Tk 100cr startup fund proposed to back new entrepreneurs

Finance Adviser Salehuddin Ahmed has proposed a Tk 100 crore startup fund in the national budget for the fiscal year (FY) 2025–26 to support emerging entrepreneurs.

Unveiling the budget in a televised address at 3 pm today, Ahmed said the fund would focus on tapping into the potential of the information technology sector and encouraging fresh talent to venture into the field.

"The fund will be created considering the potential of the information technology sector and to encourage new entrepreneurs in this field," he said.