Promote entrepreneurs to become future business leaders

The entrepreneurship ecosystem in Bihar faces several challenges, including a lack of enablers such as accelerators, investors, mentors, and trust from banks.

This has led to a dearth of awareness and interest in innovation and entrepreneurship, limited access to capital, and inadequate infrastructure. Transforming an idea into a robust business requires tremendous vigor, creativity, ambition, and focus. Entrepreneurs see the world differently; their distinct way of thinking shapes the modern business landscape and is essential to drive economic growth and progress. IEA Bihar encourages youths to become employers instead of employees.

Encourage entrepreneurship through mentoring, incubation centers, and networking events

Solutions by IEA Bihar:-

• Implement initiatives to promote women's economic empowerment.
• Develop incubators and accelerators to support start-ups and entrepreneurs in Bihar.
• Encourage collaborations with all stake holders like NGOs, government organizations, and corporates to create opportunities for entrepreneurship and job creation.
• Introduce learning modules such as massive open online courses (MOOCs) to support entrepreneurship education.