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BB begins young entrepreneurs selection today
Published : Sunday, 8 November, 2026 at 10:59 AM
Observer Online Report
Bangladesh Bank has begun selecting young entrepreneurs in Manikganj district under its special ‘Udyog’ programme, aimed at developing young entrepreneurs and financing their business ventures.
The three-day selection process will run from Sunday (November 8) to Tuesday. Applicants will undergo interviews and assessments to select the final candidates eligible for financial support.
Leading businesspeople, entrepreneurs and corporate figures will participate as evaluators at the Bangladesh Bank headquarters. They include Apex Footwear Ltd Managing Director Syed Nasim Manzur, Mohemmedi Group Chairman Rubana Huq, Transcom Group Chief Executive Officer Simin Rahman, BGMEA President Mahmud Hasan Khan and BKMEA Executive President Fazle Shamim Ehsan.
Other evaluators include former Standard Chartered Bank Bangladesh CEO Mohammad Naser Ezaz Bijoy, Anwar Group founder Mahmudul Hasan Sohag and Pathao CEO Fahim Ahmed.
The main objective of Bangladesh Bank's ‘Udyog’ programme is to identify promising young entrepreneurs at the grassroots level and provide them with financing and necessary guidance to implement their business plans. Through the initiative, the central bank aims to create employment opportunities, promote self-reliance among young people and encourage new entrepreneurship in the national economy.
In the first phase, applications were invited and potential entrepreneurs identified in eight districts. Following a strong response, the search for entrepreneurs and application process began in the remaining 56 districts on November 1. Interested young entrepreneurs from these districts can apply until November 30.
Under the programme, each selected entrepreneur will be eligible for financial assistance of up to Tk 20 lakh, comprising a loan of up to Tk 10 lakh and a grant of the remaining Tk 10 lakh.
Bangladesh Bank expects the initiative to provide promising grassroots entrepreneurs with easier access to financing, encourage new businesses and generate employment, thereby boosting economic activities across the country.
-MT
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Editor : Iqbal Sobhan Chowdhury
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Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000.
Phone: PABX- 41053001-06; Advertisement: 41053012; 01793317829, 01550707291, 01550707296
E-mail: [email protected], [email protected]. [email protected], [email protected], [email protected], [email protected], Online-email: [email protected]
