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National Sun Pitch Competition

Bangladesh NutriStar: Nutrition Innovation Challenge

The SUN Business Network Bangladesh, hosted by the Ministry of Industries and co-convened by the Global Alliance for Improved Nutrition (GAIN) and World Food Programme (WFP) is launching the first SUN Pitch Competition in Bangladesh called ‘NutriStars’ Bangladesh.

The SUN Pitch Competition aims to identify and develop a pipeline of nutrition sensitive investments that can be linked to investors and technical service providers, leverage local and global strategic partnerships and improve the coordinating mechanism for private sector investment in nutrition.

The theme for the 2019/2020 SUN Pitch Competition is ‘Rethinking Nutrition Innovations’. Specifically, the SUN Pitch Competition is focusing on identifying innovative SMEs that can provide big, inspiring and disruptive investment solutions to the following food system innovation challenges:

Food Design Innovations

How can your business offer an innovative solution to develop or introduce new, affordable and nutritious food products for local vulnerable populations?

Post-Harvest Loss Reduction Innovations

How can your business offer an innovative solution to reduce post-harvest losses along the supply chain and ensure the retention of nutrients in nutritious food?

Market Connectivity Innovations

How can your business offer an innovative solution to improve the linkage between the supply, demand and distribution of affordable nutritious foods to especially remote populations?

Food Safety Innovations

How can your business offer an innovative solution to ensure food safety along the supply chain to improve the local consumption of safe and nutritious food?

Competition Timeline

1st Prize

BDT 250,000

2ndPrize

BDT 200,000

3rdPrize

BDT 150,000

Business Accelerator

LightCastle

LightCastle manages one of the largest small business accelerators in Bangladesh with 400+ graduates to date and managing/supporting 10+ accelerator batches in 2019 alone. LightCastle have mobilised USD 25 million+ in investment finance and a partner in an investment company called Velocity Asia. Additionally, the LightCastle team consists of investment experts like Bijon (ex-investment banker in Citi working across Asia), Samad (partner, IDLC Ventures and leading angel investor) and Shawkat (ex-MD, BD Ventures, ex-HoSME, BRAC Bank). LightCastle are also partnered with investment firms like VIPD, Truvalu, CDC and BDV.

Partners