Last year, when Bihar announced its Startup Policy as well as a Rs 500 crore fund for startups, it not only took a leap forward but also joined the list of Indian states that have launched a startup policy and a fund for entrepreneurs. Since then, things have been moving in the right direction.
Aligned with the Prime Minister’s Make in India campaign, the state is encouraging and boosting entrepreneurs to Make in Bihar and push the mantle for an ‘Enterprising Bihar’. The Bihar Entrepreneurs Association (BEA) too has kept the focus on Enterprising Bihar in its annual flagship event, the Bihar Entrepreneurship Summit (BES), to be held on 21st and 22nd March.
“Youth in the last couple of years have taken the initiative through technology-based startups or non-tech startups in agriculture or food processing and understood the big market they have in the state’s 12 crore population. That is almost six times the total population of Australia,” says Abhishek Kumar, Chief Strategic Advisor for Entrepreneurs Association of India (EAI) and the Secretary General of BEA.
Bihar Entrepreneurs Association
Founded in 2011 by young entrepreneurs from Bihar including the alumni of top institutions such as IIM, IIT, CFA and CA, and boasting 13,000 members, the BEA works under the guidance of the Bihar government and in collaboration with the state’s Department of Industries. This year, BEA has roped in EAI and 27 national and international partners and institutions to showcase technological products and services.
The aim is also to bring entrepreneurs from…