As part of HSBC’s global commitment to supporting female entrepreneurs, HSBC has launched the ‘Female Entrepreneur Fund (FEF)’ in Bangladesh on Wednesday, in acknowledgment of the challenges that female-owned businesses face, a press release said.
The aim of the fund is to promote financial inclusivity for women entrepreneurs in Bangladesh by supporting financial literacy, networking, and financing.
Of HSBC’s clientele base – female led corporates, NGOs that help and promote female entrepreneurship, female led startups and some selected non-customer groups and individuals will be eligible to participate in the programme. Participants will benefit from access to HSBC’s extensive local and global networks, opportunity to learn and share knowledge among a cohort of female entrepreneurs and workshops and master classes designed for specific needs.
Kevin Green, Country Head of Wholesale Banking, HSBC Bangladesh said, “Finance has a pivotal role to play as a catalyst for change and, through programmes such as the Female Entrepreneur Fund, we are taking strides to bring financial independence and inclusivity to the communities that we operate in. This initiative will help us to connect our customers and communities with opportunities for growth”.
After a successful launch in 11 markets, Bangladesh joins a number of markets in Asia to the coverage of the programme.
