Orange Corners Bangladesh, a global initiative dedicated to strengthening entrepreneurial ecosystems for youth, welcomed its third cohort into the incubation programme on Monday, at Impact Hub Dhaka.
The launch event celebrated 10 impact-driven enterprises selected from over 220 applications submitted from across Bangladesh.
The top 10 businesses, selected after a rigorous screening process and in-person interviews, are Aqualink Bangladesh Limited, BriqUp, CrowdV, Delivery Hobe, FarmsHouseBD, Filamentify, Gramshop, Polka Flex, Purno, and Tutor Provide.
These enterprises operate across Dhaka, Chattogram, Narayanganj, Mymensingh, Rangpur, and Gazipur, spanning industries such as education, agriculture, logistics, health tech, and the Internet of Things (IoT).
Notably, eight out of the 10 ventures are led by women, emphasizing Orange Corners Bangladesh’s commitment to promoting gender diversity.
Through the Incubation phase run by YY Ventures, these early-stage enterprises can benefit from customized training sessions and masterclasses facilitated by local and international domain experts, and gain essential business management knowledge and skills through personalized coaching and mentorship.
Upon successful graduation, each alumni enterprise can unlock Track I funding in grants up to 5,000+ Euros, followed by Track II funding of up to 50,000 Euros each through a combination of a grant and soft loan if they meet all requirements.
Irma van Dueren, ambassador of the Kingdom of the Netherlands to Bangladesh, graced the event as a special guest. She said: "Orange Corners has 21 hubs across 19 countries in Asia, Africa and the Middle East, each on the same mission: to turn brilliant ideas into concrete businesses that create jobs and contribute to society."
Tazin Shadid, chairman of the Board of YY Ventures, was also present at the event. He said: "At YY Ventures, we’re always happy to facilitate incubation and acceleration, a service we’ve excelled at for almost 10 years."
Since 2023, Orange Corners Bangladesh incubated 30 enterprises through the first and second cohorts, and graduated 25 of those which successfully met all requirements. Among the alumni enterprises, 23 were awarded funding via Track I grants through the programme. Applications for Cohort 4 of the incubation program will open on November 1.
