comes to the development of a country’s economy, the role that the private sector plays can scarcely be discarded. This is even more true in the 21st century, as the disruptive abilities of start-ups have made it clear that one good idea can change the world.

On that note, while it is good to see that the country has received around $750 million when it comes to the startup sector’s development, it is even more encouraging to see the government take an active interest in fostering our start-up culture, and indeed funding them. As stated by the State Minister for Information and Communication Technology, Zunaid Ahmed Palak, the government is providing financial assistance to 22,500 startups in the country.

In the last couple of years, the country has seen a boom when it comes to the startup sector. From mobilization-based startups like Pathao to EdTech based startups like 10 minute school — Bangladesh has certainly been lucky when it comes to this particular sector. Bangladesh has been seeing immense growth when it comes to the economy, and a lot of this has been driven by the private sector. As stated, the role of startups is something that can’t be downplayed in the 21st century.

The government needs to continue to facilitate an atmosphere that is conducive for this culture. The only way to encourage startups is to create a business environment ripe for business, with laws and funds in place to encourage the undertaking of such enterprises. Bangladesh has set up its own funds when it comes to the development of startups, and funds have been collected from outsid

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