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A community of 'crowd funding' is brewing

Star Business Report
INTERNET is no more a communication tool; it has become a way of making money and is being used by millions across the world for business purposes. Bangladesh is also not lagging behind.
Within Dhaka's population of 16 million, an exciting community of 'crowd funding' is brewing and it is being led by a small group of people. By forging a startup community and with the power of internet, these people are out to prove that despite many problems, they are building new and exciting businesses.
But their stories are unknown to many. In an effort to bring their successful ventures to the limelight, an art film maker is producing a documentary on them.
"Working with the local startup community in the recent past, I was amazed by the talented young minds creating new businesses within the constraints of an emerging market. So I decided to bring their stories to life through this documentary so that people are inspired and encourage others to join," said Mustafiz Khan, the film maker.
"The concept of a formal or institutionalised crowd funding is not very familiar and so we decided to use this method for our film funding to popularise it locally," he said.
Crowd funding is, by definition, "the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the internet."
"We want to share their experiences with the world, and inform the world that there are
lots of exciting things happening in Dhaka, unlike the headlines that catch global attention for the wrong reasons. We want to show the future of Dhaka city through the lens of this brewing startup community," said Khan, also the founder and rebel leader at Startupdhaka.com and previously head of Brand Sponsorship Channels at HSBC Singapore.
"I am making this documentary for three reasons. Firstly, to tell the world that there are some amazing people working on some fantastic ideas right here in Dhaka. Secondly, to build a startup community and thirdly, to tell all local startups that Startup Dhaka is here to help."
He and his associates are also using 'crowd funding' to raise funds to make the documentary, styled "Startup Dhaka" that will cost $8,500.
They launched the fund raising campaign recently through Indiegogo (http://igg.me/at/StartupDhaka) , a global crowd funding site.
People who want to support the film individually or institutionally can contribute to this project by donating as little as $10 or less. The funding will remain open till October 31. One can also find more on the project at StartupDhaka.com or Facebook/Startupdhaka.
The documentary will be released in November, during the "Clobal Entrepreneurship Week" on YouTube and Channel i, a local television station.
It will also be copyright free, so anyone can use this documentary for personal use or share with others to promote the stories of possibilities.