Startup Bangladesh Limited, a government-backed venture capital firm, is set to inject Tk 100 crore into 46 selected startups, aiming to strengthen the country's startup ecosystem. Since its establishment in 2020, the company has actively approved investments totaling Tk 73.50 crore across 28 companies, dispersing Tk 64 crore. These investments span critical sectors such as
iDEA Project is launching a new campaign called 'Startup Compass', which aims to find potential and promising entrepreneurs in the local startup scene.
Bangladeshi startups have brought in over $125.7 million over the past eight-and-a-half months. But is there a hospitable ecosystem to sustain and foster their development?