Dhaka, Sept. 13 -- "Under the project to be called 'Bangabandhu Innovation Grant', each entrepreneur in hardware and R&D sector will receive the fund from Tk 1 million to Tk 50 million," said State Minister for ICT Zunaid Ahmed Palak while briefing the media on a three-day Digital Device and Innovation Expo in Dhaka on Friday.

The project will be launched on Oct 14 when the exhibition will be inaugurated, he said.

The government is now emphasising the ICT ecosystem after setting an earning target of $5 million a year from the hardware and software sectors.

"We want to make the ICT ecosystem a matchmaking platform. We need big funds for the ecosystem mechanism. The hardware and R&D sector has a bright future,"said the state minister.

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