Chattogram Ideation Challenge

Ideate | Initiate | Impact

ABOUT CIC

BYLC Chattogram Ideation Challenge is designed to empower local youth by equipping them with the skills, mentorship, and funding needed to turn their ideas into successful businesses. We provide a comprehensive program that includes training, personalized support, and financial backing to help young entrepreneurs grow and succeed. This program aims to foster sustainable entrepreneurship and support the next generation of entrepreneurs in Chattogram.

CHATTOGRAM IDEATION CHALLENGE JOURNEY

ELIGIBILITY

❯ Age between 18-35 years
❯ Team of 2-4 members, with at least one female member
❯ The idea must be initiated from the Chattogram division
❯ Selected participants must commit to attending the Bootcamp and incubation program

BENEFITS

❯ The champion team will receive a final grant of BDT 400,000
❯ The top 3 teams will each receive a grant worth 100,000 BDT
❯ The top 3 teams will receive 8 weeks of incubation support
❯ Collaborate with diverse like-minded individuals on a shared goal
❯ Gain skills to transform ideas into sustainable business models
❯ Win recognition, grants, investment, and partnerships
❯ Expert mentorship and workshops will be provided to the top 3 teams

GRANT ROADMAP


The following multi-phase process will guide selected ideas as they progress toward receiving equity-free grants. Each phase is designed to evaluate and refine the concepts, ensuring that the most promising ideas are identified and supported effectively.
Phase 1
 20 teams will be selected for intensive training in a 2-day bootcamp. 3 teams will each receive a grant worth 100,000 BDT through their initial pitch presentation.
BYLC Professional Development
Phase 2
After receiving the grant, the top 3 teams will undergo an 8-week incubation period to turn their idea into MVP.
Phase 3
In the final gala round, the champion team will receive a grant worth 400,000 BDT.

CHATTOGRAM IDEATION CHALLENGE BOOTCAMP

Chattogram Ideation challenge is designed to identify and nurture high-potential startup teams through a multi-phase process. After a rigorous screening, the best 20 teams will be selected to participate in a 2-day Bootcamp, where they will receive intensive training and mentorship. Participants will receive comprehensive training in design thinking, project management, financial planning, team leadership, product-market fit, and other essential skills needed to create a thorough business proposal and successfully implement a project.  

FAQ

The application link has been provided at the top of this page.

Aspiring entrepreneurs from Chattogram between ages 18 to 35 years can apply to the Chattogram Ideation Challenge.

Participants will receive comprehensive training in entrepreneurship, mentorship from industry experts, valuable networking opportunities, and grant support from BYLC.

No, the program is free to participate in, and selected teams will receive all necessary training, support, and financial backing.

The Bootcamp provides intensive training and mentorship to help participants refine their ideas and business models, preparing them for the next phase of the challenge.