Netherlands to support young entrepreneurs of Bangladesh

The Netherlands government has offered a new incubation programme for young entrepreneurs in Bangladesh to support them with business solutions along with skills, funding and resources.

This programme titled "Orange Corners Incubation Programme" in Bangladesh aims to support young, early-stage entrepreneurs to enable them to turn their smart ideas into sustainable businesses, according to a press release.

It is designed to build capacity of early-stage entrepreneurs through world-class training, funding opportunities of up to 50,000 Euros, and a global network to take their businesses to new heights through this initiative. Applications for the programme are open till early June 2023.

The top applicants will be invited to attend a selection boot camp in late June 2023, among which, teams with highest potential will be onboarded to the first cohort of the incubation programme in July 2023, with at least 50 per cent female representation to support women-led businesses in Bangladesh.

Orange Corners is a global initiative of the foreign ministry of the Netherlands, which supports young entrepreneurs across Africa, Asia and the Middle East to enable them to start and grow sustainable businesses.

In Bangladesh, the Orange Corners programme is implemented by YY Ventures, BYLC Ventures and SAJIDA Foundation, and supported by the DBL Group and Unilever, according to the press release.