Experts urged for building a robust venture capital and startup ecosystem, which could increase employment opportunities in the country.
To achieve this, policy support is essential, and subsequent turnaround of the country’s startups could then enable them to contribute 2% to the GDP by 2025, they further suggested.
They were expressing their views at a webinar organized by the Bangladesh Securities and Exchange Commission (BSEC) and Venture Capital & Private Equity Association of Bangladesh (VCPEAB) on Saturday.
BSEC Chairman Prof Shibli Rubayat-Ul-Islam attended the webinar as chief guest, while BSEC Commissioner Prof Mizanur Rahman and Prof Shaikh Shamsuddin Ahmed were present as special guests.
“We all aspire to have a vibrant venture capital and startup ecosystem and the government can play an important role to achieve this. The government can introduce favourable policies and subsidize credits for startups and SME,” said James Tan.