Dhaka, July 10 -- Bangladesh Bank has announced a remarkable overhaul of its startup loan policy, aimed at fostering entrepreneurship and driving sustainable economic growth.
Under the revised framework, citizens aged 21 and above are now eligible to apply for startup loans at a fixed interest rate of 4 percent, according to a circular issued on Wednesday.
The updated policy expands eligibility criteria, raises loan ceilings, and introduces new financing instruments, including equity investment options, to better support emerging entrepreneurs.Startups that are already operational may also apply for funding, provided they were registered within the past 12 years.
To support the initiative, Bangladesh Bank has established a Tk 500 crore S...