Dhaka, April 7 -- The government is working to create startup funds from budget allocation to encourage youth in entrepreneurship.

Executive Chairman of Bangladesh Investment Development Authority (BIDA) Ashik Chowdhury said this at a press briefing on Monday evening.

He briefed reporters about the day's session of Bangladesh Startup Connect, an event being held at Hotel InterContinental as a flagship programme under the Bangladesh Investment Summit 2025 that opened on Monday.

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He said that Bangladesh Bank will release Tk800 crore from different banks' startup funds. The central bank will also release another special fund of Tk500 crore to boost the st...