Published on 05:27 PM, October 03, 2017

Bangladeshi youth wins Forbes’ ‘Under 30 Impact Challenge’

Bangladeshi youth icon and social entrepreneur Minhaj Chowdhury has won the first-ever ‘Under 30 Impact Challenge’ at the Forbes Under 30 Summit in Boston.

Minhaj, cofounder and CEO of Drinkwell, aspires to bring positive change to the world and is just doing that, as his firm offers a lifeline to a quarter million people with more than a million litres of safe drinking water in Bangladesh and India, a region where drinking water supply is often contaminated with arsenic, fluoride and iron.

Drinkwell has also created employment for 500 people, and in 2015 Minhaj was selected in Forbes’ 30 Under 30 list, Forbes said in a report yesterday.

As the winner of the ‘Under 30 Impact Challenge’, Minhaj’s Drinkwell yesterday received a sum of $500,000 of which $250,000 in investment from The Rise Fund, and $250,000 from Forbes as a media grant.  It will also receive consulting from The Bridgespan Group, a non-profit which works with social entrepreneurs.

On the way to achieve the feat, Drinkwell faced some tough challenges as it contested with Chakr Innovation, an Indian firm which converts soot into ink and paint, thus making a significant impact in preventing air pollution, and Farmerline, an Amazon-like platform for farmers in Africa to boost their incomes by providing access to information, products and services, both online and offline, Forbes said in the report.

Cheryl Dorsey, president of Echoing Green, and Bill McGlashan, founder and managing partner of TPG Growth as well as founder and CEO of The Rise Fund, were judges for the competition.