Trust Bank PLC and Bangladesh Angels Network sign MOU
Trust Bank PLC (TBL) and Bangladesh Angels Network (BAN) have signed a memorandum of understanding (MoU) to strengthen Bangladesh's innovation and entrepreneurship ecosystem by connecting institutional finance with early-stage start-ups.
The signing took place on Sunday at Trust Bank's head office in Dhaka.
The MoU was signed by Sadat Ahmad Khan, Senior Vice President and Head of the SME Division at Trust Bank PLC, and Ivy Huq Russell, Chief Executive Officer of Bangladesh Angels Network. Ahsan Zaman Chowdhury, Managing Director and Chief Executive Officer of Trust Bank PLC; Deputy Managing Directors; and senior officials from both organisations were present.
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Under the agreement, the two organisations will jointly identify promising start-ups and support them with access to capital, strategic advisory, knowledge-sharing, capacity-building programmes, and business-readiness initiatives. The collaboration aims to accelerate innovation, expand investment opportunities, and strengthen the pipeline of fundable ventures in Bangladesh.
Leaders from both sides stated that the partnership would help emerging entrepreneurs scale their businesses with greater confidence, backed by institutional support and a structured investment ecosystem.
