Community Bank Bangladesh PLC and North South University Startups Next on Monday signed a memorandum of understanding at NSU premises in the capital, said a press release.
The strategic partnership aims to foster entrepreneurship and provide banking support, essential financial literacy, funding opportunities and ecosystem support for early-stage startups in Bangladesh.
Community Bank managing director (current charge) Kimiwa Saddat and NSU vice-chancellor Abdul Hannan Chowdhury signed the agreement.
Among others, NSUSN director (in-charge) Samuel Mursalin was present.
Through this collaboration, Community Bank will provide specialised training and workshops to NSUSN ventures on critical financial topics such as letters of credit, international business operations and loan application processes.
The bank will also explore opportunities to extend preferential services and potential funding support for NSUSN鈥檚 incubation programmes, the release said.
Kimiwa Saddat stated, 鈥楥ommunity Bank is delighted to partner with NSUSN to support young entrepreneurs who are shaping the future of Bangladesh鈥檚 economy. By equipping them with financial knowledge and resources, we aim to strengthen their journey toward sustainable growth.鈥�
Abdul Hannan Chowdhury said, 鈥楾his collaboration between Startups Next and Community Bank adds a crucial financial dimension to our support system, enabling startups to scale confidently and contribute to the national economy.鈥�
