2010

Entreprepreneurial development Program of DCCI

Submitted to: H.M.Habibur Rahman Professor Department of Finance University of Dhaka

[ASSIGNMENT]
Submission Date:- 05/12/2010
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Submitted by: group-

Sl No. 01 02 03 04 05
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Name Moriom Akter Tamanna Afrin Mitul Rowson Akter Tahmina Haque Esrat Jahan

ID No. 14-045 14-071 14-083 14-097 14-061

Dhaka Chamber of Commerce & Industry (DCCI)

DCCI, the largest and most active Chamber of the country, established in 1958 , was incorporated under the companies Act, V11 of 1913 as a limited company on March 10, 1959. It serves as a model of non-profit, service-oriented organization. It works as media Between its member and problem solving institution. It has rendered more than four decades of very useful services for the development of business and industry in Bangladesh. It has four classes of membership: General, Associate, Town Association and Trade Group. The Chamber is run by a Board of twenty-four Directors representing all classes of membership. One third of the Directors retire every year. A President, a Senior Vice-President and a Vice-President are elected by the Board for a term of one year. The President is the Chief Executive of the Chamber. The Board of Directors is assisted by a number of Standing Committees on various important business-related subjects and by a full fledged Secretariat. Its function is very relevant to the innovators business community. Both local and foreign entrepreneurs come to the DCCI with request of services they need-they are unaware of the other services that the DCCI offers. Dhaka Chamber of Commerce and Industry(DCCI) is the premier Chamber of Bangladesh having more than 4500 members. They consist of different business sectors of the country represented by mostly SMEs. From the very inception DCCI has been rendering useful services for the development of private sector business and industry in Bangladesh. DCCI puts forward its suggestions and recommendations to the Government of Bangladesh on all policy matters, such as industrial policy import policy, export policy, fiscal policy, annual budget and many other business-related policies. DCCI represents in about 70 government, semi-government and autonomous bodies for promotion and development of private sector of Bangladesh. Mission & vision of DCCI:MISSION & VISION of DCCI IN SERVING ITS MEMBERS PARTICULARLY SMEs

To provide Counseling, Advisory and Consultancy Services

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To assist in:

Business Matching services. Subcontracting and Franchising. Documentation Processing etc. To conduct need-based training & orientation courses. To extend logistic services like Fax, Phone, Telex, E-mail, Photocopy, Internet fax, Conference facility etc. To issue Certificate of Origin of export consignments. To undertake settlement of trade disputes by arbitration.

Functions of the DCCI The basic functions of the DCCI relate to promotion and development of trade, commerce and industry. Some of these are: to give market oriented inputs for formulation and implementation of government policies in respect of import, export, industry, investment, banking, insurance, fiscal measures, annual budget etc. and brief materials for conferences relating to WTO, UNCTAD, SAPTA, SAFTA, BIMST-EC etc; to represent trade, commerce and industry on various advisory or consultative committees at different Ministries and Departments of the Governments; to give views and comments on legislative measures affecting trade, commerce and industry; to function as a forum for exchanging views on trade and economy among different Chamber members, Government agencies, DCCI members and local/foreign delegations; to issue Certificate of Origin (CO) and authenticate documents for promotion of exports; to disseminate business information to members by Electronic Communication, Fortnightly Trade Bulletin, DCCI Monthly Review, Circulars, Notifications, Statistical data etc; to organize training courses, seminars/ workshops/symposia, trade delegations, trade fairs to participle in them at home and abroad and to receive delegations from abroad;

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to undertake activities like survey, research etc. to suggest for favorable business related policies; to prepare Economic Policy Papers (EPPs) for conducting policy advocacy for the benefit of the business sector; to prepare position papers, fact sheet on different business issues to lobby with the Government; to sign Memorandum of Understandings (MOUs) with overseas Chambers of Commerce and Industries and other business organizations for promotion of bilateral trade and investment; to prepare, implement and evaluate projects for entrepreneurship development and other trade related matters and to develop business through internet/web page of its own.

Entrepreneurship development Program:DCCI Business Award:o DCCI introduced DCCI Business Award for encouraging women, young, new and innovative entrepreneurs which was highly appreciated by all. DCCI Business Institute (DBI):o It imparts Training for development of entrepreneurs and business executives. It offers Certificate, Advanced Certificate and Diploma courses on International Purchasing and Supply Chain Management (IPSCM), as an Authorized Examination Body of ITC- UNCTAD WTO, Geneva and holds examinations. Recently introduced EMBA programme in its premises of Motijheel Commercial Area in cooperation with IIUC. DCCI knowledge Centre:o It was established in cooperation with South Asia Enterprise Development Facility (SEDF), provides internet based Internet training and service to SMEs, students, NGOs and other services providers. Trade Fairs o To showcase the Bangladeshi products in the global market, DCCI participates in Dhaka International Trade Fair(DITF) and Kunming International Import & Export Commodities Fair, China as organizing partner. International
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Trade Fairs are platforms for the entrepreneurs to exhibit their products, Besides, one to one business meetings and business match making sessions are organized during the fairs to accelerate trade.

Intellectual Exchange:o National and International business conferences and seminars are organized and participated by DCCI to exchange views, ideas and expertise on sectors of business interest. Workshops and training sessions undertaken by DCCI helps the business community to update themselves with contemporary global standard and emerging trends. Decision makers, thinkers, influencers and policy makers often brought together by DCCI produce instant solution to unresolved confusions and communication gaps resulting in common welfare of the national economy. Policy advocacy o It is the primary activities of the chamber. The representatives of DCCI in committee of many national and government organizations raise the voices of private sector in order to create business friendly environment for economic development of the country. SME-HelpLine Centre (Online- Based) 1. Dhaka Chamber of Commerce and Industry (DCCI) in cooperation with Ministry of Industries (MOI), GoB has established the SME Helpline Centre (SME-HC) in the DCCI to provide better services to the Small and Medium Enterprises (SMEs). 2. Key objective of the SME-HC is to provide necessary assistance and advisory support services and facilitate SMEs access to get government services, laws, rules & regulations, registration and licensing requirements etc. 3. Dhaka Chamber of Commerce and Industry (DCCI) in cooperation with Ministry of Industries (MOI), GoB has established the SME Helpline Centre (SME-HC) in the DCCI to provide better services to the Small and Medium Enterprises (SMEs). 4. Key objective of the SME-HC is to provide necessary assistance and advisory support services and facilitate SMEs access to get government services, laws, rules & regulations, registration and licensing requirements etc. Services: to maintain close contact with SME Foundation (SMEF), other SME supporting organizations and 26 SME HCs to share information stocks;
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to provide necessary linkages with sources of technology; to aware about SME Web Portal and utilize its resources; to organize training workshops, seminars, dialogues etc. to provide electronic information on different SME related issues, facility for advertisement of SMEs products, buyer-seller meet, trade fairs etc.; to provide assistances with advisory, documentary and support services; to prepare required research-based publications and disseminate the same.

Other Assistance:DCCI in its endeavor to accelerate the pace of development of Bangladesh organizes on regular basis seminar, symposium, round table discussion, training and workshops; takes part in trade fairs and exhibitions; receives & sends delegation; implements various useful projects, arranges one to one business meetings with the delegates of different countries for trade and investment promotion.

Achievement from start to today:DCCI Wins Prestigious 2007 World Chambers Competition Award Dhaka Chamber of Commerce & Industry (DCCI) has reached an exalted position by achieving high-status "2007 World Chambers Competition" Award in the category of Best Skills Development Program organized by World Chambers Federation-ICC's Specialized Division for Chamber Affairs co-organized with the Union of Chamber & Commodity Exchanges of Turkey (TOBB). The competition was held in Istanbul, Turkey during 5th World Chambers Congress 4-6 July, 2007. DCCI received Certificate of Achievement in the 2nd Local Chamber Awards (Large Chamber Category) as finalist by CACCI (Confederation of Asia Pacific Chamber of Commerce & Industry. They are rewarded as 4th on the Big Chamber category from 6 Asian selected chambers. They received award on the consideration of below factors:1.Responsibility to members. 2.policy advocacy.
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3.trainning program . 4.social responsibility 5.Employment increasing. 6.Trade & investment facilitate. Contribution on GDP Since 1999 under its DCCI-CIPE project, DCCI has prepared research-based 38 policy papers on different trade related issues and submitted them to the government for appropriate policy formation for creating a private sector friendly investment climate in the country. Many of the recommendations of these policy papers have been accepted and implemented. The growth of GDP by 6.71% in 2005-06 is a testimony to this development.
DCCI is awarded ISO 9001: 2008 Certificate for Quality Management Systems Dhaka Chamber of Commerce & Industry (DCCI) has recently been awarded with ISO 9001:2008 certificate by Australian ISO certification body, SAI GLOBAL, an ASX top 300 Company having offices in over 95 countries in the world. Tax Card :They proposed to govt to provide tax card among the last 5 years highest tax payers. By this govt can increase tax revenue and tax payers also will get especial benefit from financial Institutions, educational institutions, Transportations and other services, hotel & restaurents,shopping centers, Airlines charges/Ticket Reservations and hospitals. This proposal also passed by govt cabinet minister.

PROBLEMS FACED BY DCCI:1. Lack of human resources: to provide effective and efficient services to members they need more human resources than they have. 2. Cant solve all problems of the members:- Sometimes its members came with some personal problems. They dont or cant solve that problems. 3. Govt doesnt assist all the sectors. 4. Lack of cooperation from the govt. 5. Financial support schemes 6. Lack of Technology and training; 7. Rule of external development institution( meaning donors and foreign chambers)

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Future Program 1.Bangladesh 2030: Strategy for growth:largest economics within next 20 years. Here ideas are given to advance Bangladesh to become one of the 30th

2.Training for Monga affected people:- To increase life standard of Monga affected people they will provide training
to people how they will become self-dependent ands can work outside the country.

Conclution:DCCI provides three types of assistance. 1. Stimulatory assistace. 2. Supportive assistace. 3. Sustaining assistance. In stimulatory assistance DCCI helps entrepreneur to identify their entrepreneur quality and motivate them to take innatiative to start a business by arranging different seminars. In supportive assistance it helps entrepreneur by providing information of business venture land, labor and capital.though it does not provide financial assistance but it helps entrepreneur especially SME or small investors in taking loans from financial institutions by teaching them the procedures of taking loan from bank. In sustaining assistance it helps an entrepreneur to solve market problem by presenting his problem to respactive authority. So it can be said that DCCI helps in our country to develop entrepreneurs and help them to run their business.

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