Urban Sprout Won Top Award At The Bhutan National Techstar Start-Up Weekend 2019

Email

The Bhutan National Techstar Start-up weekend was held from 26th - 28th April 2019.

(Source: Facebook/Department of Information Technology & Telecom, Royal Government of Bhutan)

 

By Phub Dem | Kuensel

Urban Sprout was recognised as the best idea for the Bhutan National Techstar Start-up weekend from 26th - 28th April 2019.

The idea behind this project which was awarded a sum of Nu 600,000 is to produce sprouts in three days using a grow monitoring device called ‘pulse’ to meet the high demand for expensive imported sprouts

The second prize of Nu 400,000 went to Dragon Treasure, an application used to access information and research papers in Dzongkha, images and videos of Bhutanese culture as well as Google speaker in Dzongkha.

Dragon Wine won the third prize of Nu 200,000 and Home tech bagged the fourth position with a sum of Nu 100,000, while iSchool won the honourable mention award.

 

Source: Facebook/Department of Information Technology & Telecom, Royal Government of Bhutan

 

Along with the cash prizes, the winning teams will be given special membership in the DHI Business Acceleration Programme.

Further support given to the start-up winners

In addition, the Department of Information Technology and Telecom (DITT) will also assist the teams in liaising with other government agencies to launch the ideas as commercial businesses. The winning teams were also given books on entrepreneurship, innovation and start-ups.

In support of entrepreneurship in Bhutan, Prime Minister Dr Lotay Tshering said that the event has changed his concept about start-ups, he also mentioned that the Government will give 100 percent support to the young start-ups.

Of the 180 ideas presented, the initial round of selection for the participants and their ideas was conducted in six colleges and the Thimphu TechPark. 28 ideas were selected and further screened to pick the top 15 finalists.

The colleges include: the Jigme Namgyel Engineering College, Sherubtse College, Gaeddu College of Business Studies, College of Language and Culture Studies, College of Science and Technology, and the College of Natural Resources.

Challenges faced in executing the start-up ideas

Of the challenges faced, the validity of the ideas and their presentation continue to remain the biggest obstacle for the start-ups.

Even though various ministries, departments, financial institutions and community volunteers have organised many start-up events, the ideas failed to be executed.

 

Photo: Facebook/Department of Information Technology & Telecom, Royal Government of Bhutan

 

Therefore, the ideas which were conceived at the start-up weekend remained just as a raw plan as no concrete action was taken after the event was over.

However, in order to nurture these ideas, attractive prizes, mentorship as well as incubation centres were provided by the organisers.

Providing the right support for the winners of the start-up events

The Founder of InnoHome, runner up of last’s year start-up weekend, Pema Singye, said that the focus should be on networking young entrepreneurs with financial support and mentors. “Rather than wasting the resources at an initial stage, the organisers should help us penetrate the market.”

Many ideas failed to take off due to a lack of financial support, moreover the organising agencies lacked coordination.

“The Start-up centre in Changzamtog takes in only the winners from the events organised by the Ministry of Economic Affairs while the Techpark takes in winners of events organised by the DITT.”

An entrepreneur said that if all the relevant stakeholders could come together, the creation of a vibrant entrepreneurial ecosystem will be beneficial for the economic growth of the nation. 

Out of about 30 winners from the start-up weekend, only two—Bundle and Miniature Bhutan (winner of 4th and 5th edition of start-up weekend)—matured into commercial businesses.     

Meanwhile, the winners of the 6th edition of the National Start-up Weekend that took place in March last year are reportedly working on their prototypes. The three winning teams are: Sungjab, InnoHome (smart switch system), and Shaa-Veggie.  

 

This article first appeared in Kuensel and has been edited for Daily Bhutan.

 


Related Posts

Techstars Startup Weekend Bhutan (Eco-Tourism): 54 Hours where...

The eventful weekend saw 130 keen people in attendance, of which 56 pitched ideas. This was the fifth time that such an...

Nov 29, 2017 08:46

Startup Weekend Begins in Phuentsholing

The Startup Weekend is organised in collaboration with Thimphu Techpark, Techstars, Department of IT and Telecom (DITT)...

Oct 29, 2017 12:00

Need For More Women Entrepreneurs To Partake In Bhutan’s Economic...

The 2018 Global Gender Gap Report has ranked Bhutan 122nd out of 149 countries on a global index.

Mar 14, 2019 20:54

Applying The Vital ‘7Cs’ To Boost Bhutan’s Business Development...

Successful navigation of these ‘7Cs’ will help you (Bhutan) to create the business legacy that you deserve and desire.

Jan 22, 2019 18:29

Jab-Chor—A Platform For Young Entrepreneurs In Bhutan To Nurture...

Jab-Chor was inspired by His Majesty’s aspirations for the youth of Bhutan.

Dec 19, 2018 15:03

Latest

News

Essilor To Donate 400,000 Pairs Of Eyeglasses To Help Reduce Poor Vision In Bhutan

“The donation consists of glasses for the correction of refractive errors as well as sunglasses which will be distributed to the Bhutanese...

May 23, 2019 18:02

International Climate Initiative and WWF Germany To Support Living Landscapes Project In Bhutan

A team from WWF Bhutan and Germany visited seven of the nine targeted districts in the country’s Southwestern region to plan the project.

May 22, 2019 11:48

Features

Craftsmen To Revive Dying Art Of Bamboo Craft In The Village Of Orong, Bhutan

Two decades ago, the community’s bamboo artisans used to make bamboo crafts for household purposes, however this form of traditional art...

May 26, 2019 16:58

Haven For Flora And Fauna, Bhutan Is Host To More Than 11,000 Species Of Biodiversity

The biodiversity statistics of Bhutan 2017 is the first publication presenting accurate and up to date status of the country’s biodiversity.

May 25, 2019 15:58

Sports

Meet Choki Om – First Woman From Bhutan To Become A FIFA Referee

Originally from the district of Wangdue, Choki has already been a referee for over a decade.

May 16, 2019 20:58

First Ever Paralympics Day Held In Bhutan To Remove Social Stigma Towards People With Disabilities

With the motto, “Come out and play”, the committee also planned to eliminate social stigma towards people with disabilities through sports.

Apr 29, 2019 23:58

Business

Celebrating Bhutan's Entrepreneurs: Sonam Pelden Of Mudra

This story is part of an exclusive feature by Yeewong Magazine in Dec 2018 on celebrating entrepreneurship in Bhutan.

May 15, 2019 19:38

Making Money Out Of Thrash - Meet Bhutan’s Winner Of The SAARC Women Entrepreneur Of The Year 2018 Award

Chogyal Lhamo collects waste and turn them into useful items such as bags, containers and dust-bins for sale.

May 04, 2019 23:58

Travel

Resotration Of The Yongla Goenpa In Pemagatshel, Bhutan Finally Completed

Considered as one of the most sacred goenpas that protects the security of the country, the Goenpa also serves as the residence of the...

May 21, 2019 22:48

Jigme Namgyel Naktshang - Ancestral Home Of The Wangchuck Dynasty, To Be Turned Into A Museum

Two famed figures in the history of Bhutan, Pila Goenpo Wangyel and Pala Gyeltshen were also born in Dungkar Choeje Lhakhang.

May 08, 2019 22:28

Lifestyle

Food Review: Cloud9 Cafe & Bar

Cloud9 has always been known in Thimphu for dishing out handcrafted gourmet burgers.

Mar 09, 2019 09:44

Tshering Zangmo Represents Bhutan At The 5th Young Chef Olympiad In India

Tshering Zangmo has successfully made it to round two of the Olympiad.

Feb 04, 2019 16:35

Subscribe to our newsletter

Never miss out on new happenings and news stories!