300 startups to get up to Tk 10cr each

The government will provide up to Tk 10 crore to promising start-ups in Bangladesh, said State Minister for ICT Zunaid Ahmed Palak Yesterday.

The government will give the fund to 300 startups, including 200 this year, in the form of equity investment, he said.

"We will also provide free office space to the startups in 39 hi-tech parks for six months," he said at an event on the inclusion of micro-merchants into the digital marketplace.