City Desk:
The British Asian Trust and SAJIDA Foundation co-hosted the inaugural Founders’ Forum of the Climate Innovation Fund (CIF) in Dhaka on Wednesday celebrating a cohort of grassroots innovators working at the intersection of community resilience and digital technology in the agriculture sector. Launched jointly in 2023, the Climate Innovation Fund was developed by the British Asian Trust and SAJIDA Foundation to identify and scale locally grounded solutions that strengthen climate resilience. Since its inception, the Fund has supported over eight enterprises, reaching over 5,595 farmers, with a target to reach 10,000 farmers, across 13 districts, with catalytic support from Prime Bank PLC, reports a press release.
The Fund has committed BDT 16.5 million (1.65 crore) to enterprises through two pathways – Venture Building for early-stage innovations and Catalytic Funding for more mature businesses.
