Six Bangladeshi Entrepreneurs Get Funding

Yesterday in Dhaka, at the 92nd Social Business Design Lab, six new local business won approval from Yunus Center for investment. Nobel prize winner Prof Dr. Muhammad Yunus presided over the presentation ceremony. Initially–there were 150 participants, who were observed by national and international organization. The young entrepreneurs presented their business plans, which included: marketing and sustainability plans. All six business were approved for funding from various social business funds.

Since its inception in January 2013, Social Business Design Lab have approved 1,235 projects. Most of these approved businesses were already in operation.

“It is exciting that so many ideas are now a reality and impressive that entrepreneurs coming from remote areas are now presenting their business plans and defending them in front of distinguished international audience,” said Dr. Yunus.

This year, the Social Business Design Lab has approved these projects: Borsha Handicraft, run by Bithi Begum, which makes women’s clothes and decoration products. Bibiyana Beauty Parlour, run by Sharifa Khatum, which provides skincare services. Sohani Fashion Tailors, run by Sohani Akter Jhumur; which produces ladies clothing. Rojoni Gondha Layer Farm, run by Riazul Islam, which produces meat and dairy products. Mahim enterprise, run by Md. Kamruzzaman, which sells grocery items. Rajib Bansh House also got approved and it’s run by Rajib Bansh.

Prefessor Yunus also invited the winners to join the Social Busing Lab, which will be held on 29th August 2015. Dr. Yunus believes that Bangladesh is a great platform for entrepreneurs, and wants to encourage them