Page 1 - EDII Report 130

Entrepreneurship is for Everyone :
Expanding the Horizon of Opportunities
ndia is a young nation; it prides on its demographic dividend. The country’s youths are
passionate about innovation and entrepreneurship. No wonder, India is scaling up the ladder
Iwith aspirations to reach the top-most position in terms of its start-up ecosystem, from the
uilding a strong ecosystem for nurturing innovations and startups in the nation, was felt as a
present 3rd in the world. The world over, youths are being encouraged to adopt innovation,
strong need for overall growth. Given the thrust that followed in terms of conducive policies,
enterprise building and sustainable development. One such event which celebrates this aspiration
Bregulations and opportunities, India is today the third-largest startup hub in the world.
is the Global Entrepreneurship Week (GEW), which originated in 2008. The week marks the
We are certainly witnessing a new India, where a new generation of innovators are stepping forth, sure
significance of promoting Small and Medium Enterprises (SMEs) to ensure that indigenous
about succeeding but ready to accept failure. They are learning from failures and quickly getting on to
resources are harnessed, innovations are promoted, creativity is triggered and employment
the next step with improvements or new ideas. This positive, risk-taking and growth-oriented mind set
opportunities are generated.
fosters an environment where entrepreneurship thrives.

Getting ‘Started’ for New Beginnings Getting ‘Started’ for New Beginnings

uilding a strong ecosystem for nurturing innovations and startups in the nation, was felt as a
strong need for overall growth. Given the thrust that followed in terms of conducive policies,
Bregulations and opportunities, India is today the third-largest startup hub in the world.

We are certainly witnessing a new India, where a new generation of innovators are stepping forth, sure
about succeeding but ready to accept failure. They are learning from failures and quickly getting on to
the next step with improvements or new ideas. This positive, risk-taking and growth-oriented mind set
fosters an environment where entrepreneurship thrives.

EDII Reports 130 | Issue V | Dec 2024 - Jan 2025