SigMind Takes Top Prize for Bangladesh Finals of Entrepreneurship World Cup

On July the National Finals of the Entrepreneurship World Cup Bangladesh were held in the 71 Millonaiton in Daffodil International University. Tanvir Tabassum, founder of Sigmind captured first prize at the national finals of the Entrepreneurship World Cup competition. The startup is devoted to establishing integrated state-of-the-art machine learning based technologies to detect persons, objects, faces, rearms in real-time from multiple cameras feeds on its powerful server. The system has some innovative technologies like real- time search on video space for specific incident detection and posts analysis. Moreover sigmind made this technology available to big clients like government, corporate clients and even a simple house owner. Sigmind reduces the workforce to operate the cameras by 80%.

In preparation for the EWC Global Finals, Tanvir Tabassum will participate in an acceleration program which features virtual training and one-to-one mentoring targeted to their company’s current stage and growth trajectory. 

The winner will represent Bangladesh at the EWC international final in Riyadh, Saudi Arabia in November 2019. In addition, the team will be awarded with an in-kind prize package valued at US$500,000 that includes essential business advice, guidance and services from corporate leaders such as Oracle, Google Cloud, Shopify, Slack and Stripe, thanks to Misk Foundation and GSVLabs.

Other finalists at EWC Bangladesh included: 

  • EduBlock, Edu-tech product for learning STEM and Robotics, 
  • HelloTask, School of Maids, Solution of Household.

The jury of the competition included five experts from Bangladesh. The following jury members were present at the competition:

  • Shawkat Hossain, Managing Director, BD Venture Limited
  • Tina Jabeen, Investment Advisor, Startup Bangladesh, ICT Ministry, Govt. of Bangladesh
  • Bijon Islam, CEO, LightCastle Partners
  • Nirjhor Rahman, CEO, Bangladesh Angels
  • Shezami Khalil, Marketing Director, Shohoz

More than 102,000 contestants from 184 countries entered the Entrepreneurship World Cup. The initiative combines a broad-reaching pitch competition, aimed at ventures ranging from the idea stage to growth stage, with a virtual accelerator program to help all participants launch, strengthen and scale their enterprises. Global Finalists will face off against one another at the Misk Global Forum ahead of Global Entrepreneurship Week in November 2019.

EWC is an initiative led by the Global Entrepreneurship Network and Misk Global Forum with support from a collection of national and global partners, including the Global Educational and Leadership Foundation and GSVlabs. 

EWC National Final of Bangladesh is organised by Daffodil International University with the Support of Evaly and Intorez. EWC is an initiative led by the Global Entrepreneurship Network and Misk Global Forum with support from a collection of national and global partners, including the Global Educational and Leadership Foundation and GSVlabs.