The Founder Institute (FI.co), the world’s largest pre-seed accelerator, has launched its 4th cohort in Bangladesh inaugurated by the State Minister for Information and Communication Technology, Zunaid Ahmed Palak. The virtual launching ceremony was held on Sunday, 11th October 2020.

    The startup enthusiasts, entrepreneurs, mentors and the experts of the ecosystem builders attended the event.  Dhaka Chapter Directors and local startup leaders, Bijon Islam, Founder and CEO, LightCastle Partners, Minhaz Anwar, Founder and Chief StoryTeller, BetterStories, and Sajid Amit, Associate Professor and Director, Center for Enterprise and Society (CES), University of Liberal Arts Bangladesh (ULAB) co-moderated and introduced the program. The Opening Remarks was given by this year’s program backers- Pathao, Shohoz, and Praava Health.

    In an effort to ensure the health and safety of the program’s mentors, partners, and participants, this Founder Institute cohort will be held completely online, allowing anyone to build a business alongside some of Dhaka’s top entrepreneurs and investors from the comfort of home.

    Since its launch in 2015, the program has created 16 promising technology companies in the region like HandyMama – leading e-services company, Styline -leading modest fashion e-commerce, and many more. The implementing organizations for FI are Better Stories, LightCastle Partners, and Center for Enterprise and Society, University of Liberal Arts Bangladesh.

    This year’s accelerator will feature many of the region’s top startup investors, founders, and executives as mentors (http://fi.co/mentors/dhaka). Sajid Rahman, Co-founder, and CEO of Digital Health Services, Tina Jabeen, Investment Advisor at Startup Bangladesh, and Anita Ghazi Rahman, Founder and Partner, The Legal Circle are the three Senior Directors of the Semester in Dhaka.

    This semester will be backed by Pathao and Shohoz, two iconic success stories of Bangladesh, who will offer their CXOs’ time as virtual CFOs, CMOs, CTOs for example; access to their apps for products ready to serve with or sell, and a pack of support tool kits including marketing, tech, and legal so that the founders can focus fully on building their business. This semester of FI in Dhaka features the “PraavaHealth Impact Fellowship” for a deserving impact entrepreneur accepted into the cohort. The recipient of the fellowship is Tasneem Shah, Borosha.

    Welcoming the new batch of Founders, State Minister for Information and Communication Technology, Zunaid Ahmed Palak said:

    “We are ready to bet on the best founders in the country and provide all the support you need to get you traction. There is no better time than now to bring your solutions to Bangladesh. Join FI and let’s build the next billion-dollar company together!”

    The Founder Institute Bangladesh Virtual 2020 pre-seed accelerator program begins on 2020-10-27. Anybody who is interested can apply to the Bangladesh Virtual 2020 Founder Institute at http://fi.co/apply/dhaka

    Learn more about the Founder Institute at FI.co