Yangon 2016 has levelled up the startup scene in different levels. Established startups reaching next level, fresh blood going around for summits and investment and inspired entrepreneurs having second thoughts on their career paths. With 2017 around the corner and “graduation” time at corporates, the new thought among employees is not that you got fired, but you let yourself out to explore more in the “Adventure Journey as Entrepreneur”.
Cream of the crop, this is what have happened to the most of us who have been in the startup community since late 2013. We’ve had more struggles in comparison to entrepreneurs of today. Many of our peers are in successful forms and have kept up to the levels of the global stage. There are some that have fallen, one of which was a major incubation program engaged by Ideabox supported by Ooredoo and Project Hub Yangon whom at its best launched successful programs gracefully with Global Entrepreneurship Week events.
One of early incubation thought leader, former co-founder of Ideabox Myanmar and current Co-Founder of Codebrotary, Kaung Sitt expresses his thought on the recent changes and comments:
“I see many new faces every time I mingle at networking events these days. Expats, repats and many inspired entrepreneurs and corporate professionals actively exchange ideas and Improvement have been seen. Beyond 2014, things opened up and young entrepreneurs craved for startup challenges and results have been pretty positive and not very smooth but in a good shape, so far. I believe tech startups will be more demanding and occupying most of startup ecosystem in Myanmar and yet there should be more supports from financial aids and investors to build stronger Startup Ecosystem in Myanmar”
Tech scene compared to then has become a more active and a community. Back then tech startups atmosphere was most excited by Myanmar’s first ever 48 hour Hackathon: “Code for Change Myanmar”. This program boosted the technology scene encouraging the participants to tackle some of the country’s most pressing challenges encouraging many more hackathon challenges most of which have been organized by Phandeeyar Innovation lab along the way. Read More »