Sasin and SCGC Kicked Start Bangkok Business Challenge 2024 Highlighting “Growing Impactful Ventures” to Drive Sustainable Startup Business??
kicked start the , with as the official main sponsor. The Bangkok Business Challenge is a global English-language startup business plan competition for university students and the longest-running event of its kind in Asia. This year’s competition entitled “Growing Impactful Ventures,” focuses on sustainable business advancement. The event took place from June 20-22, 2024, at Sasin Graduate Institute of Business Administration as part of?(SasinIEW).
Deputy Director for Strategy, Innovation & Impact
Sasin School of Management
Mr.Dibyendu Bose, Deputy Director for Strategy, Innovation & Impact, Sasin School of Management, said, “Bangkok Business Challenge is a mechanism to galvanize determined entrepreneurs to take action to solve global challenges for a more sustainable future.”
Director of Technology, SCGC
Mr. Niwat Athiwattananont, Director of Technology, SCGC, explained that “SCGC aims to create innovative chemical products to improve people’s quality of life, addressing megatrends by focusing on eco-friendly plastic innovations in line with Circular Economy principles under the SCGC GREEN POLYMER? brand. SCGC offers green solutions following Low Waste, Low Carbon approaches to concretely achieve sustainability goals towards a low-carbon society. Beyond driving business sustainability, SCGC recognizes that supporting university-level startup entrepreneurs through the Bangkok Business Challenge competition is another way to promote sustainability-focused businesses more broadly. This marks the 9th year SCGC has collaborated with Sasin to develop Thai startups capable of scaling up to the global level. This effort not only fosters a startup ecosystem with worldwide networks but also enhances the potential of new entrepreneurs in developing businesses with positive impacts. It drives positive change and creates a sustainable future for everyone, particularly by encouraging the use of green innovations and solutions to create businesses that contribute to a low-carbon society.”
The Bangkok Business Challenge 2024 saw a total of 276 teams from around the world applying to compete, a 60% increase from the previous year. Participants came from 62 higher education institutions across 19 countries, spanning 5 continents. 20 teams advanced to the semi-finals. The competition’s evaluation criteria placed over 20% weight on sustainability and positive impact. The event was honored by the presence of experienced experts from various sectors serving as judges, including Ms. Kobkarn Wattanavrangkul, . The best teams would be awarded HM The King’s Award and HRH Princess Maha Chakri Sirindhorn’s Sustainability Award, along with cash prizes worth over 42,000 USD or around 1,500,000 THB. The 20 semi-finalists were:
- Mantra Kombucha from Nong Lam University – Ho Chi Minh City, Vietnam
- SeaNergy from Bangladesh University of Engineering and Technology, Bangladesh
- Kairos from Putra Business School, Malaysia
- ProPika from University of Arkansas, USA
- Cardicare from Bangladesh University of Engineering and Technology, Bangladesh
- Boo from Universitas Prasetiya Mulya, Indonesia
- Karobar App from Itahari International College, Nepal
- OxyJet from Bangladesh University of Engineering and Technology, Bangladesh
- MetaCycler Bioinnovations from University of Waterloo, Canada
- Ne.Sense from National Yang Ming Chiao Tung University, Taiwan
- CARSUP from 麻豆国产, Thailand
- MediFind from Ho Chi Minh City University of Technology, Vietnam
- Akar from Institut Teknologi Bandung, Indonesia
- Allegrow from The Hong Kong University of Science and Technology, Hong Kong
- Thaniie Wise Wishlor from Mahidol University, Thailand
- JT Space from The Hong Kong University of Science and Technology, Hong Kong
- Oli from Asian Institute of Management, the Philippines
- KaseChar from Asian Institute of Technology, Thailand
- XOBIFY from Khon Kaen University, Thailand
- Wicked XR from Queensland University of Technology, Australia
For more information, please visit . The competition was streamed live on Facebook: Bangkok Business Challenge ().
