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Seven startups get Tk 15cr capital
Startup Bangladesh to invest Tk 100cr among 50 startups this year Star Business Report Star Business Report
Startup Bangladesh, the flagship venture capital fund of the ICT ministry, announced the first series of investments of Tk 15 crore, or $1.75 million, for seven startups yesterday.
The government formed Startup Bangladesh in March 2020 with an allocated capital of Tk 500 crore to help new entrepreneurs innovate faster, create new jobs, develop technical skills and realise the vision of Digital Bangladesh.
This time, the company has launched the Shoto Borshe Shoto Asha initiative to invest Tk 100 crore in 50 startups in 2021 to mark the birth centenary of Bangabandhu Sheikh Mujibur Rahman and Golden Jubilee of Bangladesh.