BIDA to create 24,000 new entrepreneurs in 2yrs: chief

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Bangladesh Investment Development Authority (BIDA) has taken an initiative to create 24,000 new and skilled entrepreneurs within two years in line with one of the prime minister’s 10 initiatives –’Investment Development’, a press release said.

‘BIDA will provide training to the interested youths for being entrepreneurs. We have already appointed trainers in the 64 districts to that end. Online registration is also going on,’ BIDA executive chairman Kazi M Aminul Islam told journalists after inaugurating the activities of ‘Entrepreneurship Creation and Skill Development’ project at BIDA headquarters in the city.

Under the project, he said, each entrepreneur will take one-month training from the district-level training centre.

Through the training programme, the BIDA chief said, trainees can gather necessary knowledge about starting business and its challenges, market analysis, capital mobilisation process and other related issues.

‘In the training, BIDA will also motivate the youths about business through removing their misconceptions so that they can make them self-reliant,’ he added.

Under the project, he said, BIDA will provide training to 25 entrepreneurs every month in each district and the training programme will run for 15 months.

‘After 15 months, a total of 375 entrepreneurs in every district will complete their training. The project will also run for another three months for monitoring the entrepreneurs,’ he added.

In every district, Aminul said, a support centre will be established for providing necessary support to the trainees.

After training, he said, every trainee will be BIDA registered entrepreneurs and BIDA will introduce them to different financial institutions, including Bangladesh Bank and SME Foundation, to solve their capital inadequacy.

Among others, secretary of BIDA Md Mosharraf Hossain and senior officials of the authority attended the meeting.

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