jollibee link
jollibee link
NDP ready to open 'gates' to pass Liberal GST holiday bill separate from $250 rebateInvest $9,000 in This Dividend Stock for $41.88 in Monthly Passive IncomeNone
Global stocks mostly fall ahead of ECB, US inflation data
Scottie Scheffler in a landslide to win PGA Tour player of the year for third straight time
CoreNest Capital, Sologenic’s VC partner, invests in Texture, a U.S.-based broker-dealer, to ...Juan Soto could decide on his next team before or during baseball's winter meetings
Market cap of 6 of top 10 most valuable firms jumps ₹86,848 crore; HDFC Bank, RIL amongst top gainers
None
Bangladesh's future depends on creating a knowledge-driven economy, and new businesses require a supportive environment to succeed alongside funding, which can come in the form of venture capital and private equity, said speakers at a discussion recently. Venture capital is a type of financing for promising startups in exchange for ownership stakes. Private equity is also a type of investment involving purchasing an interest in a mature company that is not publicly traded on a stock exchange. Obstacles in the process of appropriate asset valuation and a dearth of relevant service providers hinder access to finance, they said. For instance, tech companies are having trouble with the valuation audit process since their assets are in the intellectual form, they added. The situation is complicated by the fact that the financing industry lays special emphasis on safe investment and revenue return, the speakers said. For prospective small and medium enterprises and startups, venture capital and private equity may be the most suitable alternative source of financing outside of banks, they said. "Businesses developing intellectual property should not concentrate on valuing physical assets because banks rely on this information to secure their loans," said Ashraf Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI). "As business owners, we should concentrate on conquering our own obstacles while adhering to current legal restrictions, both as growth investors and as financers of innovation," he said. Ahmed was addressing a discussion on "Connecting Innovative SMEs and Startups with Private Equity & Venture Capital Firms for Bridging Financing Gap" organised by the DCCI on its premises. It is necessary to make venture capital and private equity more widely known to small businesses in Bangladesh since the demand exists while innovation was coming about, he said. The industry requires a supportive legislative environment in order to expand, said Mohammad Abdul Momen, a former director of the University of Dhaka's Institute of Business Administration. He stated that the emergence of numerous creative startups was encouraging and for the benefit of the economy as a whole, they must be supported right from their inception. He also urged Bangladesh's young inventors to protect their creations with patents. Mohammad Ashraf Hossain, head of compliance and company secretary at Maslin Capital Limited, Shawkat Hossain, CEO of Bangladesh Venture Capital Limited, Jasim Mohammad Miah, investment manager at X Angel Limited, and MM Ehsan Nizamee, CEO of Finager Fintech, spoke at the event. A total of eight representatives from private equity and venture capital firms alongside 14 startups and 26 SMEs participated in the event.
Global stocks mostly fall ahead of ECB, US inflation data
Juan Soto could decide on his next team before or during baseball's winter meetingsJuan Soto could decide on his next team before or during baseball's winter meetingsPeople Can Fly lays off over 120 employees, affects multiple in-development games
SG Blocks stock hits 52-week low at $0.4 amid market challengesAsia-Pacific markets are set to open lower on the penultimate trading day of 2024
Malik Nabers says calling the Giants 'soft' was wrong but he doesn't regret speaking out
