The AEDSB Washington Seminar Series
Using Venture Capital and Investment Funds to Support SMEs and Community-Owned Enterprises in Bangladesh"
by Dr. Zia Ahmed, Chairman, Venture Investment Partners Bangladesh, Ltd.
When: Wednesday, December 10, 2008; 1.00pm to 2.30pm
Where: Room MC 9-100, The World Bank, 1818 H Street, N.W. Washington
Contacts: If you need a pass to attend the seminar, please contact one of the following:
Dr. Zia Ahmad will make a presentation on how he and his company the Venture Investment Partners Bangladesh, Ltd. (VIPB) have been using venture capital approaches to finance small and medium enterprises in Bangladesh and the opportunities they provide for investors especially for non-resident Bangladeshis (NRBs). He will discuss the experience of VIPB's new line of investment in community based private companies that mobilize local residents and local resources through private community-owned for-profit entities. VIPB has invested in four such community based companies in fisheries. Generally VIPB’s equity stake is 10% plus additional funding as quasi-equity, while the local residents own 80% of the equity shares in that company. VIPB is now planning to develop a “community based mini-dairy cum bio-energy and fertilizer enterprises” in rural Bangladesh adapting the experience of “AMUL” in India. He will also discuss the VIPB's experience of managing the growing indirect portfolio investment activities in Bangladesh and its plans to support investments in growth-oriented emerging companies as well as in securities of companies in the pre-IPO stage.
About the Presenter
Dr. Zia Ahmed is the Founder and Chairman of Venture Investment Partners Bangladesh Ltd. (VIPB). It is the first Venture Capital-type fund management company in Bangladesh with primary focus on Small and Medium Enterprises (www.vipblimited.