article thumbnail

Nitex Takes Fashion Forward

Austin Startup

Whenever you hear about Bangladesh you only see the bad news. With Hasan’s background in fashion, an industry worth $22 billion dollars a year in their own backyard (making Bangladesh the second largest worldwide supplier), they found a market worth exploring. Arifin and I discussed what we could do to change that,” Mahdi recounted.

article thumbnail

How Innovation Can Help Frontier Markets

YoungUpstarts

Frontier markets are developing countries that are still too small to be considered as emerging markets. Such countries are sometimes labeled as emerging markets, but they are still less advanced capital markets in the developing world. The bottom line is that emerging and frontier markets are still different from each other.

Bahrain 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Work Is Love Made Visible

YoungUpstarts

Whole countries such as Bangladesh will be flooded, should we see such a dramatic rise of our oceans. And 75% of vaccines in the developing world show signs of freezing, with an estimated one-fourth to one-third of all vaccines which are administered being ineffective. This logistic chain is called the cold chain.

article thumbnail

[Review] The Rise Of The New East

YoungUpstarts

Faced with the rising costs of labour, materials and land in Chinese cities, companies are increasingly sourcing from other Asian countries like Vietnam, Indonesia, Pakistan and Bangladesh. A key point to note here is that developing halal products doesn’t limit a company from cross-selling to non-Muslims.

article thumbnail

Three Megatrends That Will Affect Everybody’s Business

YoungUpstarts

For example: what are the implications of Russia having a life expectancy of 59 versus 61 for Bangladesh? In these tough times some of the biggest, and most common mistakes companies can make are to compete on price or to lower investments in education, research and development or innovation. What can we do?

article thumbnail

When Third is First

thebarefootvc

Resource scarcity leads to innovation — as those of us who have lived and worked in the developing world are acutely aware. Lending: In 1983, Muhammed Yunus founded Grameen Bank in Bangladesh, based on the notion that the poor were credit-worthy and that a model of positive “peer pressure” would lead to repayment of loans.

Africa 106
article thumbnail

Hacking for Diplomacy – The State Department Takes Notice

Steve Blank

For our students, that can mean anyone from a Syrian refugee trying to make contact with his family back home, to a supply chain manager for a major apparel brand who wants to make sure his contract factory in Bangladesh doesn’t use forced labor. We don’t have that mindset or that expertise,” he admitted to the class. “We