A competition titled 'Youth Led Innovation Lab' has awarded youth-led three business plans.

The competition was organized recently by Save the Children in Bangladesh with the participation of youths from Dhaka, Cox's Bazar, Moulvibazar, Sylhet and Satkhira districts. 

The first, second and third winners were selected through a final competition, said a media release on Sunday.

The team- ‘Coco- Shar’ won the first position for innovating the business model of producing organic manures for Urban-Agriculture with useless items of household. 

A total of five teams have been awarded in the three positions. Winning the first position team Coco-Shar received Tk 2 lakh from Save the Children in Bangladesh. 

The second winning team Satkhira Swapna Konnya received Tk 1 lakh while teams Ureka Group, Moulavibazar Bijwala and Sholo Ana Khati Dudh won Tk 1 lakh each winniung third position jointly.

Md. Azharul Islam Khan, Director General, Department of Youth Development, joined the final selection ceremony as the chief guest.

READ: Chevron partners with Save the Children to launch integrated support for children with disabilities

"In all your efforts and initiatives, Department of Youth Development promises to support you. Don’t look for job; I believe you all are capable to create employment opportunities for more youths. I am overwhelmed with your ideas and innovations. I wish your success,” he said.

The competition began with the announcement in and around Save the Children's project area at the five districts.

The seven teams were - Ureka Group (Dhaka), Coco-Shar (Dhaka), Sylhet Learning and Earning (Sylhet), Moulavibazar Bijwala (Moulavibazar), Jagoroni Social Enterprise Hub (Moulavibazar), Satkhira Swapna Konnya (Satkhira), Sholo Ana Khati Dudh (Satkhira), Sagor Parer Hostoshilpo (Cox’s Bazar).