Startup Nations Policy Dialogue: Ways to Support Entrepreneurs during the Crisis and Driving Economic Recovery
Asif
Iqbal
13 Dec 2020

On December 12, 2020, Daffodil International University, in association with GEN Research and Startup Nations, organized a policy dialogue where public and private entrepreneurship ecosystem stakeholders of Bangladesh were present to share their views.

The objective of this event entitled “Ways to support Entrepreneurs during Crisis and Driving Economic Recovery” was to know the ways to support entrepreneurs and startups during the crisis and the way forward to driving economic recovery. The policymakers from the public and private sector of Bangladesh joined the session along with some global leaders. The following issues have been mandated by the policymakers:

  • Emphasize on healthcare sectors as this is going to be the key issue in the 
  • Collaboration between national and global startups
  • Providing training programs to the startups and entrepreneurs by the public and private sectors
  • Venture capitals should behave proactively and they should allocate funds to the SMEs
  • Attracting angel investments via collaboration
  • Governments should impose ease of taxes for startups
  • Organizing mentorship programs for creating an entrepreneurial ecosystem

The discussants who support the initiatives are composed of representatives of the following bodies and entities:

  • Dr. Kelly Shaver, President, Entrepreneurship Mindcette 
  • Cristina Fernandez, Vice President of Policy, Global Entrepreneurship Network
  • Ms. Mohsina Yasmin, Executive Member (Additional Secretary), Bangladesh Investment Development Authority, Prime Minister’s Office
  • Dr. Md. Sabur Khan, Chairman, Daffodil Family & Daffodil International University

The list of entities was not only bound to the above-mentioned names but also many other board members of Venture capital firms, bankers, academicians, and so on were present at the event too.

“Digital Network connectors play a good role to communicate with the suppliers or co-founders. This brings a positive vibe” said Cristina Fernandez. 

Ms. Mohsina Yasmin said that BIDA has initiated many projects to support startups especially youths including training programs. They have conducted some policy dialogues with the public authority body. She mentioned that, through this project, already 2400 have emerged as entrepreneurs out of 19000 youths. This is positive news for all the startups in Bangladesh. 

In the end, Sabur khan concludes the program by saying- education transformation is needed for investors as well as startups.

As a part of the Global Entrepreneurship Week celebration, the GERN representative from DIU initiated this event to provide a platform for national-level advocacy from the advisory group. This will help to develop a legislative framework for investment opportunities in Bangladesh

Asif Iqbal

Entrepreneurship Ecosystem Builder | Teachpreneur | Global Mentor for Startups

Asif Iqbal is teaching Entrepreneurship, Technopreneruship, and Marketing in the… More

Beauty Akter is a Faculty member and Teachpreneur at the Department of Innovation and Entrepreneurship at Daffodil International… About the author