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The young entrepreneurs start their small ventures with limited resources but they can become large
companies in future, if they get proper support and assistance from government, banks and other
stakeholders. The success of a business depends on many factors other than education, knowledge and
experience. Adequate capital, financial support, market access and innovative ideas are required to utilise
global business opportunities.
The manufacturing and service enterprises play a very important role and make commendable
contribution for the development of the Nation and are the drivers of the economy. They provide
employment opportunities, train, educate and convert unskilled workforce into skilled ones, adopt and
exchange new ideas, concepts, technology and innovations for the growth of their business. There are also
many government schemes and incentives available to the entrepreneurs. Many young entrepreneurs have
technical knowledge about their business but usually are not capable to get finance from Banks and
Financial Institutions due to insufficient exposure to financial management. Employing latest technology to
produce quality products at competitive prices is very much necessary to survive and grow, besides
constantly upgrading skills and knowledge.
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