The UNDP Bangladesh, in collaboration with the Federation of Bangladesh Chambers of Commerce and Industry Innovation & Research Centre (FBCCI-IRC), has launched the Green Startup Grant to support young innovators developing circular economy solutions in plastics. The initiative, supported by The Coca-Cola Foundation, provides financial and technical support to early-stage startups. Ten startups were selected to receive 5 lakh BDT to scale solutions such as renewable energy, recycling innovations, and eco-friendly consumer products. The launch took place during a high-level policy dialogue on “Circular Economy and SDG for Industry and Export Growth” in Dhaka.
Speakers emphasized the importance of transitioning to a circular economy to remain competitive, reduce import dependency, and attract clean investment. They also highlighted the need for stronger policies, fiscal incentives, and access to green finance to advance plastics circularity. The event featured a panel discussion, where participants emphasized the importance of collaboration among government, industry, entrepreneurs, and development partners to scale innovations and secure Bangladesh’s leadership in sustainable, export-driven growth. The initiative aims to support Bangladesh’s transition to a circular economy and drive export growth.