A study of entrepreneurship in the Bangladesh area of Chatsworth

Abstract

This study focused on a feasibility analysis of establishing entrepreneurs in the Bangladesh area of Chatsworth. Ute purpose of the research was to investigate strategies that would enable the development and promotion of entrepreneurship in the area, The researcher has noted from experience, living in an area contiguous to Bangladesh, that there is a serious shortcoming with regard to-entrepreneurial skills among people in depressed communities. The researcher needed to consider strategies of empowering them to earn a decent living. This research project looked at the Bangladesh area, which is indeed a very poor region in Chatsworth. Moreover, -the statement of purpose was to examine theoretical constructs related to entrepreneurship which would enable and empower depressed communities to become economically self-sufficient. In addition, the key objective of the study was to undertake an empirical investigation in the area of Bangladesh to determine the needs of the community with respect to development of entrepreneurship and to make recommendations for the economic upliftment of the community. The findings suggest that the people in the Bangladesh area want to embrace entrepreneurship. However, their main concerns are accessto finance, education and training. The existing small businesses in the area need financial assistance to grow and the people who want to start businesses need to have access to affordable finance. The present Government policy is to encourage the development of entrepreneurship both at community level and in educational provision.