Entrepreneurship Development Research Center
In recent years, entrepreneurship education and training programs have proliferated to support women entrepreneurs’ potential and promote entrepreneurial skills and attitudes. Micro, small and medium enterprises are well recognized as critical pillars of economic growth and an important source of employment for disadvantaged community groups especially women. Creation of employment opportunities through supporting innovation and entrepreneurship are linked with four Sustainable Development Goals (SDGs 5, 8, 10 and 17).
In Bangladesh, the share of formal, small and medium enterprises is still extremely low, compared to other Asian regions. While the number of such programs continues to expand worldwide and in Bangladesh, the impact is still negligible.
To support entrepreneurship and innovation there is a need to design programs for specialized skills, develop strategic tools, and administer training programs and workshops on integrated learning methods for potential entrepreneurs so that they can launch and manage new ventures. Entrepreneurship Development Research Centre (EDRC ) at ZNRF University of Management Sciences works as a facilitating platform to build partnerships with government, industry, and financial institutions and explore opportunities for potential entrepreneurs.
EDRC’s accelerator program provides co-working space, connections, mentorship and expertise to accelerate the enterprise. At EDRC, we create an outlet for creative talent to collaborate together and take ideas to market. For early stage entrepreneurship and innovation, we also offer regular events, free mentoring sessions, and Start-up Ideation in partnership with ZUMS work integrated learning program.
The center will conduct research on entrepreneurship issues focusing on (i) problems encountered by small and medium-size enterprises (ii) identifying the gaps in current approaches to access to finance, regulatory issues, market access, product development and optimum use of digital technology. EDRC will collaborate with international and regional organizations and experts and bring best practices for Bangladeshi entrepreneurs.
As part of planned activities, ERDC has focused on women entrepreneurship as one of the urgent issues requiring attention from academia and practitioners to reinvigorate research in these areas and remodel the training approaches. To address these issues ERDC will organize its first international seminar titled Women Entrepreneurship in Bangladesh: challenges and Opportunities on November 26-27, 2022 in Dhaka.
EDRC Activities Calendar 2023-24
- Design four entrepreneurship training programs in 2023 and assist partner organizations for implementation
- Conduct a baseline survey on Women Entrepreneurship literature and prepare a digital archive
- Organize 12 ‘ Entrepreneur Talk’ events with innovative entrepreneurs jointly with the ‘Entrepreneurial Creatives’
- Conduct four case Studies on Digital Entrepreneurship in Bangladesh and produce a comprehensive documents for the students of the ZNRF University of Management Sciences
- Conduct regular field survey on Entrepreneurship in Bangladesh and publish reports
- Organize a regional seminar on Women Entrepreneurship Best Practices