Initiative to foster growth of Bangladesh’s impact ecosystem launched

An initiative to increase impact investment in the country’s social business as well as environmental sectors has been launched.

Three organizations jointly launched the programme titled ‘Biniyog Briddhi (B-Briddhi)- Scaling Impact Enterprises of Bangladesh’-from their respective offices through video conferencing by opening a new website.

They are German-based financial consultancy firm-Roots of Impact (RoI), Bangladesh’s business consultant firm Light Castle Partners (LCP), and the Swiss Agency for Development and Cooperation in Bangladesh (SDC). Derek George, Deputy Director & Ameena Chowdhury, Programme Manager of SDC; Bjoern Struewer, founder and CEO & Maxime Chang, Programme Manager of RoI; and Bijon Islam, CEO of LCP, recently inaugurated the programme, which was attended by entrepreneurs, investors, start-up accelerators and incubators. The four-year programme is aimed at increasing capacities of impact investors and entreprenuers for dealing with social business and environmental issues.

The entrepreneurs, who will play positive role in facing environmental problems as well as improving the condition of the backward people, will get financial assistance under the programme. Under the programme, initially applications will be accepted from impact entrepreneurs and accelerator programmes through the website—www.sie-b.org Applicants have been requested to visit the website for detailed information.

-rmc//