Young entrepreneurs to get up to Tk 20 lakh collateral-free funds under new BB scheme 'Uddyog'
, Sept. 3 -- Bangladesh Bank is set to launch a specialised financial program titled "Uddyog: Upazila-Based Young Entrepreneur Search, Identification, and Financing Program" to transform young citizens into successful entrepreneurs across the country.
The SME and Special Programs Department of the central bank will implement the initiative.
Details of the scheme were unveiled by BB Spokesperson and Executive Director Arif Hossain Khan at a press conference at the central bank headquarters on Thursday.
Unlike traditional competitive contests, "Uddyog" will identify promising young individuals directly at the upazila level through branches of scheduled banks. Participating banks will evaluate applicants' business plans, feasibility, and ...
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