Finance Minister Amir Khasru Mahmud Chowdhury announced that there will be no political interference in Bangladesh’s financial sector or related economic areas. Speaking as chief guest at the launch of the Bangladesh Startup Investment Company (BSIC) at Hotel Radisson Blu on Tuesday, he said the institution will operate as a fully professional entity without political appointments or influence. He added that BSIC’s initial capital will expand over time, serving as both an investment firm and a platform to strengthen the country’s startup ecosystem.

The minister said the initiative addresses two major challenges for young entrepreneurs—lack of funding and inability to provide collateral. Investment decisions will be transparent, efficient, and professional. He linked the project to the government’s manifesto goal of creating employment for ten million people by leveraging the demographic dividend, particularly through the creative economy to engage rural and urban youth.

He noted that the government is advancing capital market reforms and has appointed skilled advisors for investment and market development. Several domestic banks have joined to form this venture capital initiative, which aims to attract international venture capital firms and open new horizons for Bangladesh’s economy.