Bangladesh Bank and IPDC Finance PLC have launched a Tk 500 crore Startup Equity Investment Fund to accelerate the growth of innovative startups in the country.
The central bank has introduced the revolving refinance scheme with a strong focus on women-led enterprises, ensuring access to affordable financing and equity investments that will strengthen Bangladesh’s entrepreneurial ecosystem.
Eligible startups must be registered in Bangladesh, hold valid trade or RJSC licenses, and showcase innovation in products, services, or technology. Financing opportunities range between Tk 2 crore and Tk 8 crore at a concessional 4% interest rate. Applicants must be at least 21 years of age.
Calling the initiative a “game-changer,” Bangladesh Bank Governor Dr Ahsan H Mansur said the fund would help build an inclusive and competitive economy by encouraging innovation, women’s leadership, and disruptive ideas.
Rizwan Dawood Shams, managing director of IPDC Finance PLC, added: “Through this partnership with Bangladesh Bank, we’re fueling startups with more than just capital, we’re igniting the confidence and opportunities they need to soar.”
The launch event was attended by Deputy Governor Nurun Nahar, Executive Director Husne Ara Shikha, Additional Director Muhammad Mustafizur Rahman, and IPDC Deputy Managing Director Ashique Hossain.
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This landmark collaboration is expected to empower entrepreneurs to innovate, scale up businesses, and contribute to long-term economic growth in Bangladesh.
