Piloting of startup support scheme in Bayangol district_2018.02.23-25

Location: Bayangol District, Ulaanbaatar

Participants: 55 people (26 female, 29 male)

Objective: Promote the development of start-up businesses in the local community, cultivate a start-up ecosystem at aimag and district level, support start-ups led by youth, and build the capacity and mindset of the local youth to manage start-up businesses.

Participation: Ministry of Labour and Social Protection, Governors’ office of Bayangol district, Representatives from private companies, Labour and welfare service department of Bayangol district, Startup Mongolia NGO, Youth employment promotion project implementing unit, Participants

As result of the 3-day Pitch event following teams and their ideas were selected by referees:

First place: “Aragont” team

The team plans to produce leather products with unique craft design. 

Second place:One group” team

These young people to develop web platform for online training service.

Third place:Egshig cosmetic”  team

This team was selected for their plan to make organic cosmetic product.

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