Vision 2025 launched to create $10b startup market in Bangladesh

The Business Standard

Quest Ventures’ James Tan witnessed launch of Vision 2025 for the Bangladesh ICT sector.

“Vision 2025 to create a startup and Venture Capital friendly ecosystem has been launched at the Bangladesh regional event of Startup World Cup, the biggest startup competition in the world, on Saturday, targeting Bangladesh startup ecosystem that will develop seven times by accomplishing the objectives of the vision, said a press release.

At present, there is one and only $1 billion Dollar company (Unicorn) and the goal is to have five companies with billion-dollar valuation or Unicorn in Bangladesh by 2025.

The current startup ecosystem of the country is valued at $1.45 billion with the potential to reach a 10-billion-dollar valuation. These startups have created 150000 jobs and 700 indirect jobs recently.

The vision foresees taking direct employment to 1 million and indirect employment to 5 million by 2025.”

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