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ICT Division secretary Shish Haider Chowdhury and Institute of Cost and Management Accountants of Bangladesh president Mahtab Uddin Ahmed, among others, are present at a session of the launch event for ICMAB Startup Incubation Centre on Monday. | Press release

The Institute of Cost and Management Accountants of Bangladesh on Monday inaugurated ‘ICMAB Startup Incubation Centre (ISIC),’ a pioneering initiative designed to cultivate a dynamic ecosystem of innovation and entrepreneurship.

The launch event was held at ICMA Bhaban in Nilkhet in the capital, marking a significant step in ICMAB’s commitment to driving sustainable economic growth and technological advancement in the country, said a press release.


ICT Division secretary Shish Haider Chowdhury was present as chief guest at the event.

The primary mission of the ICMAB Startup Incubation Centre is to establish the ICMAB as a national hub for tech-driven startups in the accounting and finance sectors that are aligned with the sustainable development goals.

The centre will focus on nurturing research-based, socially responsible, and sustainable enterprises, thereby contributing to national development, employment generation, and elevating the global standing of the CMA profession.

Bangladesh Computer Council’s Innovation Design and Entrepreneurship Academy project director (joint secretary) Murtuza Zulkar Nain Noman attended as a special guest.

ICMAB president Mahtab Uddin Ahmed stated, ‘The conventional way doesn’t always work. To move forward, we must improvise and innovate new approaches that address the evolving needs of our nation. The ISIC marks just the beginning of this journey; we envision expanding the centre further and continuing to contribute to fostering entrepreneurship, innovation, and sustainability that will shape a smarter, knowledge-driven Bangladesh.’

Siddhartho Goshwami, senior consultant and head of operations at the ICT Division, participated as a resource person.

Following the inauguration, a View Exchange Session was held, fostering dialogue among ICMAB members, students, and industry stakeholders.