Community Bank Bangladesh PLC. and North South University (NSU) have recently signed a Memorandum of Understanding (MoU) to collaborate in supporting NSU Startup Next – one of the country’s leading university-run incubators.
Under this partnership, Community Bank Bangladesh PLC. will act as the Banking and mentoring partner for Startup Next incubatees. The Bank will provide tailored banking and cash management solutions while extending mentorship support to young entrepreneurs.
It is noteworthy that this mentorship initiative will be executed through the Community Bank Startup Incubator, the first bank-run incubator for startups in Bangladesh. This initiative reflects Community Bank’s strong commitment to fostering innovation and contributing to the growth of Bangladesh’s startup ecosystem.
The MoU was exchanged between Professor Abdul Hannan Chowdhury, Vice Chancellor, North South University (and Chairman, Grameen Bank), and Kimiwa Saddat, Managing Director (Current Charge), Community Bank Bangladesh PLC.
The signing ceremony was attended by distinguished representatives from both institutions, including Dr. AKM Waresul Karim, Dean, School of Business and Economics, North South University; Samuel Mursalin, Director, NSU Startups Next; Dr.Md. Ariful Islam, Head of Corporate Banking and Head of Business (Branch), Community Bank PLC; and Md. Mamun Ur Rahman, Head of ADC & MD’s Coordination Team, Community Bank PLC.