Start-up fund for promoting youth entrepreneurs | 2019-06-14 | daily-sun.com

Proposed National Budget 2019-20

Start-up fund for promoting youth entrepreneurs

Staff Correspondent

14 June, 2019 12:00 AM printer

The government has introduced a specialised fund to facilitate entrepreneurship among youth to generate more employments.

As the present government wants to utilize the full potential of domestic dividend, a fund of Tk100 crore has been allocated in the proposed national budget for the fiscal year of 2019-20 as start-up capital to prompt all types of start-up enterprises by youths. 

Start-up is a company initiated by individual founders or entrepreneurs to search for a repeatable and scalable business model.

Finance Minister AHM Mustafa Kamal on Thursday placed the proposal while presenting the proposed budget for the fiscal year of 2019-20.


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