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The Financial Express

Bank Asia signs agreement with BIID for fostering business incubation for women entrepreneurs

| Updated: October 30, 2020 14:07:25


Bank Asia signs agreement with BIID for fostering business incubation for women entrepreneurs

Bank Asia Limited and Bangladesh Institute for ICT Development (BIID) have signed an agreement aiming to foster entrepreneurship among women and rural youths through Business Incubation facility under B-Lab initiative, says a press release.

Around 1,00,000 women entrepreneurs will get opportunity to explore their full potential in business.

Md Arfan Ali, president and managing director of Bank Asia and Md Shahid Uddin Akbar, CEO of BIID signed an agreement on behalf of respective organisations at Bank Asia Tower, Kawran Bazar, Dhaka, recently.

Through the agreement, women who want to be entrepreneurs can avail online services ‘B-Lab’ of BIID and Bank Asia will provide training on financial literacy to enhance the financial capability of those entrepreneurs. BIID also ensures training on legal, organisational, accounting, planning, distribution and quality control issues for planning and managing the business of the entrepreneurs successfully.

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