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Four Startups Received BDT 18 Lac as Seed Loan

December 7, 20200

In November 2019, four (4) promising startups led by Brac University students and alumni were enrolled to the Business Incubation Centre (BIC) of Brac University. Being the winners of the Business Plan Competition (Round 5), these startups received a total of BDT 18 Lac as seed loan (interest-free consolidated fund for a head start). These startups will receive necessary incubation services like co-working space, utilities, mentoring, among others.

The seed loan distribution ceremony of the funding took place at Centre for Entrepreneurship Development (CED) office at Brac University.

The fund was distributed among these startups: – BDT 500,000
Wholemade – BDT 500,000
Creativo – 300,000
Aatosh – 500,000

CED is currently working with some potential startups at hand to be enrolled in BIC: Bonton, Pothorekha, and Alo (IOSYS).

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