CMED Health from UIU AIMS Lab wins Seedstar Innovation Prize in Switzerland

CMED Health, the Dhaka-based preventive healthcare startup, has won the Innovation Prize by TAG Heuer at Seedstars Summit 2018 in Switzerland. This is the first time a startup from Bangladesh has won at a Seedstars competition. CMED Health initiative is a research outcome of Advanced Intelligent Multidisciplinary Systems Lab (AIMS Lab) of United International University (UIU), which is a great example of research commercialisation from academia to industry in Bangladesh.

"We are selected as the most innovative and revolutionary startup in line with how revolutionary TAG Heuer has been on the worldwide watch-making sector. This is a glorious moment for both CMED and Bangladesh," said Dr. Khondaker Abdullah Al Mamun, Founder and CEO of CMED in a statement. As the winner of Innovation Prize, CMED will receive a USD 50,000 equity investment from Seedstars World and join their growth programme.

Seedstars World runs the world's largest seed-stage startup competition in over 66 countries to source top talent and provide them with value added service such as mentoring, networking, and access to funding. This year, 66 innovative startups from 66 countries participated in the Global Summit from April 9-12 in Lausanne, Switzerland. CMED was selected among the top 12 startups and finally won the top innovation prize.