bangladesh's startup ecosystem
TRANSCRIPT
The Startup‘s Quickstart Guide To: Afghanistan
BANGLADESH
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
ABOUTHere at The Startup Monthly, we’ve come across various guides here and there about the startup communities in different countries. But, they’ve been inconsistent, and not all countries are covered.
This guide is by no means meant to be complete and all encompassing. Consider it a starting point if you’re an entrepreneur, investor or researcher.
We plan to update these guides at least annually and welcome any suggestions or additions we should consider adding to the guide. I.e. startups, investors, community resources, etc.
Please email any suggestions or questions to [email protected].
Lead Researcher: Christian Arthur Last Updated: June 30, 2016
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
INTRODUCTION
(1) (2)
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
INTRODUCTION• Government: Parliamentary Republic3
• GDP(PPP): $577.3 billion ($3,600 per capita)• Unemployment rate: 4.9% (2014)• Inflation rate: 6.4% • Population below poverty line: 31.5% (2010 est.)
• Main Industries: rice, jute, tea, garments4
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
STARTUP SCENE• Economy is growing fast, at a rate of 6%.5
• The startup ecosystem of Bangledesh is young and just beginning to take shape.
• Country has little tech infrastructure; acess to mobile and internet technology is low.
• Capital Dhaka is a hotspot for entrepreneurship and innovation within the country.
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
MOST PROMISING STARTUPS
SHAJGOJ5
• Online content platform geared towards a female audience
• 2 million page views per month a couple months after startup phase
Solaric6
• Solar energy company
• Pioneered voltage conversion tech, making solar accessible to poor
• Rapidly expanding in Bangladesh and beyond
Chaldal7
• E-commerce grocery store
• 3 warehouses, 400 products, 400 customers per day
• Rated 9th among 500 global entrepreneurs by Y Combinator
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
INVESTORS & INFLUENCERS• Bangladesh Venture Capital Limited – venture capital firm.
• Mustafizur Khan – founder and CEO of SD Asia, entrepreneurship media outlet based in Dhaka.5
• Samad Miraly – exec. director of major manufacturer Olympic Industries United and co-founder of co-working space The Wave
• Sajeed Islan – organizer of Dhaka Startup Weekend and owner of co-working space.
• Riyad S. A. Husain – CEO of a leading digital marketing agency in Bangladesh
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
COVERAGE OF STARTUPS• Startup Dhaka – 2013 documentary about Dhaka startup
scene, which catalyzed further entrepreneurship in the area. 5
• SD Asia – entrepreneurship media outlet based in Dhaka, covering Bangladesh & neighbor countries.
• Tech in Asia – “media, events, and jobs platform for Asia’s startup community.”
• Founded in Bangladesh – list of startups.
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
SUMMARY
Bangladesh
• Bangladesh is one of the most densely populated countries in the world, and poverty is rampant in the country.5
• Startup ecosystem is just sprouting, and much of the country is an untapped market. Other assets include:
• 60% of the population is younger than 30 years old.
• Massive diaspora throughout region, and hundreds of millions of Bangla speakers elsewhere on the Asian continent.
• Markets will soon change as companies like Grameenphone close digital divide.
The Startup‘s Quickstart Guide To: Afghanistan
SOURCES• Background Image:
https://en.wikipedia.org/wiki/Bahrain#/media/File:Manama,_Bahrain_Decembre_2014.jpg
• (1) https://commons.wikimedia.org/wiki/File:Bangladesh_(orthographic_projection).svg
• (2)• https://commons.wikimedia.org/wiki/File:Bg-map.png
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
SOURCES• (3) • "The World Factbook: Bangladesh." Central Intelligence Agency. Central
Intelligence Agency, 15 June 2016. Web. 28 June 2016. <https://www.cia.gov/library/publications/the-world-factbook/geos/bg.html>.
• (4)• Tinker, Hugh Russell. "Bangladesh - Economy." Encyclopedia Britannica
Online. Encyclopedia Britannica, 13 June 2016. Web. 28 June 2016. <https://www.britannica.com/place/Bangladesh/Economy>.
• (5) • "Bangladesh Startup Scene." Innovation Is Everywhere. N.p., n.d. Web.
28 June 2016. <http://www.innovationiseverywhere.com/bangladesh-startup-scene/>.
Bangladesh
The Startup‘s Quickstart Guide To: Afghanistan
SOURCES• (6)• SD Asia Desk. "The 7 Rising Tech Startup CEOs in Bangladesh." SD Asia
Desk. N.p., 27 Jan. 2015. Web. 30 June 2016. <https://sdasia.co/2015/01/27/the-7-rising-tech-startup-ceos-in-bangladesh/>.
• (7) • "Chaldal Ranks 9th on Y Combinator Survey | Dhaka Tribune." Chaldal Ranks 9th
on Y Combinator Survey. Dhaka Tribune, 3 Jan. 2016. Web. 30 June 2016. <http://www.dhakatribune.com/shopping/2016/jan/03/chaldal-ranks-9th-y-combinator-survey>.
Bangladesh