Entrepreneurs urged to invest in food sector for addressing malnutrition

Speakers at a programme called on entrepreneurs to invest in the food sector for addressing malnutrition, which poses a major challenge to the country’s development and health sectors.

Nutrient deficiency, which is endemic, caused huge losses in health and economic sectors. Small and Medium Enterprises (SMEs) with nutrition approach should come forward to address the issue. There are about 25 million SMEs in the country. They can play a vital role, they said.  

They made the remarks while addressing the grand finale of Bangladesh NutriStar, Nutrition Innovation Challenge, at the Hotel Radisson Blu in the capital on Thursday, March 5. At the event, 10 shortlisted SMEs pitched their business ideas. Three of the SMEs---Feed Me, Khamare, and Saco Enterprise—received 1st, 2nd and 3rd awards respectively for their best innovation at the competition.  

NutriStar, part of the SUN Pitch Competition 2019-20, was organized by the SUN Business Network Bangladesh, in collaboration with The Global Alliance for Improved Nutrition (GAIN), World Food Programme (WFP), the Ministry of Industries and Light Castle Partners. 

The 1st place holder, Feed Me, will get the opportunity to take part in the Global SUN Pitch Competition 2020, which will take place later this year in Singapore.  Md. Habibur Rahman Khan, additional secretary of Ministry of Health and Family Welfare, attended as the chief guest at the programme.

Chaired by Luthfun Nahar Begum, additional secretary of Industries Ministry, Mirza Nurul Gani Shovon, president, National Association of Small and Cottage Industries Bangladesh, Alpha Bah, deputy country director, World Food Programme, Dr. Rudaba Khondker, country director, GAIN, Dr. Shah Newaz, director general of Bangladesh National Nutrition Council, among others, spoke at the event.