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Dhaka Chamber launches handbook on entrepreneurship

dThe Dhaka Chamber of Commerce and Industry (DCCI) yesterday (6 November 2013)  unveiled a handbook on entrepreneurship as part of its plan to create 2,000 innovative entrepreneurs across Bangladesh.
President Advocate Abdul Hamid unveiled the guideline styled ‘Handbook of Entrepreneurship’ at the ‘Entrepreneurship and Innovation Expo’ organised by DCCI at Sonargaon Hotel in Dhaka.
Through this programme, DCCI will not only guide new entrepreneurs but also arrange financing from an allocated fund of Tk 100 crore from Bangladesh Bank and different financial institutions.
The chamber has already opened a help desk to register innovative entrepreneurs and projects in different traditional and non-traditional sectors, said DCCI President Sabur Khan at the expo.
“We will hold a seminar in Dhaka in May next year, when the successful projects and entrepreneurs will be awarded,??? Khan said.
DCCI has taken such an initiative to create jobs, he said. A total of two million people come to the job market every year, but the existing companies can only absorb one million, he added.

At the function, Hamid urged the government to prepare a policy on venture capital, so that more companies can come to the market.

“The government cannot employ such a huge population alone. The private sector needs to come up with innovative ideas to create more jobs for the unemployed people,??? Hamid added.
Bangladesh Bank Governor Atiur Rahman said the central bank will provide Tk 100 crore to this project so that the new entrepreneurs do not face hassles for start-up capital.
He said the central bank’s reserve has crossed the $17 billion mark, which is enough to cover the overseas trade bill for six months.
“Only Bangladesh’s current account is in surplus among the neighbouring countries,??? he said.
The current account deficit in India is $70 billion, while Bangladesh’s current account is a surplus of $3 billion, he added.
Kazi Akram Uddin Ahmed, president of the Federation of Bangladesh Chambers of Commerce and Industry, demanded a peaceful political environment for the smooth running of businesses.
Aftab ul Islam, president of American Chamber of Commerce in Bangladesh, also spoke.


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