Around 200 participants participated in the bootcamp organized in two rounds- first from September 26–29 and the other from October 3–6. 

After a rigorous assessment process, top five business ideas will receive seed funding of BDT 800,000 each, co-working space for a year, incubation training for six months, and mentorship and networking opportunities.

At the end of the incubation phase, the top two business ideas with potential for scale-up and impact will each receive additional funding of BDT 1,500,000.

The four-day-long residential entrepreneurship bootcamp was a part of BYLC’s Youth Entrepreneurship Challenge, supported by United Kingdom aid and ManusherJonno Foundation (MJF), aiming to empower the youth to design unique revenue generating business models.

Speaking as the chief guest in the graduation ceremony of the first bootcamp, Kanbar Hossein-Bor, Deputy High Commissioner of British High Commission in Bangladesh, said that BYLC’s Youth Entrepreneurship Bootcamp is an ideal platform which provides budding entrepreneurs the necessary skills to launch their own business and provide livelihood opportunities to many others, thereby tackling the challenge of rising youth unemployment in the country.

“Young entrepreneurs often launch their business with limited hands-on knowledge or skills on how to run an organisation. BYLC’s Youth Entrepreneurship Bootcamp provides promising entrepreneurs a learning platform through which they can develop tangible skills to champion their startups,” he said.

The graduation ceremony of the first Youth Entrepreneurship Bootcamp was also attended by Md Anwar Hossain, Deputy Director, NGO Affairs Bureau, Prime Minister's Office, and Mridu lChowdhury, Founder and CEO of mPower Social Enterprises Ltd.

Akhter Matin Chaudhury, chairperson of the Governing Board of BYLC and former MD and Chairman of Nuvista Pharma Ltd, and Moshiur Rahman, Managing Director of Paragon Group, also attended the graduation ceremony of the second bootcamp.