IFIC Bank in association with the daily Samakal will honour business entities for their contribution to the country's economy.
Local entrepreneurs will get the 'IFIC Bank-Samakal Business Award' in four categories while a veteran business person will get lifetime achievement accolade.
International Finance Investment and Commerce Bank Limited, a private commercial bank, and the Bengali daily launched the first edition of the award at a press conference at a city hotel on Wednesday.
Former Governor of Bangladesh Bank Dr Mohammed Farashuddin, Managing Director and Chief Executive Officer (CEO) of IFIC Bank M Shah Alam Sarwar and Executive Editor of Samakal Mustafiz Shafi attended the conference, among others.
Dr Farashuddin will lead a 10-member jury board to select the winners based on their activities in the last fiscal year 2017-18, the press conference was told.
Speaking on the occasion, Dr Farashuddin said the entrepreneurs continued to play a vital role for the country's economic growth.
The entrepreneurs along with wage earners and farmers have accomplished the daunting task with continued efforts, said the former central banker.
The award will be a source of enormous inspiration for the entrepreneurs to do more for the country, he said.
In his speech, M Shah Alam Sarwar said that as a first generation bank, the IFIC Bank has been supporting many good initiatives.
Echoing the same tone, Mustafiz Shafi said the business award has been launched in accordance with the Bengali daily's effort to develop various aspects of the society.
Wishing the award to become a prestigious accolade for the country's businesses, he said that the jury board consisting of some finest dignitaries will independently select the winners.
The press conference was told that the entrepreneurs will be awarded in four categories, namely-the best large-scale industry entrepreneurship of the year, best female entrepreneur of the year, emerging youth entrepreneur and best SME entrepreneurship.
The interested businesses will have to apply for the nomination by filling up application form, to be collected from Samakal office or from web address http:/www.samakal.com/businessaward2018.
Application submission will come to an end on coming September 1.
The jury board will select an eminent business person for lifetime achievement, who need not to apply for this.
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