Winrock and BD Venture Capital sign MoU to cooperate on agro-technology

Winrock and BD Venture Capital sign MoU to cooperate on agro-technology

Winrock International and Bangladesh Venture Capital Ltd. have agreed to cooperate with a goal to improve the identification and scale-up of agricultural technologies in Bangladesh. 

To achieve this common goal both the parties signed an MoU on Monday, said a press release. 

Md. Maksudur Rahman, Country Director, Bangladesh, USAID Feed the Future Asia innovative Farmers Project signed on behalf of Winrock International while Golam Monowar Kamal, Managing Director signed on behalf of Bangladesh Venture Capital Limited.

Esteemed innovators, investors and other distinguished guests from different universities, research institutes, media participated in the event. It is hoped that this collaborative initiative will accelerate technological innovation and adoption in agriculture sector, improve the farmers’ life and therefore contribute in building better Bangladesh, said the press release.

Winrock International through its USAID Feed the Future Asia innovative ‘Farmers Project’ is working to transform the lives of farmers by facilitating a regional ecosystem that fosters new technology, partnerships, and innovative practices in South and Southeast Asia’s emerging markets with a focus on Cambodia, Bangladesh, and Nepal.

Bangladesh Venture Capital Limited (BVCL) is a platform that connects entrepreneurs and investors. It is so formed to provide early stage funds for the new business ventures. It aims to make an investment eco-system for the start-ups, based in Bangladesh fostering a healthy economic culture for all the stakeholders, the release added.