With a lifelong drive toward philanthropy and an academic background in economics, Solongo Ganbold found her way to microbiology later in life, as she helped her mother on her PHD research. It was honeybee venom (apitoxin) that captured her interest for its potential in treating patients with diabetes. With this new drive, she turned into an entrepreneur, fuelled by a contest held by the Food and Agriculture Organization of the United Nations (FAO).
Ever since she was a child, Solongo desired to help people. At 15 years old, she volunteered to teach English to underprivileged girls. As a teenager, she collected old clothes for orphans and street children. In her twenties, with her background in economics, she started working in the government and international organizations to advocate for policies benefiting children and women.
However, it was during her maternity leave that she began to research the therapeutic effects of honeybee venom.
The more she learned, the more she realized that she could leverage this scientific knowledge to develop innovative products, such as pain relief balms and restorative ointments, derived from bee venom. She started “Magic Bee Foods”, and despite the early difficulties that come with any start-up company, Solongo stayed determined.
Her pivotal moment came when she won second place in the “Agripreneurship Challenge”, a competition designed to foster innovation and entrepreneurship in the agrifood sector and identify promising start-ups with potential solutions for the sector’s challenges.
This competition was organized under the framework of the European Union-funded, FAO and United Nations Development Program (UNDP)-implemented Sustainable Development Goal (SDG) – Aligned Budgeting to Transform Employment in Mongolia project. Working together with the International Labour Organization (ILO), the project assisted the government in providing effective, accountable and responsive public services in the labor relations and employment sector, supporting the reform of the budget and financial management system and strengthening institutional capacity.
The competition was much more than a typical contest; it provided a comprehensive incubation training programme and bootcamp workshops where the industry leading experts coached participants with specific knowledge and advice tailored to their needs.
Solongo discloses that her inspiration to explore Research and Development (R&D) for other bee venom products came from her participation in the competition.