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KOICA to support $7.5 million for entrepreneurship project


Published : 31 Mar 2021 09:24 PM | Updated : 01 Apr 2021 01:10 AM

The Korea International Cooperation Agency (KOICA) will support a budget of $7.5 million till 2024 for improving the overall ecosystem of entrepreneurship in Bangladesh through universities.

 This project is expected to improve the environment for potential youth entrepreneurs through the capacity building of Bangladeshi universities on entrepreneurship education, the Korean development agency said on Wednesday.

The project will combine the best practices and experiences of South Korea and Bangladesh to address socio-economic challenges and opportunities through entrepreneurial initiatives.

Prof Dr. Md. Akhtaruzzaman, Vice-Chancellor of Dhaka University, and Doh Young-Ah, Country Director of KOICA Bangladesh attended the project kicked off meeting held virtually on Wednesday.

 Derik Kim, project manager, and chief consultant, Korea Productivity Center, on behalf of the Korean Project Management Consulting (PMC) consortium comprising of Korea Productivity Center (KPC) & Korea Polytechnic University (KPU) team, has given a presentation on the project scope, timeline, and deliverables, and highlighted the future implementation plans with the Dhaka University.

 He shared some of the components of the project, including space design and construction, curriculum development and entrepreneurship education, overseas training on entrepreneurship for faculty members and relevant government officials, seminars, hackathon, thematic session, Bootcamp, entrepreneurship contest winner’s capacity building, and community mapping, among others.

 Faculties, students, employees, relevant officials from different government organizations, policymakers, regulators, startup community, and others will be the beneficiaries of this unique University-led project, KOICA said.