NCC Bank launches entrepreneurship development programme in Mymensingh

NCC Bank PLC, in collaboration with Bangladesh Bank, has launched a month-long entrepreneurship development programme (EDP) in Mymensingh to create new entrepreneurs and accelerate inclusive economic growth.

The initiative is part of the government's Skills for Industry Competitiveness and Innovation Programme (SICIP), funded by the Asian Development Bank (ADB), according to a press release.

The programme was inaugurated by Mohammad Kawsar Matin, executive director of Bangladesh Bank's Mymensingh office, as chief guest. The event was presided over by Sharif Mohammad Mahsin, senior vice-president and head of SME at NCC Bank. Senior officials from Bangladesh Bank and NCC Bank, including Md Nazrul Islam, additional director and SICIP project director, and Md Ayub Ali, joint director and SICIP deputy programme director, were also present.

As the designated financial partner for Mymensingh, NCC Bank has selected 25 entrepreneurs to undergo a 100-hour structured training programme. The participants will receive practical knowledge, business management skills, and guidance on accessing financial resources to expand both new and existing ventures.

The training also aims to improve access to finance, generate employment opportunities, and bring individuals outside the formal banking system into financial inclusion.

Speakers at the event said such initiatives would help foster entrepreneurship and contribute to the country's socio-economic development.