Business Desk :
Speakers at a webinar laid emphasis on learning the right processes and proper channels to avail the stimulus packages offered by the government amid the coronavirus fallout.
The webinar was held on 24 October with a view to creating awareness and prepare women entrepreneurs in accessing the financial packages declared by the government to build their resilience in overcoming the challenges caused by the global pandemic.
BRAC Bank, in association with the ITC SheTrades Commonwealth project, arranged the webinar for women entrepreneurs on access to fiscal stimulus packages in response to the Covid-19 pandemic.
International Trade Centre (ITC), a joint agency of the World Trade Organization and the United Nations, organized the webinar. The ITC SheTrades Commonwealth (STC) project – which is funded by the Foreign, Commonwealth and Development Office (FCDO), invited the women-owned SMEs for the webinar through registration.
BRAC Bank’s senior manager of business transformation in the SME division, Shajed AL Haque, and Head of TARA, Mehruba Reza, were among the resource persons of the webinar.
The speakers highlighted how the Covid-19 pandemic has forced entrepreneurs, especially women, to face many new challenges, and obligated them into a severe liquidity crisis.
As the government has offered several stimulus packages for different industries and businesses to seize the economic crisis, it is crucial to learn the right processes and proper channels to avail them during this challenging time, they said.
The speakers also discussed how women could take leverage of TARA, a women banking initiative by BRAC Bank, to obtain more inclusive access to finance.
BRAC Bank was recently named the Access to Finance Champion by the Financial Alliance for Women for championing the Women’s Economy agenda through TARA. Collaboration with ITC will further support the bank to achieve its objectives in empowering the women.
