Experts call for developing startup-friendly system for innovative youths | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Food
    • Habitat
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
The Business Standard

Wednesday
December 06, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Food
    • Habitat
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • TBS Graduates
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Long Read
    • Interviews
    • Offbeat
    • Tech
    • Magazine
  • বাংলা
WEDNESDAY, DECEMBER 06, 2023
Experts call for developing startup-friendly system for innovative youths

Economy

TBS Report
11 October, 2020, 09:15 pm
Last modified: 11 October, 2020, 09:21 pm

Related News

  • BSEC draft rules: Brokers express concerns, call for halt until election
  • Start-ups assured of support in entering capital market
  • Intermediaries get another year to invest in debt securities
  • BSEC for probing Emerald Oil shares' 'suspicious' jumps
  • Margin loans further relaxed to cheer up the market

Experts call for developing startup-friendly system for innovative youths

A webinar was organised by the securities regulator and the Venture Capital and Private Equity Association of Bangladesh to celebrate World Investor Week 2020

TBS Report
11 October, 2020, 09:15 pm
Last modified: 11 October, 2020, 09:21 pm
Experts call for developing startup-friendly system for innovative youths

Bangladesh has a large young population which must be employed through a startup-friendly system to develop the country, stated financial experts at a webinar.

Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat-Ul-Islam said, "We have a huge demographic advantage which is very rare in this world. Almost 60% of our population is below 38 which is an asset for us as they possess the ability to generate several innovative ideas."

"We seek to utilise them for the development period of Bangladesh by encouraging and supporting them," he added.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

He made the statement at a webinar titled "Venture Capital and Startup Investment Forum," organised by the BSEC and the Venture Capital and Private Equity Association of Bangladesh (VCPEAB) on the occasion of World Investor Week 2020 on Saturday, read a press release.

At the webinar, BSEC Chairman Shibli Rubayat-Ul-Islam was present as the chief guest, while its Commissioners Shaikh Shamsuddin Ahmed and Md Mizanur Rahman were present as special guests.

BSEC Commissioner Professor Dr Shaikh Shamsuddin Ahmed said, "We have witnessed that a lot of people have lost their jobs due to loss of markets, Covid-19, etc."

"Hence, it is essential to build a robust venture capital and startup ecosystem which can give rise to employment opportunities in our nation," he added.

Meanwhile, BSEC Commissioner Professor Dr Md Mizanur Rahman said, "The Tokyo Mother's Market and Shanghai STARS Market models have given us a course of action to reflect upon."

"The Small Cap Board can be an opportunity for giving a simpler, easier and less regulated environment for startups to become listed and have access to funds," he stated.

James Tan, managing partner of Quest Ventures, said, "We all aspire to have a vibrant venture capital and startup ecosystem and the government can play an important role to achieve this."

He further said, "The government can introduce favorable policies and subsidise credits for startups and SMEs which will be extremely beneficial for the venture capital and startup community."

World Investor Week aims to raise awareness about the importance of investor education and protection – while highlighting the various initiatives of security regulators to enhance the venture capital and startup ecosystem, said the press release.

The webinar brought together policymakers along with global and local investors and academics.

The keynote speaker at the event was Anis Uzzaman, general partner and CEO, Pegasus Tech Ventures and the session was chaired by Shameem Ahsan, president, VCPEAB.

Jenni Risku, founder, Women In Tech Conference; Asif Hossain Khan, professor, Department of Computer Science and Engineering, Dhaka University; Craig Bristol Dixon, general partner and chief executive officer, Accelerating Asia; Vinod Shankar, co-founder and partner, Java Capital; Svet Sedov, founder, The First International Incubator for Silicon Valley Companies; and Afshin Moayed, partner, Razor Capital, among others, also delivered speeches at the webinar.

Top News

Bangladesh Securities and Exchange Commission (BSEC)

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image. Photo: Collected
    No tax on foreign loan interest till February: NBR
  • Law, Justice and Parliamentary Affairs Minister Anisul Huq. File photo: Collected
    From Tk6 lakh to Tk11 crore, law minister's cash balloons
  • Photo: Reuters
    Meta restricts record 2,270 contents in Bangladesh in Jan-Jun

MOST VIEWED

  • For the first time, Bangladesh seeks foreign loans to support Rohingyas
    For the first time, Bangladesh seeks foreign loans to support Rohingyas
  • Photo: Collected
    Indonesia volcano erupts, spews ash 3 km into sky
  • A screengrab of Shakib Al Hasan speaking at Magura Awami League office on Wednesday (28 November).
    Shakib's annual income Tk5.5cr, bank loan Tk32cr
  • Caption: Illustration: TBS
    Source tax on land registration cut again
  • Treasury bill interest rate tops 11%
    Treasury bill interest rate tops 11%
  • External trade through Islamic banks in decline
    External trade through Islamic banks in decline

Related News

  • BSEC draft rules: Brokers express concerns, call for halt until election
  • Start-ups assured of support in entering capital market
  • Intermediaries get another year to invest in debt securities
  • BSEC for probing Emerald Oil shares' 'suspicious' jumps
  • Margin loans further relaxed to cheer up the market

Features

Ghulam Ali

Ghulam Ali: Voice that makes ghazals bloom

9h | Features
Exploring door designs: Redefining spaces and experiences

Exploring door designs: Redefining spaces and experiences

11h | Habitat
A brain drain query: Why do they leave?

A brain drain query: Why do they leave?

16h | Panorama
The school has been flooding since June 2007 and the water level is rising every year. PHOTO: COURTESY

Will Dubai pay heed to the suffering of Sultan Al Nahyan School students in Bangladesh?

17h | Panorama

More Videos from TBS

Will the United States - Israel attack Yemen?

Will the United States - Israel attack Yemen?

2h | TBS World
Venues revealed for 2024 Copa America

Venues revealed for 2024 Copa America

3h | TBS SPORTS
Keffiyeh, the traditional garment, became the national symbol of Palestine

Keffiyeh, the traditional garment, became the national symbol of Palestine

5h | TBS World
An Argentine night in club football

An Argentine night in club football

7h | TBS SPORTS
EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]