(BSS) - Special Assistant to the Chief Adviser on Posts, Telecommunications and Information Technology, Faiz Ahmad Taiyeb, has called on startups to take full advantage of the modern Free Co-Working Space facilities to accelerate innovation and entrepreneurship in Bangladesh.

"Following the implementation of the new co-working space policy, the iDEA project has gained strong momentum," Taiyeb said, emphasizing the government`s commitment to empowering young entrepreneurs.

Under the Innovation and Entrepreneurship Development Academy (iDEA) project, run by the Bangladesh Computer Council (BCC) under the ICT Division, a new initiative has been launched to strengthen the management and effectiveness of co-working spaces nationwide.

Taiyeb directed officials to revoke allocations from irregular startups and ensure fair and transparent opportunities for promising new ventures to utilize the state-of-the-art facilities.

So far, the special committee has held six meetings, allocating 33 out of 51 desks, with the application process for the remaining 18 desks currently ongoing. New allocations will be made swiftly after evaluation.

Located in Agargaon, Dhaka, the co-working space offers startups six months of free office facilities, high-speed internet, meeting and conference rooms, corporate networking opportunities, and access to the Idea Lab.

The entire application and allocation process is conducted online via idea.gov.bd

Eligible applicants must submit a trade license or BIN, TIN certificate, founder`s NID or passport, and any relevant agreements. Only ICT-based innovative startups are eligible to apply.

The iDEA Project offers free co-working space facilities for startups and entrepreneurs. This modern and well-equipped space provides an innovative environment to help startups to grow and collaborate.