Team Group awards scholarships to 33 students

Team Group has awarded scholarships to 33 meritorious students from Hazi Piar Ali School, located adjacent to the company’s 4A Yarn Dyeing Ltd manufacturing facility in Savar.

The scholarships were presented on Thursday, August 28, 2025, as part of Team Group’s ongoing commitment to develop sustainable communities and quality education.

A significant number of children of 4A Yarn Dyeing factory workers study at this school. It is worth mentioning that earlier Team Group had also established a computer lab at the school.

The scholarship program, launched under the Wahid-Kohinoor Foundation, was announced by the late Abdullah Hil Rakib, Founder Managing Director of Team Group, in June 2024 with the aim of promoting SDG-4 (Quality Education) and SDG-11 (Sustainable Cities and Communities).

Managing Director Afroza Shaheen and Deputy Managing Director Abdullah Hil Nakib presented the awards to students from classes 1 through 10 at the school premises. Director of Team Group Lamia Tabassum was also present on the occasionalong with senior officials from TEAM Group.

The scholarship amounts vary by class and performance category. Students from class 1 to class 5 were awarded 3 categories of scholarships – category-1 amounts to Taka 5,000, category-2 amounts to Taka 3,000 and category-3 amounts to Taka 2000.

While students from class 6 to class 10 were also given 3 categories of scholarships. But for them category-1 amounts to Taka 6,000, category-2 amounts to Taka 4,000 and category-3 amounts to Taka 2000.

Each scholarship recipient also received a commemorative crest recognizing their academic achievement.

“We believe that an educated generation will be the key driving force for sustainable development in the future. This scholarship is not just financial assistance, but also a symbol of our trust and affection for each student. We hope they will illuminate society and the nation even more in the day ahead.” said Abdullah Hil Nakib, Deputy Managing Director, TEAM Group.

“Team Group has always been people-centric and committed to contributing to communities where it conducts business. This scholarship is a continuity of fulfilling our commitment,” said Afroza Shaheen, Managing Director of Team Group.

The program holds special significance for the local community, as many 4A Yarn Dyeing Ltd workers live in the area surrounding the factory, and their children attend Hazi Piar Ali School. “The annual scholarship program represents Team Group’s long-term investment in education and community development, ensuring sustainable support for local students’ academic pursuits,” Ms. Shaheen added.