Mobile
operator, Grameenphone, has taken a special program named Accelerator to bring out
local startups or initiatives since 2015.
They
selected five local startups yesterday under this program. These selected
startups will get facilities like funding or capital for operating business,
place for work and various directions.
Grameenphone
authority informed, Accelerator is such an innovative platform where startups
of each batch are trained for four months by international and local experts. Entrepreneurs
of selected startups get $15000 as seed fund against 8% share. Besides, they
get an Amazon Web Services (AWS) credit worth $11,200 and workspace in GPHouse for
four months. At this time, platforms are introduced to the potential investors.
In
this four month-long program, participants can learn important things like term
sheet, evaluation, financial modeling and branding. The market value of the
assistance given to each company is around Tk. 65 lakh.
Kazi
Mahbub Hassan, Chief Strategy and Transformation Officer (CSTO) of Grameenphone,
said, “We have received around 1000 applications for participation in the fifth
batch of Accelerator. Among these, only 35 initiatives were selected and entrepreneurs
of these initiatives were invited to the boot camp. Of these, entrepreneurs of
15 initiatives got the chance to give presentation. From there, five
initiatives were finally selected. These are- Search English, CWork Microjob, onuServer,
Digital Manush and Parking Koi.”
Let
us know about these initiatives:
Search English:
Among
the selected initiatives, Search English is an English language learning
platform. It is a Facebook-based initiative. It helps one million members to get
rid of the fear of English through Facebook, website and online.
CWork Microjob:
CWork
Microjob Limited is a cloud source-based micro job platform. There, employers
get workers easily. CWork is on the seventh place as Bangladeshi app in Google
playstore.
onuServer:
onuServer
is an app. It turns Android-run mobile phones into small server and helps provide
SMS and call-based services.
Digital Manush:
Digital
Manush is a platform aimed at connecting service providers with potential
clients, also known as lead generation platform. It is now working in
Bangladesh and India.
Parking Koi:
Parking
Koi is an initiative to find a parking place to keep the car. It helps drivers
to find vacant parking space. Also, house owners can rent their parking space
with this.
Companies
of the previous batch of GP Accelerator coming from different sectors are now
doing quite well. The values of these companies have been increased four times
in the space of just six months. The total values of two of these twelve
companies have already exceeded $5 million.
Source-
