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Myanmar’s Next Generation Technopreneurs Shine At the Finals Of MPT-MCF Myanmar Youth Technopreneurship Development Program 2019

11 Feb 2019

(Yangon, 11th February 2019) The Myanmar Youth Technopreneurship Development Program 2019, collaborative efforts between MPT and Myanmar Computer Federation (MCF), is proud to announce the final winners of this year’s competition. 10 finalists competed with the unique ideas to materialize their dreams of becoming tech entrepreneurs in the business field and now 3 teams have successfully grasped the opportunities for that.

Three winning teams includes Idea Capsule, WMM and Blue Frog. Team Idea Capsule presented an online lottery platform named Lottery Palace and it has a lot of interesting review throughout of testing period. Many lottery tickets have been sold and even got 6 lotteary winners in that testing period. Another winning team WMM presented their project named Waste Managing Machine (WMM) same with their team’s name. It is a waste managing machine that carried out for environmental support objectives and can immediately apply in current urban development functions. Also, people who use this machine to litter can get telephone top-up as refund since this maching is supporting systematic waste managing habits. Team Blue Frog efforts to learn Ethnic Languages by using LEL (Learning Ethic Languages) App which is developed by AR/VR technology and makes people closer. This app attempts that users are able to learn the cultures, languages and knowledge of each and every Ethnic Groups.

A total of 110 teams nationwide with various business ideas and products applied for this program.  An initial 30 teams had been shortlisted coming from both Upper & Lower Myanmar zones. The judges further trimmed down the selection to final 10 teams, five teams from each region.  After that they underwent entrepreneurial business workshops and training from well-known trainers and mentors for their specific proposals such as entertainment, civic tech, agriculture, healthcare, business, education, society and IoT (Internet of Things).

MPT is focusing on the development of younger generations in every area which it worked on. This Technopreneurship program is one of the key pillars of MPT’s focused area in which entrepreneurs from technical field are trained and developed to support the conveniences of the lives of the everyday people in Myanmar.

“It was a long journey from the application to this day where winners are determined.  MPT recognizes the talent, hard work and dedication of these young people who show their passion to change society for the better and contribute to nation-building through their unique ideas,” says Mr. Yoshiaki Benino, Chief Operating Officer of MPT-KSGM Joint Operations.  “MPT is here to help them reach their full potential and achieve commercial success,” he added.

This year’s distinguished members of the panel of judges for the final selection event include top technopreneurs, luminaries and industry-leaders such as : Dr Tun Thura Thet, Vice President of Myanmar Computre Federation; Daw Win Win Tint, President of Myanmar Retailers’ Association; U Aung Kyaw Moe, Vice President of Myanmar Computre Industry Association; Daw Khin Thet Maw, Joint Secretary of Myanamr Women’s Entreprenuers Associations; Daw Cho Thiri Maung, CEC of MWEA; Dr May Pyae Sone Kywae, CEC of MYEA & Regional Committee Chair; and U Aung Aung, EC of MCPA.

U Min Zeyar Hlaing, President of Myanmar Computer Federation shares-: “This is the 2nd year that our federation has partnered with MPT in this technopreneurship program.  The excitement of unearthing raw talents from among our youth is overwhelming. We can predict a bright future for our country if we stay focused on this path.  MCF, together with MPT, will continue to champion and harness youth-power in competitions like this, so that we give them an avenue to make a lasting positive impact for present and future generations,” he concludes.

 As a reward for their hard work, the top 3 winning teams will each receive seed funding worth Ks 8 million and the opportunity to gain 6-month access to a working space at Kanaung Hub, which is the MCF’s business incubation hub.   The rest of the (7) contestant teams will also receive Ks 500,000 as honourable mention prices for their effort.

 Ko Saw Le Ya Gaw who is the leader of winning team Blue Frog said,” This moment is amazing and deeply appreciate on Organizers, Deputy Minister, all participants, and every single mentors who guide us. And also thank to God who created these opportunities. Currently on our App, we are continuously working on Kayin Language which is on processing by AR/VR technologies and Shan and Yakhine languages will be soon. We promise this Application will be useful for every ethnic groups.”