Equity and Entrepreneurship Fund (EEF)
Equity and Entrepreneurship Fund (EEF) was created by the Government of People's Republic of Bangladesh in FY 2000-2001 with a view to encourage small & medium entrepreneurs to invest in the risky but otherwise promising sectors viz. software industry and food processing & agro-based industry. Since then, EEF has been playing an important role in generating employment for the young people and improving socio-economic condition of the country. Besides, EEF is contributing in meeting protein requirement of mass people, rural infrastructure development, de-centralization, women empowerment, digitalization and poverty alleviation.
Interested entrepreneur has to collect Expression of Interest (EOI) Form and submit the same to Bangladesh Bank/ICB (Submission on-line is under process). After acceptance of EOI, short-listed project's entrepreneur has to apply to any Bank/Financial Institution of the country to prepare Appraisal Report for onward submission to EEF Division, ICB for the purpose of sanction and subsequent disbursement. Among other activities, ICML is acting as an Appraisal Bank and provides consultancy services to those who are seeking financial assistance from EEF, thereby it (ICML) is also contributing towards the development of the country through this scheme.