It is extremely encouraging to see that Bangladeshi start-ups have finally turned a corner and are now increasingly securing investments, from both international and local sources
We also wholeheartedly agree with industry experts when they claim that this is a very interesting time to get involved with and invest in startups in Bangladesh.
To say that our start-ups will play a pivotal role in shaping the Bangladesh of tomorrow would be a gross understatement; we know that we have our economic milestones to hit, and in order for us to be successful, these home-grown companies and their continued success and growth will be an extremely important factor.
To that end, it is vital that the authorities concerned recognize their value, and ensure there are no roadblocks to their sustained growth. As CEO of Bangladesh Angel Network (BAN) Nirjhor Rahman rightfully pointed out, we continue to have issues, including a lack of liquidity, in addition to a growing need for more product development and management expertise and a compelling story and proposition for big-ticket investors to want to invest in Bangladesh.
Our business culture has come under fire, and the jury is still out, with regard to ease of doing business, but with the increased confidence in our start-ups, it appears that we are well on our way to changing that perception as well.
Our start-ups are on the up, generating more revenue, and collaborating with one another, generating more employment, and, ultimately, bringing Bangladesh closer to becoming the knowledge-based economy that we want to become.