A team of students from the University of Dhaka won the regional diamond award at the HSBC Young Entrepreneur Awards 2011 finale held in Hong Kong on Monday.
The team took the diamond award as well as a prize money of HKD40,000 for its 'CocoCrete' project, which aims to supply high-strength, ready-mixed concrete using coir fibres from discarded coconut husks as reinforcement to make buildings more resistant to earthquakes, said a news release. The team consisted of Upoma Dutta, Shehreen Kamal and Nusrat Sharmin Moutusi — all students of IBA, University of Dhaka.
An innovative business plan to produce eco-friendly food packaging won three students from the Philippines the regional platinum award while the jade award went to the team from Thailand for its 'Heart & Sole's Convertible Heels' project.
Source : New Age
