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GUSTO Innovation Awards and Forum 2019

Myanmar’s Premier Event for Fostering Innovation and Entrepreneurship

GUSTO Innovation Awards and Forum 2019 was Myanmar’s first and only event dedicated to advancing innovation and entrepreneurship, bringing together industry leaders, professionals, and national figures in support of the country’s emerging innovators.

Organized by GUSTO University in collaboration with the Myanmar Computer Professionals Association, the event aimed to cultivate a culture of creativity and innovation among young talents and entrepreneurs. It was held on Saturday, June 8, 2019, from 8:30 AM to 1:00 PM at the Myanmar Ballroom, Sule Shangri-La Hotel, Yangon.


The Role of Innovation in a Competitive Global Economy

In an era of rapid globalization and technological transformation, businesses in Myanmar must compete not only locally but also on a global scale. To thrive, the nation’s youth, enterprises, and economy must embrace innovation and forward-thinking strategies to stand out in an increasingly competitive world.

Recognizing this imperative, GUSTO University and the Myanmar Computer Professionals Association established this platform to empower Myanmar’s future leaders with the knowledge, skills, and inspiration needed to drive innovation-driven success.


Event Highlights

The forum featured cutting-edge technological innovations developed by GUSTO students, along with expert discussions on the importance of innovation, entrepreneurship, and leadership. The event was structured into two key segments:

  1. Student Innovation Showcase
  • GUSTO students presented their original technological inventions, demonstrating their creativity, problem-solving abilities, and entrepreneurial spirit.

  1. Expert-Led Discussions on Innovation & Leadership

  • Distinguished speakers from diverse industries shared insights on how innovation fuels success in today’s business landscape:


    • Prof. Dr. Aung Tun Thet, Economic Advisor to the President of Myanmar and member of the National Economic and Social Advisory Council, delivered a keynote speech on “Innovation and Entrepreneurship.”

    • U Thaung Su Nyein, CEO of 7Days News Media & Information Matrix, discussed “2020: Innovate or Die.”

    • Dr. Zaw Naing, CEO & Managing Director of Mandalay Technology, presented on “Managerial and Leadership Qualities, Competencies, and Skills for 21st-Century Leaders of Innovative Organizations.”
     

    Impact and Takeaways

    The GUSTO Innovation Awards and Forum 2019 successfully reinforced the critical role of innovation and entrepreneurship in shaping Myanmar’s economic future. By bringing together young talents, business leaders, and industry experts, the event inspired the next generation of innovators to embrace creativity and leadership in a rapidly evolving world.