Innovation
Call For Entrepreneurship
In the present world, India definitely needs more entrepreneurs to capture the rising possibilities of business development in India. Promoting Entrepreneurship means encouraging people to be self-reliant in taking economic decisions and creating wealth and employment. Entrepreneurs, startups, investors and internet penetration are the four fundamental pillars of any startup ecosystem around the world. Fortunately, India is growing positively on all four fronts.
Vital For Entrepreneurs
Entrepreneurs need more diversified, localised funding at the initial stage. The key problem for entrepreneurs seems to be less about the availability of funding and more about finding the right type of funding.
Indian entrepreneurs need more access to training and mentorship. Venture capitalists in India choose to only finance expansion of existing businesses, rather than funding a start-up from scratch.
India’s lack of entrepreneurship is due to its culture. It’s not the lack of money, or the burgeoning population, or poor governance – that result in a dearth of entrepreneurship or lack of innovation.