UCB’s training program boosts youth employment, innovation-driven entrepreneurship

A month-long Entrepreneur Development Training Program was recently held in Manikganj under the “Skills for Industry Competitiveness and Innovation Program (SICIP),” implemented by the Finance Division of the Ministry of Finance with funding from the Asian Development Bank (ADB).

The training program was organized by Bangladesh Bank with the support of United Commercial Bank PLC (UCB).

Mr. Nawshad Mustafa, Director (SMESPD), Bangladesh Bank, attended the ceremony as the Chief Guest, according to a press release.

Mr. Adnan Masud, Additional Managing Director of UCB, attended the ceremony as a Special Guest.

Mr. Md. Ayub Ali, Joint Director of Bangladesh Bank and Deputy Program Director, attended the ceremony as a Special Guest. Senior officials from UCB were also present at the event.

A total of 25 promising new entrepreneurs participated in the training program. They received comprehensive training on various aspects of entrepreneurship, including modern business management, financial planning, market analysis, digital marketing, and innovative business plan development.

Speaking at the ceremony, Chief Guest Mr. Nawshad Mustafa said, “Creating skilled new entrepreneurs is crucial for accelerating Bangladesh’s economic growth. Such programs play a vital role in fostering youth employment and promoting innovation-driven business ventures.”

The trained entrepreneurs expressed that the program helped them enhance their business planning skills, understand market dynamics, improve financial literacy, and gain confidence in expanding their ventures. They conveyed their optimism about using their newly acquired skills to build sustainable businesses.