DGGF supports launch of Bangladesh’s first angel investment network

DGGF supports Aavishkaar with establishing Bangladesh’ first angel network ‘Bangladesh Angels.’ The network was launched in Dhaka on October 4th 2018, with . H.E. Harry Verweij, the Ambassador-Designate of Kingdom of the Netherlands delivering the opening remarks. Bangladesh Angels aims to play a critical role in the startup funding ecosystem by connecting angel investors with early-stage entrepreneurs. The network will identify suitable enterprises, support them in attracting funding, provide mentorship and provide transactional support to angels.

Key role

Angel investors, who are often experienced entrepreneurs themselves, are an important partner for startups and early stage companies which have limited access to traditional financing, such as banks. Angel investors play a key role by providing early stage investment, using flexible instruments and offering their own entrepreneurial knowledge and experience to guide young and growing companies.

Read a full article of the launch on the Future Startup website.

Find more information on the Bangladesh Angels on their website.