Foodi Receives Best Retail Startup Award

Bangladesh Bank has announced a Tk 9.0 billion startup fund aimed at accelerating economic growth by providing capital to new enterprises. The fund will be distributed through commercial banks and is part of the government's initiative to foster innovation and investment in the startup sector.

Bangladesh has unveiled a series of bold reforms and financial initiatives aimed at easing business operations and energizing the startup ecosystem. At the Bangladesh Investment Summit 2025, the central bank announced a Tk900 crore equity fund dedicated to startups, alongside an additional Tk500 crore fund combining equity and lending support.

Bangladesh Bank (BB) has relaxed regulations, allowing start-ups to invest up to $10,000 abroad by establishing legal entities. This move aims to support start-ups in Bangladesh and promote innovation. Start-ups, which are in their initial stages, can now submit applications to authorized dealer (AD) banks for remittances up to $10,000 and must report the registration/incorporation of such entities within six months.

TRANSFORM, an impact accelerator led by Unilever, the UK Government, and EY, announced grants of up to BDT 10 million each for two Bangladeshi SMEs focused on climate resilience.

BRAC Bank has been awarded the Remittance Award 2024 by the Ministry of Expatriates' Welfare and Overseas Employment for achieving the 4th position in remittance volume among all banks during the fiscal year 2023-24.

Organic Nutrition Limited (ONL), a Bangladeshi company, has entered the U.S. market with its functional food products after receiving approval from the United States Food and Drug Administration (USFDA). These products are now available in U.S. supermarkets and on Amazon USA.