Background

Venture capital investments spur innovation, create employment, and make significant contribution to economic growth. With our population growing, globalization rapidly changing international business climate and sometimes making it uncertain, a culture of innovation can provide its own energy for Bangladesh by affording us opportunities for our young entrepreneurs. Where done correctly, the impact of government intervention in fostering an innovation economy in have successfully created venture capital ecosystems in many countries. The government of Bangladesh hopes to replicate similar success by founding Startup Bangladesh that will catapult its young generation of entrepreneurs to the next level who can accelerate the pace of innovation and lead the economy to a self-sustained path to growth. With this in mind Startup Bangladesh aims to pursue the following goals:

• Create an accelerator and its accompanying ecosystem of entrepreneurs, investors, mentors, advisors to promote Bangladesh as a global hub for tech entrepreneurship.
• Actively collaborate with entrepreneurs, industry, academia, financial institutions, and government to stimulate innovation.
• Create the appropriate business, operational and regulatory frameworks to support bold dreams.