DHAKA, Nov 04, 2025 (BSS) - The Institute of Cost and Management Accountants of Bangladesh (ICMAB) officially inaugurated the ICMAB Startup Incubation Center (ISIC), a pioneering initiative designed to cultivate a dynamic ecosystem of innovation and entrepreneurship. 

The launch event was held on Monday at the ICMA Bhaban in Nilkhet, Dhaka, marking a significant step in ICMAB's commitment to driving sustainable economic growth and technological advancement in the country, said a press release today.

The ceremony was inaugurated by the Chief Guest, Shish Haider Chowdhury, NDC, MCIPS (CS), Secretary of the ICT Division, Ministry of Posts, Telecommunication and Information Technology. 

In his inaugural address, Chowdhury commended ICMAB for its visionary leadership and emphasized the critical role of entrepreneurship and innovation in building the future economy of Bangladesh.

The event featured a distinguished gathering of professionals and thought leaders. 

Murtuza Zulkar Nain Noman, Project Director (Joint Secretary) of the Innovation Design & Entrepreneurship Academy at the Bangladesh Computer Council, attended as the Special Guest. 

Siddhartho Goshwami, Senior Consultant and Head of Operations at the ICT Division participated as a Resource Person.

The primary mission of the ICMAB Startup Incubation Center (ISIC) is to establish ICMAB as a national hub for tech-driven startups in the accounting and finance sectors that are aligned with the Sustainable Development Goals (SDGs). 

The center will focus on nurturing research-based, socially responsible, and sustainable enterprises, thereby contributing to national development, employment generation, and elevating the global standing of the CMA profession.

Mahtab Uddin Ahmed FCMA, President of ICMAB, stated, "The conventional way doesn't always work. To move forward, we must improvise and innovate new approaches that address the evolving needs of our nation. The ISIC marks just the beginning of this journey; we envision expanding the center further and continuing to contribute to fostering entrepreneurship, innovation, and sustainability that will shape a smarter, knowledge-driven Bangladesh."

Following the inauguration, a View Exchange Session was held, fostering dialogue among ICMAB members, students, and industry stakeholders. The session included a welcome address by Mohammed Salim FCMA, Council Member & Past President of ICMAB, and an engaging presentation by Siddhartho Goshwami on "Innovation and Entrepreneurship in the Digital Era." 

Mohammed Jahangir Alam FCMA, Council Member of ICMAB, shared valuable insights on integrating entrepreneurial thinking into the CMA profession to address emerging market challenges.

Both the Special Guest, Murtuza Zulkar Nain Noman, and Chief Guest, Shish Haider Chowdhury, praised ICMAB's strategic initiative, highlighting its alignment with the Government's vision for a "Smart Bangladesh" driven by innovation, creativity, and entrepreneurial spirit.

Md. Kausar Alam FCMA, Vice-President of ICMAB, delivered the closing remarks, expressing gratitude to all participants and underscoring the importance of sustained collaboration between academia, industry, and the government for the nation's sustainable development.