US Consulate Launched Entrepreneurship Initiative in Kolkata.

On Tuesday, the US Consul-general and Contact Base launched Y4BIZ (Youth for Business) in Kolkata which is a youth entrepreneurship initiative. The initiative was launched by US Consulate General in Kolkata Craig Hall and Ananya Bhattacharya, the director of Contact Base. The website that’s launched is www.Y4Biz.com and it’s launched in Kolkata on Tuesday.


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The Youth for Business programme will be guiding and supporting like 50 steadfast and devoted entrepreneurs to transform their business ideas starting from an initial position to sustainable and feasible business. This project will help foster the entrepreneurship culture as well as help build linkage among the Indian and American youth leaders and entrepreneurs.


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The 50 entrepreneurs will be selected after a screening process after the events are launched in all four cities and then the online registration will begin. This process will be followed by an online capacity building and mentoring program that is run by IC2 Institute, University of Texas, Austin. 


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Moreover, a group of ten members will also be selected from the Eastern India and they will be given training at the Nexus Incubator Hub, which is located inside the American Center in New Delhi. On a regular basis and through boot campus the mentors will work with 50 entrepreneurs. After that, 10 top business ideas will be presented at the American Center in Kolkata all before investors, policy makers and industry leaders. Then the top 3 business ideas shall be incubated at Nexus Incubator Hub in New Delhi American Center.


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Jamie Dragon, the Director of the American Center and Public Affairs Officer of the U.S. Consulate General Kolkata said, “Youth entrepreneurship development is a proven strategy that positively impacts the lives of young people.


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