Bangladesh government offers grants of up to Tk10 lakh for startups

The ICT Division of the Government of Bangladesh invites a grant opportunity of up to Tk10 lakh for the eligible startups under the Innovation Design and Entrepreneurship Academy (iDEA) project. This initiative would help support technology-driven innovations and foster entrepreneurship across the country.

Empowering startups

The selected startups would not only be provided with monetary support but also other related resources like infrastructure, mentoring, skill development programs, co-working spaces, and networking opportunities with investors and stakeholders.

The grant’s announcement mentioned three priorities: to be in line with technological development, addressing society or environmental challenges with clear implementation roadmaps.

Eligibility criteria

To qualify, applicants must meet several criteria:

  • The project must be innovative and focused on technology or entrepreneurship.
  • It should contribute to societal, environmental, or economic development.
  • A realistic business model and financial planning must be provided.
  • The project must align with sustainable community or environmental goals.

Application process

Interested individuals or teams can apply through the official iDEA project website (www.idea.gov.bd) by submitting the necessary documentation.

Aiming for sustainability

The initiative reflects the government’s ongoing efforts to empower entrepreneurs and contribute to sustainable development. By providing financial and logistical support, the ICT Division hopes to nurture groundbreaking projects and strengthen Bangladesh’s position in the global tech and innovation landscape.

The authorities reserve the right to modify or alter the terms and conditions of the grants as necessary.

For more details, visit the iDEA project’s official website.

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