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Phnom Penh, Cambodia - 05 Apr 2023

News Number: PI/06/2023

Officials of ESCAP and CamTech show the signed document

Photo credit: Cambodia University of Technology and Science

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has partnered with the Cambodia University of Technology and Science (CamTech), Khmer Enterprise (KE) and Techo Startup Center to launch a new startup and entrepreneurship training program, with a focus on mobilising women innovators. The four-month program was launched alongside an Innovative Tech Startup Challenge for students, organized by KE and Cam Tech, which aims to harness technology to address Cambodia’s sustainable development challenges.

The competition and training program is backed by ESCAP’s Catalyzing Women Entrepreneurship project, which has to date supported 15 innovative fintech start-ups, directly benefitted over 100,000 women entrepreneurs and unlocked over USD 65 million in private capital to support women entrepreneurs.

During the launch event on 5 April 2023, CamTech and ESCAP signed an agreement to strengthen collaboration among all institutions to promote entrepreneurship and mark the beginning of the incubation training programme and the startup challenge for undergraduates.

The initiative creates a new wave of support for research, innovation and entrepreneurship capacity building for undergraduates, especially female students, in the field of science and technology in Cambodia and promotes public-private partnerships in implementing the national development policy agenda.

Directly following the event, applications for the innovation challenge were opened. Winning applicants presenting the best solutions will not only receive a cash prize, but also the opportunity to compete in the United States next Year.

Students who are interested in the incubation training program can now register for the orientation from 4 April to 26 April 2023 via the following link:

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