Bangladesh Securities and Exchange Commission (BSEC) yesterday approved an impact fund of Tk 83 crore of Build Bangladesh Social Entrepreneurs Fund. The tenure of the fund is 10 years.
The impact fund’s sponsor is JC Management Company, Impress Capital fund manager and Green Delta Insurance its trustee.
The fund will invest in the agriculture and food processing, health and security, recyclable and refined energy, information and communication technology, sustainable manufacture sector, education, engineering and tourism for the social and environmental development.
