National, Front Page

Today’s startups will lead to country’s 4IR

Published : 27 Jan 2022 11:45 PM

Today’s startups will lead the ICT industry of Bangladesh in the fourth industrial revolution, said State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak.

“The ICT department is providing all kinds of facilities for startups in Bangladesh. We want to build big IT companies from these startups. That is why we are working to ensure the necessary mentoring and funding for startups,” he said. 

He further said that one floor has been allotted in every hi-tech park of the country for startups where they can conduct activities without rent. Hi-tech park authorities are providing all kinds of utility facilities to them.

He made the remarks while inaugurating the three-day 'Startup Camp' at Sheikh Kamal IT Training and Incubation Center in Rajshahion Thursday.

The Bangladesh Hi-tech Park Authority is providing free allocation of at least one floor for startups in all the establishments set up across the country. Initiative has been taken to provide one-year co-working space, logistics and utility support, as well as one-year in-house mentoring for startups (IMS) to a total of 151 startups on these floors at present.

It may be mentioned that in 2021, about 115 startups have received a total investment of more than 435 million US dollars.

As part of this yearlong mentoring, 3-day startup camps are being organized at each location. As part of this, special sessions are being conducted by local and international mentors for the first 30 startups allotted at Bangabandhu Sheikh Mujib Hi-Tech Park, Sheikh Kamal IT Training and Incubation Center in Rajshahi. 

The three-day programme will have a total of 12 sessions as well as three survey sessions for each startup.

Based on the information gathered from the camp, a personalized incubation programme will be conducted through a six-month curriculum as required by the startups. And later success will be calculated by measuring the growth of startups by collecting data again.

Zunaid Ahmed Palak inaugurated the startup camp by conducting the first session. 

Public and private mentors including Bangladesh Hi-Tech Park Authority Managing Director DrBikarna Kumar Ghosh, Amazon's startup and solution architect Md Mahdi-uzZaman will conduct sessions at the camp.