This appointment ensures Bangladesh’s inclusion to the largest forum of the world’s equity investment markets, opening the door for economic development
Kabul Mohammad Hasan, principal of Daffodil Polytechnic Institute (DPI), has been appointed as an international partner of the World Business Angels Investment Forum (WBAF) for Bangladesh. Through this, Bangladesh has joined the largest forum of the world's equity investment markets.
The inclusion of Bangladesh in WBAF provides a wide range of opportunities for Bangladesh's start-ups, scale-ups and high growth businesses and opens doors for economic development. Bangladesh will now be able to connect more with the global investors' market, which will open up opportunities for the country.
Now local Bangladeshi angel investors, incubation centres, accelerators, private equity funds, co-investment funds, technology parks, corporate ventures, and aspiring entrepreneurs will have more opportunities to connect with global leaders in the same field.
The announcement was made through a press release issued by the World Business Angels Investment Forum on September 4, 2020. Through this appointment, Kabul Mohammad Hasan will now represent Bangladesh at the grand assembly of the World Business Angels Investment Forum.
In the press release, Baybars Altuntas, chairman of the Board of Directors of the World Business Angels Investment Forum said, "As an affiliated partner of the G20 Global Partnerships for Financial Inclusion, WBAF supports start-ups, develops entrepreneurial ecosystems and helps venture capital and companies connect with international companies, fintechs and other relevant institutions."
"We are confident about our contribution to the economic development of the country by facilitating connections with entrepreneurial ecosystems. We strongly believe that Bangladesh will soon become a country that can foster the development of its economy in a more entrepreneurial atmosphere," she added.
As an affiliated partner of the G20 Global Partnership for Financial Inclusion, WBAF is committed to collaborating globally to empower the economic development of the world; by fostering innovative financial instruments for startups, scale-ups, innovators, entrepreneurs, and SMEs as well as promoting gender equality and women's participation in all sectors of the world economy.
WBAF accomplishes its mission through various parties and channels. These include: 138 high commissioners, senators and international partners from 79 countries; seven country offices on five continents; and the WBAF Business School with its more than 50 faculty members from 32 countries and five international working committees.
WBAF also has an angel investment fund, partnerships with 12 global institutions, and economic cooperation agreements with five governments.
The WBAF World Congress, held in February of each year, hosts at least five summits and numerous other events, including the Global Fundraising Stage and a World Excellence Awards ceremony.