MPT and MCF Successfully Concludes Mandalay Pre-selection Event for Myanmar Youth Technopreneurship Development Program 201928 Jan 2019
(Mandalay, 28th January 2019) Myanmar’s first and leading telecommunication operator, MPT in partnership with the Myanmar Computer Federation (MCF), has just successfully completed the pre-selection of upper Myanmar teams that will progress to the next stage of the Myanmar Youth Technopreneurship Development Program 2019, which aims to discover and equip the country’s next generation of technopreneurs.
The event in Mandalay today where the five teams were chosen, follows the earlier selection of lower Myanmar teams in Yangon on 20th January. The total of 10 teams from both selections have the amazing chance to grow their capabilities through 9 days intensive boot camp. The boot camp sessions will help them strengthen respective business proposals ahead of the final round where the top three winners will each receive Ks 8 million and a 6-month access to a modern working space at Kanaung Hub, the MCF’s business incubation center.
Out of the initial 15 teams each from upper Myanmar that made their business proposal submissions, the selected 5 teams from upper Myanmar are as below:
|1.||Domino||Productivity Startup Project|
|2.||WMM||Waste Managing Machine|
|3.||Team Trigo||Visual Organic Engineer Project|
|4.||Twin||Autoalart Project for food|
|5.||Kyaukse EXO||Upper Body Exoskeleton Suit Project|
The pre-selected teams from Mandalay will join their lower Myanmar counterparts for the boot camp from 31st January to 8th February. They will all be provided mentorship and guidance on improving their ideas, plans and execution phases for their proposals. Amongst the esteemed panel of judges for upper Myanmar, are top technopreneurship industry professionals, U Okka Kyaw, U Bo Bo Zaw, U Myat Khine, U Zaw Moe Tun, U Daw Cho Thiri Mg, Daw Khin Thet Maw, U Zaw Mg Myint, U Aung Kyaw Soe, U Tun Khaing, U Aung Aung and U Nay Thu Win. The five selected teams with unique innovative ideas from lower Myanmar are Idea Capsule, Innovationgroup, Divers, Blue Frog and Nay Yar.
Mr. Yoshiaki Benino, Chief Operating Officer of MPT-KSGM Joint Operations said, “MPT wants to congratulate all the selected teams from upper Myanmar, who have demonstrated their undoubted potential in pursuing a future in technopreneurship. Together with our partners the MCF, we view the growth of business incubation as key to moving Myanmar forward in various industries. This falls in line with our overall “Myanmar in our Heart” approach where all our activities seek to empower and enrich the communities of the country. We wish them all the best in the next phase where they will undergo special intensive boot camp sessions with renowned leaders in the technology and entrepreneur fields, and hope they grasp this opportunity with both hands.”
U Min Zeyar Hlaing, the President of Myanmar Computer Federation said, “We are once again, very honoured to be working with MPT to uncover more technopreneural talent in Myanmar. With all the 10 teams from upper and lower Myanmar selected, we now look forward to the next part of the competition which is where they have to do their best to improve their propositions ahead of the final selection. We are glad to be supporting the inspiring youths in pursuing their dreams while giving back to the community and country. That is why we have gone through extra lengths to facilitate their growth through industry-relevant mentorship and other support through this unique program.”
At the final event in February, following the boot-camp for the teams from lower and upper Myanmar, they each have to provide a more comprehensive presentation through which the final three winners will be selected to receive seed funding worth Ks 8 million each and 6-month access to a working space at Kanaung Hub. With the close mentorship and assistance from experienced start-up business entrepreneurs, they will have the opportunity to work closely with them and grow their businesses. The rest of the selected teams will also receive Ks 500,000 and other prizes, for their efforts.
For more information about the competition and other MPT’s CSR activities, please call 106 or visit MPT’s official website at www.mpt.com.mm . You may also visit MPT’s official Facebook page, www.facebook.com/mptofficialpage MCF’s official Facebook page, www.facebook.com/mcf.myanmar.computer.federation/ and Myanmar Youth Technopreneurship Development Program’s Official Facebook Page https://www.facebook.com/mmtechnopreneurship/ for further details.