![]() ![]() By 2022, we will see 250 million joining the workforce and its imperative that we create the job opportunities for them. There is an urgent need to focus on these millions of SMEs that are creating employment opportunities. We now are broadening our scope and plan to expand our offerings to a much wider audience of entrepreneurs and small and medium enterprises (SMEs) in India in the coming years. It ignores the importance of the millions of small and medium businesses, even though they are the ones creating a majority of employment opportunities in most countries.Īt the Wadhwani Foundation’s National Entrepreneurship Network (NEN), the last 12 years have been spent equipping India’s top educational institutions in teaching entrepreneurship to young students and encouraging them to aspire to start companies, technology related or otherwise. It also results in bad policies by the government. Why is this important? It is important because such misconceptions results in setting unfair expectations in the minds of young entrepreneurs. Or that a new business should be massively scalable to be relevant or successful. Or that venture capital funding is an important milestone to be a successful entrepreneur. ![]() A misconception that entrepreneurship means new technologies or that one needs to be a techie to be an entrepreneur. The stories of newly minted overnight billionaires from Silicon Valley, while certainly inspiring, limits the nuances of entrepreneurship.
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