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IBA-DU won first position in DYSIN TEXBIZ 2018 competition

After the immense success of last year’s event ‘Archroma TEXBIZ 2017’, BUTEX Business Club this year set the stage again for the students of different universities from all over the country by launching “DYSIN TEXBIZ 2018″. It is an inter-university business case competition where Dysin-Chem Ltd was the title sponsor. Team Lajuk from IBA-DU won the first position in the competition.

About 106 teams from 23 universities and textile institutes participated this year. This Competition had several rounds where the participant showed their potential and ability to solve the different issue. The first round was online round, the second round was presentation round and the third round was the grand finale.

The respective business case for the respective round was provided towards the participants of each round which was textile based real-life business issues on the context of Bangladeshi Textile Industries. After the online case solving round, 23 teams were selected for the presentation round along with 5 other teams (Team Pioneers, Valyrian Steelers, De Jokers, Biztex & Game changers) from BUTEX who were preselected during the intra phase of Dysin TEXBIZ 2018.

Figure 1: participants and guests enjoying the presentation of the finalists.
Figure 1: participants and guests were enjoying the presentation of the finalists.

The presentation round was held on 15 April followed by a short workshop session conducted by Md. Didar Jahid (Manager, Corporate sales, Dan Foods Ltd.). After the session, the total of 28 selected teams was given an on-spot business case to be solved and presented in the presentation round.

The teams were asked to pitch the most feasible solution, showcasing their financial, business and teamwork skills within a given time frame of 10 minutes in the presentation round. After the most judicious judgment of the honorable judges, 7 teams were selected for the final round. The teams were TEAM LAJUK, TEAM DYNAMO, TYCOONS, THE BRIDGE, NO BRAINER, VALYRIAN STEELERS and TEAM NEVER SETTLE.

The 16 April marked the most treasured event of the year by BUTEXBC. The grand finale of Dysin TEXBIZ 2018.

Dr. Mohammed Abbas Uddin Shiyak (Asst. Professor, Dept. of dyes and chemical engineering, Bangladesh University of Textiles), Md. Amanur Rahman (Managing Director, DYSIN INTERNATIONAL LTD ), Nabi Khan (Chief Business Officer, Colour City Ltd, DBL Group) and Saiful Islam Khan (Managing Director, Essential Clothing Ltd) were the honorable judges of the final round.

Team Lajuk from IBA-DU became the TEXBIZER 2018. Tycoons from BUET became the first runner up and the Team Valyrian Steelers from BUTEX secured the third position.

Figure 2: winners with chief guest, judges and founders of BUTEXBC
Figure 2: winners with chief guest, judges, and founders of BUTEXBC.

The participation of the seven teams in the final round and the judgment by the four honorable judges was followed by the closing ceremony, where Prof. Engr. Mashud Ahmed, Vice Chancellor of the Bangladesh University of Textiles, was invited as the chief guest.

He handed over the cheque and crest to the champion team. The champion team got 75000 taka as the winning prize. The cheques of 50000 taka and 35000 taka were handed over to the 1st runner-up and 2nd runner-up respectively.

BUTEX Business Club was highly appreciated for taking this great initiative in blooming the latent talents of the participants.

If anyone has any feedback or input regarding the published news, please contact: info@textiletoday.com.bd

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