GP Accelerator, a joint venture between Bangladesh’s startup blog SD Asia and leading telecom company Grameenphone, has announced the names of five startups selected for its inaugural programme.
The four-month business boot camp will commence this month.
The five startups will get seed funding of over BDT 10 lakh (approximately US$13,000) each, a workspace in GP House and mentorship. At the end of the programme, they will also get a chance to showcase their products/services on the demo day, which will take place in May 2016.
“I think that the choice of selecting five startups is a great way to kick off this initiative. Today we are open to explore in areas where companies like Grameenphone previously hesitated to participate. The time for “big telecom” is over – we now want to partner with the future of Bangladesh,” Grameenphone’s Chief Strategy Officer, Erlend Prestgard, said in a statement.
“This is one of the ways we intend to do this, and we find it fascinating exercise. We see ourselves as a part of the ecosystem, and we hope that we together with SD Asia can significantly contribute to the future of these startups,” he added.
A sneak-peek at the five startups:
A web design company, Ennovision serves as a one-stop solution for businesses looking to create a solid online presence through their websites. Ennovision aims to help Bangladeshi businesses replace their poorly-designed websites with beautiful and user-friendly templates, allowing them to showcase the products or services globally in a more presentable manner.
It is an intelligent personalisation mobile advertising app that puts delightful content on users’ lock screens and time-saving tools, giving a useful lock-screen experience.
It is a carpooling application, looking to disrupt the way people commute around Dhaka city. Through the mobile app, it allows users to carpool in a safe, social networking setup while saving time and money.
It is a service platform for solving day-to-day household problems. It aims to make your daily life hassle-free by ensuring services from skilled professionals, providing services such as electrical repair, home appliance repair, plumbing, security solutions and Wi-Fi solution.
It is an online course marketplace, where you can create courses with state-of-the-art web tools and sell your courses online. Since it is an open platform, REPTO has a huge collection of paid and free courses. By using REPTO’s platform, you can learn whatever you like and boost your career or knowledge.
“The process of selecting five best startups was a very challenging task, not because there were too many applicants which we had to scan through, but because there were too many good startups to choose from,” said Mustafiz R Khan, CEO of SD ASIA.