The first ever edition of She Loves Tech Cambodia 2020, the world’s largest startup competition for women in technology, announced the 3 winners of the award.
Homegrown agritech solution Smart Farm Assistance, cloud-based hospital management system Peth Yoeung and Cambodia’s first data science academy DataU Academy were crowned as the first, second, and third place winners after an intense round of pitches delivered by 7 innovative women entrepreneurs.
Smart Farm Assistance has been crowned the local winner for Cambodia and moves on to represent the Kingdom at the global finale in November 2020. At this stage they will compete against 29 other finalists across the world, from north and South America, Africa, Europe, Asia, and Australia, all of this for a cash prize of $15,000, international media exposure, and much more.
She Loves Tech Cambodia 2020 is designed to accelerate Cambodia’s most promising startups to create global impact. This initiative is launched in partnership with the Ministry of Posts and Telecommunications, Ministry of Economy and Finance, Khmer Enterprise, and the Global Shapers Phnom Penh Hub.
As the current landscape of Cambodia shows that only 20% of tech startups are women led, programs such as She Loves Tech really help to increase this number and bring more women into the industry.
As the repercussions of Covid-19 seem more imminent, having a tech focused startup culture would allow the local economy to grow alongside women, which have been underserved in this industry since its inception.
The final live pitch for the Cambodian National Finals was held on Friday October 9th over an interactive webinar. Startups were evaluated based on 5 essential criteria, including innovation, scalability, and positive impact on women. Shortlisted teams received tailored mentorship and special training on pitching virtually from award- winning industry leaders such as Forbes 30 Under 30 Prosithyrith Yim, serial tech entrepreneur Rithy Thul, and Dr. Sophea Prum, winner of this year’s Cambodian Woman ICT Engineer Award.
Efforts from international organizations such as She Loves Tech is a welcome addition to the local startup ecosystem. Not only are they introducing more women into an industry that has potential to bring the Kingdom’s economy to the next level, they also provide essential training and support to entrepreneurs who take the leap and grow their business.
This is only the beginning for Cambodia’s thriving tech startup ecosystem. With more participation from women, and collaboration between members and stakeholders, the future of tech in the Kingdom is looking bright.