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To harness the full potential of young entrepreneurs, strong commitment and proper infrastructure are essential: Asif Mahmud Sajib Bhuiyan

Smart policies, easier access to capital, and an enabling ecosystem are essential to unlock the full potential of Bangladesh’s young entrepreneurs, speakers stressed at a national workshop on “Youth Entrepreneurship: Investment, Policy and Ecosystem” held today (August 17, 2025) at the BIDA Multipurpose Hall, jointly organized by the Bangladesh Investment Development Authority (BIDA) and the United Nations Development Programme (UNDP).

Speaking as Chief Guest, Asif Mahmud Shojib Bhuyain, Hon’ble Adviser, Ministry of Youth and Sports and Ministry of Local Government, Rural Development and Co-operatives, reaffirmed the government’s commitment to youth-focused reforms: “What we are witnessing is the rise of a generation that is not waiting for permission, it is forging ahead with purpose and passion. This energy must be matched with our commitment to remove barriers, build infrastructure and give our young people the tools to lead.”

Faiz Ahmad Taiyeb, Special Assistant to the Hon’ble Chief Adviser, Ministry of Posts, Telecommunications and Information Technology, underlined the need for systems to keep pace with young innovators: “The young people of Bangladesh are not waiting, they are building, scaling, and solving. The real question is whether our systems can match their urgency and creativity. If we act together with purpose and partnership, I believe we can.”

Opening the discussions, Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of BIDA, said, “Young entrepreneurs are national assets. We must support them through smart policies, easier access to capital, and an enabling ecosystem.”

Sonali Dayaratne, UNDP Bangladesh’s Resident Representative (a.i.), called for removing barriers, “Bangladesh’s next wave of innovation will be youth-led and locally rooted-if we eliminate the roadblocks.”

A keynote by Mr. Zahedul Amin, Managing Director of LightCastle Partners, highlighted gaps in the current investment climate and stressed the need for alignment between policy and youth-driven enterprise.

Dr. Mehruna Islam Chowdhury, Project Manager, Owais Parray, Country Economic Advisor, UNDP Bangladesh, and Nahian Rahman Rochi, Head of Business Development, BIDA, also spoke at the event, underscoring that open dialogue and youth engagement are key to driving reforms.

More than 100 youth entrepreneurs, investors, policymakers and partners joined to identify challenges and co-create solutions to promote innovation and inclusive growth.

The workshop concluded with a shared pledge to develop a comprehensive policy roadmap with institutions including BIDA, Startup Bangladesh, Bangladesh Bank, the ICT Division and others, placing youth at the heart of Bangladesh’s growth ambitions.

The event was organised under the UK-funded Transformative Economic Policy Programme Phase II (TEPP-II), jointly implemented by BIDA and UNDP Bangladesh.

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