Needle Innovation Challenge

Once making up over 80% of the workforce, women's participation in Bangladesh's garment sector has dropped to 53% in 2023 from 56% in 2014. Factors include shifts in industry focus, automation, and reluctance among younger generations to take on labor-intensive roles. As technology reshapes the industry, balancing innovation with inclusive employment opportunities is crucial for sustainable growth. #NeedleInnovationChallenge #BuildBangladesh #RMG #Bangladesh #WomenInWorkforce #automation #sustainability

Step into the Next Chapter of the Needle Innovation Challenge 2.0 – 2nd Residential Bootcamp! From October 14-17, 9 startups from Needle Innovation Challenge 2.0, representing both the Idea and Existing Startup stages, gathered at Chuti Resort, Purbachal for the 2nd Residential Bootcamp. This immersive program included mentorship from industry leaders and rigorous dive into the next step of RMG-focused startup development. With insights gained, these startups are now set to launch their pilot projects, turning innovative ideas into real-world solutions. Follow us to witness their progress! #NeedleInnovationChallenge #buildbangladesh #RMG #RMGBangladesh #Bootcamp #RMGBD #WomenWorkers #Innovation #EmpoweringEntrepreneurs

Sweden-based fashion giant H&M (Hennes & Mauritz AB) is a crucial partner for Bangladesh's readymade garment (RMG) sector. Each year, H&M sources more than $3 Billion worth of garments from Bangladesh, highlighting the country's exceptional quality and craftsmanship on the global stage. #buildbangladesh #Oporajita #NeedleInnovationChallenge #Startup #Entrepreneurs #RMG #RMGBD #WomenGarmentWorkers #CircularFashion #Sustainability #Denim #ProudlyMadeInBangladesh #FashionIndustry #GlobalBrands #H&M #H&MFoundation

Did you know that Bangladesh is a key player in the global fashion industry? We supply top-quality denim clothing to some of the biggest brands in the world, including Ralph Lauren, G-Star Raw, Puma, and Hugo Boss! Here's to supporting local talent and showcasing our nation's incredible capabilities on the global stage! #buildbangladesh #Oporajita #NeedleInnovationChallenge #Startup #Entrepreneurs #RMG #RMGBD #WomenGarmentWorkers #CircularFashion #Sustainability #Denim #ProudlyMadeInBangladesh #FashionIndustry #GlobalBrands #RalphLauren #GStarRaw #Puma #HugoBoss

🌿 Circular Fashion for a Sustainable Future! 🌿 Did you know that in 2019, Bangladesh imported 1.63 million tons of staple cotton fiber worth an estimated $3.5 billion? But here's the exciting part: if we recycle 100% of our cotton waste within Bangladesh, we could reduce these imports by around 15%, saving a whopping $500 million! Our cotton imports usually surpasses $3 billion every year. By embracing circular fashion and recycling, we can make a huge impact on our economy and the environment. Let's support sustainable practices and work towards a greener future together! #buildbangladesh #Oporajita #NeedleInnovationChallenge #Startup #Entrepreneurs #RMG #RMGBD #WomenGarmentWorkers #CircularFashion #Sustainability #Recycling #EcoFriendly #Bangladesh

Application Stage Closed for Existing Startups in the Needle Innovation Challenge 2.0! As we mark the closing of the application stage for existing startups, we're thrilled to announce the overwhelming response we received for the Needle Innovation Challenge 2.0! A heartfelt thank you to all the visionary entrepreneurs who have submitted their groundbreaking ventures. What's Next? Our expert panel is now diving into the exciting task of reviewing these innovative proposals. Your passion and commitment to innovation are what drive the future of the RMG sector. Stay tuned as we process the applications and prepare for the next exciting phase of the challenge. 🔜 Stay Updated Keep an eye on our page for updates, announcements, and more information about the next stages of the Needle Innovation Challenge. #NeedleInnovationChallenge #Oporajita #BuildBangladesh #RMGInnovation #StartupJourney #ApplicationClosed #ThankYouEntrepreneurs #BangladeshRMG #InnovationForward

In Fiscal Year 2023-24, Bangladesh has earned $21.64 Billion by exporting apparel items to EU region. Data from Export Promotion Bureau shows that apparel shipments to Spain, France, Netherlands, Poland and Denmark grew by 6.23%, 1.02%, 16.27%, 17.28% and 26.96% respectively. Apply now to needlechallenge.com with your RMG-focused venture to win a funding of up to 650,000 BDT! Application Deadline: June 30, 2024 #buildbangladesh #Oporajita #Needle_Innovation_Challenge #Startup #Entrepreneurs #RMG #RMGBD #Women_Garment_Workers

According to a data published by TextileToday, the worldwide market of cotton is 25%, while sustainable or man-made fiber (MMF) is 75%. It's high time for Bangladesh to work on alternative materials for apparel production to reduce the heavy reliance on cotton. Apply now to needlechallenge.com with your RMG-focused venture to win a funding of up to 650,000 BDT! Application Deadline: June 30, 2024 #buildbangladesh #Oporajita #Needle_Innovation_Challenge #Startup #Entrepreneurs #RMG #RMGBD #Women_Garment_Workers

Deadline Extended Till June 30, 2024 for Existing Startup Phase of Needle Innovation Challenge 2.0! Due to overwhelming enthusiasm and to ensure everyone has a chance to shine, we're extending the deadline to submit your startup ideas until June 30, 2024. Don't miss out on this opportunity to reshape the future of the RMG industry. Apply now to needlechallenge.com with your RMG-focused venture to win a funding of up to 650,000 BDT! #NeedleInnovationChallenge #buildbangladesh #Oporajita #SustainableFashion #CircularEconomy #RMGIndustry #WomenEmpowerment #Innovation #Bangladesh #startups #futurism #sustainability #socialentrepreneurship #business #networking

Eid Mubarak! As we celebrate this joyous occasion, we extend our warmest wishes to our community and partners. May this Eid bring you and your loved ones peace, happiness, and prosperity. Let’s continue to innovate and collaborate towards a brighter future in the RMG sector. #EidMubarak #NeedleInnovationChallenge #buildbangladesh #oporajita #RMG #Innovation #Community