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Dhaka Tribune

CES, ULAB organized roundtable discussion on startups and venture capital

In the roundtable discussion, experts discussed the importance of government support for startups seeking venture capital, emphasizing its role in creating a conducive environment for success

Update : 24 Jul 2023, 05:42 PM

The Centre for Enterprise and Society (CES) has recently organized a roundtable discussion session titled “Drivers of Venture Capital Fundraising Success in Bangladesh.”

The discussion session was arranged on Saturday at the ULAB Research Building, bringing influential experts from the finance, investment, and technology sectors, said a press release on Monday. 

The panel comprised industry leaders and analysts who delved into crucial topics relating to government support, academic infrastructure, cultural influences, leadership, financial stewardship, networking, and social impact concerning startups and their ability to attract venture capital.

The participants in the roundtable discussion included Mohammad Rashed, President, Digital Finance Forum Bangladesh, Minhaz Anwar, Chief Storyteller, Betterstories Limited, Waheed Rashd Chaudhuri, Analyst, IDLC Venture Capital, Ishti Alam, Investment Analyst, Anchorless Bangladesh, Shahriar Azad Shashi, CFA, Head of Business Development, Financial Services, Selise Digital Platforms, Shams Ishtiaque Rahman, Proprietor, Shetab, Tarif M Khan, Head of Communications, Dekko ISHO Venture Capital and Razin Mustafiz, CEO, Work life.

Courtesy

In the roundtable discussion, experts discussed the importance of government support for startups seeking venture capital, emphasizing its role in creating a conducive environment for success. 

They recognized that the quality of technology graduates influences startup innovation and their ability to raise capital. During the discussion, they talked about how things like culture, authoritarianism, and being risk-averse can affect how well startups get venture capital. 

The experts also emphasized that good leadership and managing finances well are important for startups to succeed and building strong networks is vital too.

They also explored how startups that focus on making a positive impact on society and the environment can attract grants from donors and venture capital funds in Bangladesh.

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