiasts. It connects the two together, where the artists gain their recognition, while an art enthusiast can enjoy the artists work. Wizardz eliminates all the hard work an artist has to go through to collect customers or art enthusiasts and market their art piece. The dedicated team of Wizardz oversees all the artists' requirements regarding marketing and exhibiting artwork, while an artist can only focus on their work.

Focusing on the two groups, artists as well as art enthusiasts will be generating revenue for the Wizardz team. First, they will charge artists to feature their art piece to the world while the team will also be a part of the transaction for every art deal.

Sikshya

One of the important boons, Nepal, a small landlocked country in South Asia carries is its natural splendor. From the world's highest peak to the birthplace of the "peace", Gautam Buddha, Nepal presents an aesthetic undeniable to the tourists worldwide. Although tourism has been contributing to the country's revenue, there is yet a huge void to fill.

Capitalizing on this idea, the Sikshya team of Ashesh Prasai, Ajay Pandey, Dao Minh Phuong, Nguyen Khanh Hang, Sajid Hassan, Nguyen Khanh Phuong, Nafis Ahmed has presented their vision to promote tourism while generating revenues.

Sikshya is an online education portal, that provides guidance as well as mentorship to those interested in the tourism sector in Nepal. With a well-tailored course that focuses on training individuals with the necessary skills needed for the tourism industry, Sikshya also provides one-to-one mentoring as well as hands-on support during the case of emergency.

Sikshya is targeting the tourism industry as well as individuals freshly entering the tourism industry in Nepal.

Despite facing a severe competing against free contents of YouTube and Google, Sikshya has its own unique selling point as it provides an official certification as well as reviews individuals in its platform monthly.

Solar Soul

Electricity, though a very minor and common thing for us in this day and age, more than a million people in Bangladesh still doesn't have access to it. The number is staggeringly high. Think about the things impossible to do! You can't charge your phone, you can't have the internet, the two most dreaded nightmare.

To address this problem, the Solar Soul team consisting Imtiaz al Mahmud, Md Asif Ahmed, Shristy Sharma Neupane, Aayushi Karmacharya, Sukritee Mainali, and Ta Duc Minh proposed the plan of utilizing solar energy.

Over time, there has been much research on solar panels. One of the main problems with the panels is that they are not efficient. While searching for efficiency makes the solar panels expensive, the Solar Soul team proposed to combine two manufacturing technique that can increase the efficiency without increasing the cost significantly. With a combination of the solar tracker, to continuously track the movement of the sun as well as using mirrors to focus reflections onto the panels, Solar Soul proposes an efficient method of providing electricity to the lives of the million people.

Targeting the people who have no access to electricity, Solar Soul aims to introduce several selling packages to maximize their revenue.

ExamInsta

Unemployment being one of the major problems in developing countries, the limited amount of vacancies are filled up through competitive exams. Not all candidates applying for jobs, or universities succeed. The reason for this is, these candidates do not have a clear idea about what they are lacking and what they need to improve.

ExamInsta is an innovative platform proposed by Aalap Gopeshkumar Sanghvi, Rahul Maurya, Shreya Priyadarshni, Mahreen Hoquee, Rustami Ubaydullo, and Ashish Dhakal in the 5th Global Entrepreneurship Bootcamp that assist university and job candidates to assess themselves. The candidates can learn about their strengths and weakness. ExamInsta is an AI-based app, that evaluates each candidate and proposes a method of strengthening students in the sector they lack. Also useful for the Coaching institutes, which occupy a vast market in India, ExamInsta provides a comparative assessment, which will help coaching institutes provide a direct focus on each student's weakness.

Targeting towards both, the students and Coaching institutes, ExamInsta brings a unique solution that will act as a self-assessment module for students and a career assessment module for coaching centers.

Pharmacon

One of the Sustainable Development Goals that the United Nations has proposed is that everyone should have access to health facilities. In the case of India, where the pharmaceutical market is ever-expanding, it has also affected the price of medicine. The profit margin, the retailers keep on the medicine reaches up to 50%.

Thriving on this idea, the team consisting Mohit Kumar Detwani, Vinamra Malu, Safal Babu Sharma, Biraj Chhetri, Le Bao Chau, Do lien Trang, Nguyen An Ky proposed an idea in the 5th Global Entrepreneurship Bootcamp to provide access to the medicines on the touch of the fingertips. Not only can the customer have their medicines delivered at their doorsteps, but they can also access these medicines at a much-reduced price. There are similar services in India which propose to deliver medicines at the costumer's doorsteps, Pharmacon separates themselves by providing medicines at 25-30% discounted price as well as emergency service which allows the customers to receive medicine within hours of ordering.

Pharmacon targets customers, who are above the age of 40 years, who constantly require medicine. Thus, by making a large customer base, they tend to generate the revenues.

iMed

iMed also thrives on one of the United Nations' Sustainable Development Goals, which states that everyone should have access to health facilities. It is a common problem that a patient sometimes forgets to keep track if they took their medicine. Also, over the counter drugs can sometimes have a reaction with the regular drugs the patient is taking causing an allergic reaction.

Address this problem in the 5th Global Entrepreneurship Bootcamp, a team of consisting Alisse I.A. Nasser, Siham Fuad Ahmed Emam, Sandra N.S. Muallem, Dao Thi Phuoc Hao, and Amenan Couboura Sidiki proposed the solution iMed- a self-health app and medication tracker mobile application. iMed proposes to keep track of patient's medication routine. It will also detect dangerous drug-drug reaction and warns the patients of the risks. Further, iMed will also provide a platform to connect patients with doctors.

Targeted towards a larger mass of Palestine, where no competition exists whatsoever, iMed aims to generate revenue through subscription charges.

Turunta

What do you do when your vehicle breaks down in the middle of nowhere? You may be an out of towner visiting the city for a short time, or the city is too big to keep track of everything at once. This is a common problem in Nepal. While there are many auto garages, people are unsure about their location.

To address this issue, the team consisting of Prajjwol Bikram Rana, Prasanna Rijal, Abhi Regmi, Sarason G.C, Shivam Pandey, and Devendraraj Tamang introduced the concept of Turunta in the 5th Global Entrepreneurship Bootcamp. Turunta is a mobile application, that has marked all the Garage locations in Nepal so that whenever a vehicle breaks down, the customer can simply log in to their app, and get an address to the nearest garage location. Turunta customer base includes individuals with vehicles.

Ravspace

While some students have a clear vision of what particular field they are choosing after their school, some students are still in a conundrum. Choosing a career path is not always an easy task. In the scenario of India, around 60% of fresh employees are not satisfied with their jobs while more than 80% consider changing their career is a good option.

In this scenario, Ravspace aims to become a solution. Introduced in the 5th Global Entrepreneurship Bootcamp, by the team consisting Snehil Vaidh, Sonakshi Mathur, Shivam Chandravadia, Siddharth Bhatia, Amritanjoli Shreshthesshory, and Vatsal Khetan Ravspace aims to become a career guiding platform. Working on the career counseling principle approved by the Indian Government, Ravspace will provide easy access to help students decide as well as thrive in the career field. It will offer an end to end career assistance in combination with career counseling and Mentorship.

Making its customer base specifically among school and college students, Ravspace proposes two ways to generate revenues, Fixed Revenue Model and Subscription Revenue Model.

S Square

Technology has infested everywhere in our daily life. Mobile Phones, Tablets, Laptops, have been essential to speed up our tasks and enable us to become more productive. But has this ever happened to you? You are late to the office and do not have any charge on your phone? You would be missing out on several important calls. Well, worry not, S Square is here!

A team consisting of Divyank Jain, Sanjida Akter, Ritaza Paudel, Ame Thapa Magar, Sarad Banjara proposed the idea of Smart Shoes (S Square) in the 5th Global Entrepreneurship Bootcamp. S Square is a fitness guru as well as a portable electricity generator. Thriving on the concept of the piezoelectric effect, S Square generates electricity to charge electronic gadgets on the go. Further, interlaced with other technologies, S square is intelligent, eco-friendly, fitness guru, that lights up the path using LED bulbs. The shoe is an electronic marvel that will change the way the world walks.

Aimed towards Tech-Savvy customers, S Square aims to partner with influential shoe manufacturing companies and sell their products.

elecSell

With every year passing by, the arena of electronic gadgets is expanding largely while you are stuck with the same phone that you bought two years ago. Online retail sites like ebay or amazon provide the same gadget for different prices which can fluctuate from tens of dollars to hundreds. So, what is the best price you can sell your gadget, or buy another one that you have always had an eye on?

A team in the 5th Global Entrepreneurship Bootcamp consisting Hansraj Patel, Julio Cesar, Paniagua Velasquez, Meenu Sainju, Laxmi Thapa, and Socieal Hamal presented a solution that provides a best value pricing platform, elecSell. A customer can elect to sell any item at a reasonable price as well as they can buy an item they like at a fair price. elecSell utilizes the concept of E-commerce while being unique at its pricing system. Further, elecSell would assist its customer in conducting trade only in electronic gadgets.

Targeting the tech-savvy audience, elecSell provides a harmonious trading environment, where each transaction would generate revenue.

Zero

The world is driving towards an era of technology. With this, there are a large number of options one can choose from. While some students are determined what their career path would look like, others suffer from indecision and inability to thrive on their chosen career path. To make matters worse, the internet provides over-information that further leads to confusion.

To address this problem a team consisting of Tahmina Khanom Tandra, Arif Mustafa, Tahosina Monir, Bhishma Bhattarai, Aasish Kathariya, and Sujan Pokhrel presented their idea of Zero in the 5th Global Entrepreneurship Bootcamp.

ZERO acts as a torchlight to students. It illuminates the paths of young minds lost in the darkness of infinite career choices by helping them find the right direction. Zero makes the accurate assessment of each student and guides them towards the path in their career where they can thrive. Further, it also connects students with professional mentors who will help students to recognize their strengths and weaknesses and provide support to grow.

Making its customer base specifically among mid-school and freshmen students, Zero will generate its revenues from its customers.

Plan-Tastic

As a working parent, it is not always easy to plan your child's birthday party. You don't have time as you are stuck in a meeting all day long and neither you can go to an event planner because they are expensive. Getting all the things required for the party can be quite a hassle, especially on a busy day.

A team consisting Arjit Singh, Karan Maneet Gandhi, Prattush Prashun Das, Sachina Shrestha, Shafayat Khan Shihab, Akrit Dhungel, and Aryab Sigdel proposed the idea to make this possible- Plan-Tastic. Plan-Tastic is an online event managing application, that enables its customers to plan and manage an event. Not only can they add personal value to the event, but they can also do it cost-effectively and with ease. Further, it provides a congregation of retails, that provide the best value of things that a customer might require for their party. Not only customers but the retailers can also benefit from such a transaction. Retailers can get exposure for their unique products while the customers can directly interact with the retailers cutting out a third party.

Making a customer base among the regular households, Plan-Tastic will generate its revenues from the retailers on the items purchased by the customers.

K20

In developing countries, Micro Finances plays an important role to enable people to access several needs. Micro Financing Institutes (MFI) provides small loans to individuals keeping small collateral. But in markets of Africa, a large number of MFI exists, which has produced an unhealthy competition, which includes delinquent loans, customers having loans in several MFIs, and customers providing fraudulent documentation.

Attending to these problems, the team consisting Ekote Nelson Nnoko, Sadia Kabir Dina, Robih Hilman Ardiatama, Jean Dalmeida, Guenoukpati Ayawovi, and Sitti Kafui Akoko presented their idea of K20 in the 5th Global Entrepreneurship Bootcamp. Targeting towards the Micro Finance Institutes (MFIs) in Africa, K20 will collect data from MFIs and using Machine Learning it will generate credit report on each customer of these MFIs. With recording as well as profiling, K20 will act as a data bank to feed MFIs with customer's report while accessing customer's delinquent loans.

Targeting the Micro Finance Institutes in Africa, K20 will generate its revenue through MFIs by providing them with well-curated data.

GEB 2019 Bangkok Highlights