Community Bank Bangladesh PLC. Partners with North South University to Empower Startups
Community Bank Bangladesh PLC. and North South University (NSU) have recently signed a Memorandum of Understanding (MoU) to collaborate in supporting NSU Startup Next – one of the country’s leading university-run incubators.
Under this partnership, Community Bank Bangladesh PLC. will act as the Banking and mentoring partner for Startup Next incubatees. The Bank will provide tailored banking and cash management solutions while extending mentorship support to young entrepreneurs.
It is noteworthy that this mentorship initiative will be executed through the Community Bank Startup Incubator, the first bank-run incubator for startups in Bangladesh. This initiative reflects Community Bank’s strong commitment to fostering innovation and contributing to the growth of Bangladesh’s startup ecosystem.
The MoU was exchanged between Professor Abdul Hannan Chowdhury, Vice Chancellor, North South University (and Chairman, Grameen Bank), and Mr. Kimiwa Saddat, Managing Director (Current Charge), Community Bank Bangladesh PLC.
The signing ceremony was attended by distinguished representatives from both institutions, including Dr. AKM Waresul Karim, Dean, School of Business and Economics, North South University; Samuel Mursalin, Director, NSU Startups Next; Dr. Md. Ariful Islam, Head of Corporate Banking and Head of Business (Branch),Community Bank PLC; and Md. Mamun Ur Rahman, Head of ADC & MD’s Coordination Team, Community Bank PLC.
Speaking on the occasion, Mr. Kimiwa Saddat stated: “Community Bank is proud to partner with North South University in shaping the next generation of entrepreneurs. Through our Startup Incubator and banking expertise, we are committed to providing startups with the financial tools, mentorship, and confidence they need to thrive.”
Professor Abdul Hannan Chowdhury added: “This collaboration with Community Bank opens new opportunities for our students and startup founders. By combining academic knowledge, innovation, and professional banking support, we aim to strengthen Bangladesh’s startup ecosystem.”
This partnership signifies a milestone in university–industry collaboration and underscores the shared vision of both institutions to nurture entrepreneurship, innovation, and sustainable business growth in Bangladesh.