WE SET FOUNDERS UP FOR SUCCESS

We fund Bangladesh’s most promising founders, hone their leadership capabilities, strengthen their business acumen, and help validate their big ideas as they transition into investable business.

WHAT WE DO

For over a decade, we have taught leadership to more than five thousand of Bangladesh’s most promising young women and men. Having mentored many of them who have gone on to launch their own companies, we have seen firsthand the challenges startups face in their early stages.

We created BYLC Ventures to help passionate young founders get kick-started with their big ideas. We do this by providing technical support to validate a product or solution and seed funding to go fast to market. We also provide a set of acceleration support including a plug-and-play commercial space to work from, customized business training led by successful CEO-turned-mentors, and a suite of professional support such as legal, accounting, and corporate governance.

We aim to invest, together with local angels and institutional investors, in at least 20 startups every year. 

OUR APPROACH

Ventures Bootcamp

The rigorous selection bootcamp offers training on team building, product and market validation, and financial and legal framework.  

Accelerator training

The world-class business accelerator training, led by industry experts, offers training on strategies and best entrepreneurship practices from top leaders around the world.  

Support beyond money

At BYLC Ventures, in addition to funding, we offer our portfolio founders access to business and professional networks that are a necessity to operate and scale a business in Bangladesh.

A FOUNDER FOCUSED ACCELERATOR

Founder-focused curriculum

Leadership development

Sales-focused pitch clinics

Brutally honest feedback

Virtual CFO

Legal support

One-on-one mentoring

Mentor matching

HOW TO GET INTO BYLC VENTURES

Your entry to BYLC Ventures is through the BYLC Ventures Bootcamp. We receive hundreds of applications for evaluation in each cohort and shortlist the top teams from the online applications for an intense bootcamp where we will get to know the founders and their business strategies better. The strength of the team, business viability, and scalability are used to evaluate the founders. 

OUR PORTFOLIO

STORIES OF FOUNDERS

OUR TEAM

Rafiqul Alam Khan

Team Lead
BYLC Ventures

Md Tazul Islam

Investment Specialist
BYLC Ventures

Taslima Mozumder

Senior Executive
BYLC Ventures

PARTNERS

SUPPORTED BY

FAQs

No, it does not cost anything to apply to BYLC Ventures. If you are selected, then you will have to participate in the next stages, which is the BYLC Ventures bootcamp. 

BYLC Ventures will absorb most of the costs associated with the accelerator program. However, there will be a fee of BDT 2,00,000 to cover costs of company formation, legal fees for company secretarial support, leadership coaching, and a virtual CFO. This amount will be deducted from the BDT 800,000 awarded to the winning startups.

We believe that social impact and profitability are not necessarily mutually exclusive. BYLC Ventures is looking for entrepreneurs who have creative ways of addressing socio-economic challenges through business acumen. 

We are a sector-agnostic, early stage accelerator program. However, we will give preference to businesses that have shown some traction in the market.

Selected startups will get in-house mentoring and networking support along with a seed funding of BDT 800,000 with the option of BDT 1,500,000 as additional scale-up funding, as well as a fully furnished co-working space for one year in Dhaka, access to a world-class business accelerator curriculum, connection to investors, full legal and financial support, and rigorous leadership training.

We receive and process applications from all over Bangladesh. Regardless of their base of operations, the founders of the winning teams will have to attend the accelerator program at BYLC premises at 28 Mokhakhali C/A, Dhaka. The co-working space is also located at the same venue.

The application for the sixth cohort of BYLC Ventures begins from July 15, 2023 where the most promising business ideas will be chosen from a large number of applications. Through rigorous assessments, 50 of the most promising ideas will be selected to attend the BYLC Ventures Bootcamp in September 2023. Based on the performance of the bootcamp, up to 6 companies will be able to secure a place in our accelerator program beginning from October 2023.

At least two co-founders must be present in each session. Co-founders need to be present for at least 10 hours per week. Our curriculum and mentoring is customized based on the learning needs of each cohort. Therefore, missing out on the sessions will mean that the essential teaching of the program has not been imparted to the people running the business.

BYLC VENTURES
Level 11 & 12, Medona Tower
28 Mohakhali C/A, Dhaka 1213

CONTACT US
ventures@bylc.org

@2024 Bangladesh Youth Leadership Center • All rights reserved