Dhaka, April 7 -- Bangladesh Bank announces forming a special fund worth around Tk 9.0 billion to solely lend capital to startup companies, under government bid for accelerating economic growth banking on newer enterprises and investment.

Bangladesh Bank Governor Dr Ahsan H Mansur rolled out the plan at a plenary of an investment summit that began Monday with participation of investors from home and abroad.

Funds from this startup fund will be disbursed through commercial banks, he said, adding that an official circular to this effect will be issued shortly.

Dr Mansur unveiled the plan at the 'Startup Connect' plenary of the Bangladesh Investment Summit that got off to a formal start in a city hotel with this session.

"I want to see a...