SME entrepreneurs can get a prize of $40,000 or about Tk49 lakh taka for coming up with an innovative idea of insurance to address financial risks. The ceremony was presided over by SME Foundation managing director Anwar Hossain Chowdhury, with Industries Secretary and SME Foundation chairperson Md Obaidur Rahman as chief guest. Anwar Hossain Chowdhury, managing director of SME Foundation, and Stephen Lillar, resident representative of UNDP, signed the MoU on behalf of SME Foundation. Applications can be made on the Facebook page and website of SME Foundation and UNDP to participate in this competition. The SME Foundation is implementing various programs to develop the SME sector through economic, social and environmental protection of the country.
Source: Dhaka Tribune January 15, 2026 13:20 UTC