CAREC University Startup Generator 2024

CAREC University Startup Generator 2024 is calling all full-time university students from CAREC member countries to be part of CAREC region startup revolution! Join us to develop practical, entrepreneurial and soft skills while creating innovative solutions to tackle real-world social and corporate issues in the region. The event is supported by the Asian Development Bank and Republic of Korea e-Asia and Knowledge Partnership Fund.

Introduction

 

The CAREC University Startup Generator 2024 (USG2024) is an open innovation challenge aimed at developing practical entrepreneurial and soft skills among university students in the Central Asia Regional Economic Cooperation (CAREC) regions. With the slogan "Empowering Tomorrow's Innovators", USG2024 equips participants with the knowledge and tools needed to address local challenges through innovative solutions. This initiative is supported by the Asian Development Bank (ADB) and the Republic of Korea e-Asia and Knowledge Partnership Fund (EAKPF).

 

 

Join the league of changemakers! Apply for the CAREC University Startup Generator 2024 today and be at the forefront of innovation in your region.

Competition Process

 

  • Registration: Form a team of 3-4 members and register to the USG2024 
  • Training: Complete online training and given tasks in 6 weeks according to the Timeline 
  • Solutions Development: Develop innovative solution step-by-step and prepare a pitch deck 
  • National Finals: Selected teams will pitch their solution to jury panel at national level
  • Regional Finals: One team per country will compete at the regional level to jury panel
  • Announcement: Announcing the winners and awarding 

 

 

 


Awards

 
  • 1st prize (1 team): Study tour*, certificate, announcement on CAREC website and at key CAREC events
  • 2nd prize (1 team): Study tour*, certificate, announcement on CAREC website
  • 3rd prize (1 team): Certificate, announcement on CAREC website

 

  • National Champions (1 team per country): Certificate, announcement by Country Partner
  • National Semifinalists (5-10 teams per country): Certificate
  • Achievers (teams who complete the program on time and submitted a good quality pitch deck): Certificate

 

*Note: The top 2 teams will be invited to attend an international study tour on innovation and entrepreneurship in one of the ADB member countries. Details to be finalized.

 
 
 

Why join USG2024?

 

 

 

 

ACCESS TO RESOURCES

 

ENRICH YOUR CV 

 

NETWORKING 

 

INTERNATIONAL COLLABORATION 

 

ENTREPRENEURSHIP SKILLS

 

 


Timeline




Organizers

 
 

Country Partners

 

 

 

 

 

 

 

 

 


Insight of USG2023

NIP

KnowBus App - aims to provide clean and convenient ride-sharing options.
 
 
Team Members:
Huizhong Xue (China)
Central University of Finance and Economics
Yanting Chen (China)
Renmin University

GSL

AI Office Butler - aims to improve office productivity using artificial intelligence
 
 
 
Team Members:
Fangzhou Qian (China)
Shanghai Sanda University
Saruul Sukh-Erdene (Mongolia)
Shanghai Sanda University
Yingqi Zhao (China)
Shanghai Sanda University

Goddard Discovery

AI-driven Assistant for Researchers - aims to help researchers in literature review and online collaboration.
 
Team Members:
Unzila Khan (Pakistan)
NED university of Engineering and Technology
Muhammad Ali (Pakistan)
NED university of Engineering and Technology
Nimra Naeem (Pakistan)
Lahore College For Women University

4You

Psychological and Fitness App for Children - aims to promote physical and mental wellness among children.
 
Team Members:
Arzu Garaeva (Azerbaijan)
Azerbaijan State University of Economics
Nadir Huseynov (Azerbaijan)
Mingachevir State University
Vugar Aliyev (Azerbaijan)
Baku Higher Oil School

Be the Change!

Calling all full-time university students from CAREC member countries to join the region’s startup ecosystem. Participants will develop entrepreneurial skills, connect with international peers and experts, and create innovative solutions to real-world social and corporate issues.

 

Be a CAREC Startup Ambassador!

 

 

Still having question? Checkout FAQ page.

Information Session

Interested in the CAREC University Startup Generator 2024 (USG2024), but still have questions or want to know more?

 

Join us in our information session to have a better understanding of how it works.

June 20, 2024 | 15:30-17:00 (GMT+8)

 

ATTEND INFO SESSION