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

Employment opportunities amid crisis - Tour guides opts farming

A tour guide could earn a minimum of Nu 30,000 per month during the peak tourist season in Bhutan. The income made was sufficient to support...

May 19, 2020 19:53

Covid-19 response must address gender-based violence, other rights of women and girls

“The social and economic stress that Covid-19 pandemic brings upon households places women and girls in vulnerable positions, burdening them...

May 12, 2020 16:46

Features

One of the Inspiring Bhutanese Artists to Watch This Summer- Pema Gyeltshen

Pema is a rising artists producing paintings with diverse theme including region, tradition, culture, everday life, abstracts and self...

May 29, 2020 17:20

Haa- Home of Ap Chundu, the omnipresent local guardian deity

Haa is one of the smallest districts in the country and is highlighted by the Wang chu Lo Dzong which is the administrative centre of the...

May 20, 2020 18:24

Sports

Karma – Female Archer From Bhutan Qualified For Tokyo 2020 Olympic Quota

Karma has been specialising in Olympics-style archery since 2009.

Nov 30, 2019 13:18

Bhutan’s Pelden Wangchuk Wins 10th Edition Of Tour 0f Dragon Mountain Bike Race

This year, the race also saw the highest number of female participants compared to past years.

Sep 10, 2019 01:08

Business

Celebrating Bhutan’s Entrepreneurs: Namkhar Gyaltshen Of Transcend Artisan

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

Mar 06, 2020 11:48

Centre Of Excellence For Software Engineering Launched By Bhutan’s Thimphu Techpark

The purpose of establishing this centre is to fulfil His Majesty the King’s vision of using technology to solve problems.

Feb 24, 2020 23:58

Travel

Wangdue Phodrang - The gateway to the far-flung corners of Bhutan

Known as Sha or east to the Bhutanese, Wangduephodrang district is an important gateway to the far-flung corners of Bhutan. The region, the...

May 27, 2020 08:47

Reasons Why Dagala Trek is Every Trekkers Dream

May 13, 2020 11:30

Lifestyle

Food on Wheels- First of its kind in Bhutan

The World's Largest Fast Food Restaurant Chains doesn't exist in Bhutan.

Mar 04, 2020 09:39

Amazing Stories from the Eastern Part of Bhutan

You can't say you have visited the eastern part of Bhutan unless you have experienced the following bizarre things.

Mar 02, 2020 19:02

Subscribe to our newsletter

Never miss out on new happenings and news stories!

Download Daily Bhutan Mobile App

Connecting with us just got easier!