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Digital platform launched for women entrepreneurs

  • Staff Correspondent
  • 17 June, 2022 12:00 AM
  • Print news
Digital platform launched for women entrepreneurs

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The World Bank and SME Foundation jointly launched a digital platform to connect the women-led small businesses to potential buyers.

Besides, the financial institutions will be able to present their loan information on the "SMEF Suppliers Platform for Women Entrepreneurs". The platform was launched on Thursday.

World Bank Country Director Mercy Myang Tembon attended the launching ceremony as the chief guest. SME Foundation Chairman Prof Masudur Rahman presided over the function held at Le Meridien Dhaka with SME Foundation Managing Director Mafizur Rahman making the address of welcome.

The SME Foundation thinks that the women entrepreneurs, corporate houses and financial institutions will all benefit from using the platform.

SME Foundation Managing Director Mafizur Rahman said the platform will be an opportunity for the entrepreneurs who are not yet connected with major buyers to establish the connection and enter the mainstream supply chain.

The women entrepreneurs who are not able to connect with corporate houses due to various reasons, including inability to produce quality products, can also benefit from the platform, he said.

SME Foundation informed that one-third of the small businesses worldwide are currently owned by women. There are 1 million small and medium and 6.8 million micro and cottage industries in Bangladesh, of which, 7.21 percent are led by women.

The services of the newly launched platform can be explored at smesuppliersplatform.smef.gov.bd