Conditions

‘We are going to take this as an opportunity’: Student entrepreneurs say they are ‘coming together’ to tackle issues

In this excerpt from a student entrepreneurship essay, a young Indian entrepreneur, Rohit, says that his journey is different from the ones of others.

“I have been studying for my MBA in a private institution for the past three years and I have been looking for opportunities for the last two years.

I have also applied for employment in several companies,” Rohit says.

But, as he told the audience at the event, “It is not a common experience to find employment.

Most of the companies in my field do not hire any students.”

“We have decided to make it a reality by creating an entrepreneurship incubator in which we can share ideas, share experiences and build our companies,” he says.

This year, Roht has joined a startup called Birla-GoFundMe, which is looking for young entrepreneurs to start their own businesses.

“We want to be the incubator that helps young entrepreneurs who are struggling to find the right platform,” says the founder of Birlabugero, a crowdfunding platform, who is currently seeking to raise Rs 20 lakh to build their first product.

“If we do it right, we can help young entrepreneurs, young entrepreneurs from different backgrounds, who have no funding and no access to capital, get their idea off the ground,” he said.

According to a report by the NITI Aayog, more than 5,000 companies in the country have closed their doors due to lack of funding and job opportunities.

Entrepreneurship is a key industry to boost India’s economy and support the country’s middle class, according to the National Institute of Entrepreneurs (NII).

The country has been one of the fastest growing economies in the world in terms of growth, with more than 25 lakh entrepreneurs in the workforce.

According a recent report by NITU, over 1.5 lakh Indian entrepreneurs have launched companies in 2017.