Fresh Opportunities as Startups Gain New Funding Boost
WELL WORKBangladesh Bank has stepped forward with a plan to set up a venture capital company dedicated to supporting startups. Along with this, the central bank has created a special fund to encourage investment in the growing startup sector. Officials explained that the move is aimed at making financing easier and more accessible for new businesses.
The central bank also mentioned that private banks will take part in forming these new venture capital companies. With their involvement, entrepreneurs and fresh businesses are expected to find greater opportunities to secure the funding they need to grow and succeed.
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