A five-member delegation from Venture Capital and Private Equity Association of Bangladesh (VCPEAB) had a meeting with state minister for commerce affairs, Ahasanul Islam Titu, at Bangladesh Secretariat in Dhaka on Sunday, said a press release.
The delegation was led by Shameem Ahsan, president of VCPEAB and general partner of Pegasus Tech Ventures.
During the meeting, VCPEAB proposed initiatives included enhancing the Export Promotion Bureau and the Business Promotion Council by increasing their funding and capabilities, as well as organising international trade and investment seminars, B2B matchmaking, and exhibitions to help boost exports and attract foreign investment.
Nahid Afroz, chief executive officer of Business Promotion Council, Ministry of Commerce, Zia Uddin Ahmed, Senior vice president, VCPEAB, and chairman, VIPB Asset Management, Asif Mahmood, vice president, VCPEAB and managing director, SEAF Bangladesh Ventures, Shafique-Ul-Azam, vice president, VCPEAB and managing director, BD Venture Ltd, and Shawkat Hossain, director, VCPEAB and managing director, Bangladesh Venture Capital Ltd were also present in the discussion.
The state minister remarked, "The Ministry of Commerce, Export Promotion Bureau, and Business Promotion Council will provide comprehensive support so that venture capital firms can attract more global investment and at the same time, the start-ups they invest in can promote their businesses in various countries."
Shameem Ahsan, president of VCPEAB, emphasizes 鈥渟trategic initiatives to foster the growth of Bangladesh's venture capital, private equity, and startup ecosystem.
He added, "Our efforts focus on capacity building, international partnerships, and expert consulting, aiming to boost economic growth by enhancing startups' contributions to exports and job creation. Together, we can pave a prosperous path for Bangladeshi venture capital, startups and SMEs鈥�.
鈥榁CPEAB works to strengthen the local startups and Venture Capital and Private Equity firms and help them become much more visible and dominant enough to compete in this era of global challenges and competition. Other than the local members, VCPEAB is working closely with many local and foreign venture capital companies and associations to promote investments in Bangladesh,鈥� the release read.
