The purpose of the study is to find out the relationship between intellectual capital (i.e. human capital structural capital and customer capital) and organizational progression in the food manufacturing and service area of Bangladesh. Today’s economy is recognized as information based economy wherever, knowledge, and pliable assets have considered as valuable as the physical assets. The research have been conducted a survey of 120 different level managers and workers of the food manufacturing and service sector in Mirpur area. The researches have been following some objectives which include,- human capital Structural capital and customer capital which infiuence the progression in the organization. Data have been collected using a prepared questionnaire based on five point Likert scale. To test the hypotheses of the study some statistical analyses have been peJorined These are- Pearson correlations, reliability test Cronbach’s alpha and Multiple Regression Analysis. The SPSS statistical software 23.0 versions and MS. Excel have been used to perform these statistical analyses. The study of the data finds out that intellectual capital which has a positive infiuence on the progression of organization. In intellectual capital components, human capital was the most prominent factor with correlation coe]ficient of!!.d°Xo.