India Promotes Entrepreneurship in Africa

India is doing work to promote entrepreneurship in Africa:

These exclusive centres devoted to entrepreneurship development would work towards:

•Identifying entrepreneurial potential

•Aiding development to facilitate setting up of small ventures

•Eradicating limiting constraints such as information asymmetry, knowledge gaps or fear of failure, which affect large parts of the population

•Motivating the young generation to consider self-employment and entrepreneurship as a career

•Contributing significantly to improving the health of existing enterprises through counselling and training interventions.

•Organizing courses for support systems like banks and industry promotion agencies, planners and policy-makers to create a fostering environment for the establishment of small and medium enterprises

•Ensuring sustainability of the project by organizing Trainers’ Training Programs who could in turn organize entrepreneurship development programs and extend out-reach of the program.