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On The
Current Scenario of Entrepreneurship in
Bangladesh
A Term Paper
On
The Current Scenario of Entrepreneurship in Bangladesh
Department of Management
University of Dhaka
Prepared for:
Ethica Tanjeen
Assistant Professor
Department of Management
University of Dhaka
Prepared by:
Group of Inspirit
Department of Management
University of Dhaka
Sl. No Name ID
01 Fetema Tuz Zohra Poly 024-101
02 Mousumy Akter 024-102
03 Md. Robin Bepari 024-103
04 Md. Kamruzzaman 024-104
05 Maisha Ahmed 024-105
06 Mahin Mahood 024-106
07 Md. Billal Hosen 024-107
08 Md. Ibrahim khalilullah 024-108
09 Shahnaz Parveen 024-109
10 Ferdowsy Nusrat 024-110
Acknowledgement
At first we would like to thank the Almighty Allah for giving us the strength to complete this
term paper. Secondly we would like to express our special thanks to our respective teacher
Ethica Tanjeen who has given us the golden opportunity to do this wonderful work on the
topic The Current Scenario of Entrepreneurship in Bangladesh which has also
helped us in doing a lot of research and we have come to know the barriers and the existing
opportunity to become an entrepreneur and the overall present situation of entrepreneurship
in Bangladesh.
At last, we would also like to thank our group members who have helped a lot in finishing
this report within the given time. We are making this report not only for marks but also for
increasing our knowledge.
Letter of Transmittal
Ethica Tanjeen
Assistant Professor
Department of Management
University of Dhaka
Dear Mam,
We are highly pleased to submit our term paper on the Current Scenario of Entrepreneurship
in Bangladesh. To prepare this term paper we have tried our level best to accumulate all the
relevant information and we have also collected the data from the available sources and we
made our best effort to make this term paper very sincerely.
Thank you so much for giving us the opportunity to prepare this term paper for you and we
hope that this term paper will meet the standards of your judgment. We also hope that any
limitations in our term paper will be a subject to your kindful consideration.
Sincerely yours,
______________
On behalf of Inspirit
Maisha Ahmed
Group Co-ordinator.
Executive Summary
Table of content
Chapter 2
Current Scenario of Entrepreneurship
Working Proprietors: Working proprietors include all individual proprietors and partners
actively engaged in the work of the establishment excluding silent or inactive partners.
Permanent Establishment: An economic unit outside household having fixed location and
permanent structure is a permanent establishment.
From this table, we can see that entrepreneurs are mainly concentrating in the permanent
establishment for doing business. But women entrepreneurs are more in numbers in economic
household sector.
Again we can also find some additional information from this table.They are:
(1) 78.9% entrepreneurs are engaged in permanent establishment.
(2) 9.8% entrepreneurs are engaged in temporary establishment.
(3) 11.3% entrepreneurs are engaged in economic household.
Recommendation
We have a course about entrepreneurship development and as we are students under this
course, we have some recommendation to increase entrepreneurs in Bangladesh. These
recommendation are given below:
1. Different kinds of seminar must be held to increase awareness among people about
the benefits of entrepreneurship.
2. Arranging motivational seminars and workshop to inspire the entrepreneurs.
3. Government may take initiative to provide proper help to the entrepreneurs.
4. Government and different NGOs may provide loan among the entrepreneurs at low
interest rate.
5. Government may provide them more tax exemption facilities.
6. The higher studies can be inspired to entrepreneurship-oriented; not job-oriented.
7. The government and NGOs may pay special attention for the development of SMEs
in Bangladesh.
Conclusion
Bangladesh is a developing country and our economy is not developed. A huge number of
people are unemployed for lack of job opportunities. For this reason, the unemployment rate
is very high. So, the competition among the job seekers is also very high in Bangladesh.
Entrepreneurship can be the greatest solution for us to reduce this unemployment rate. If
more people become entrepreneurs, it will not only help us in earning profit but also create
employments for many unemployed people. And increasing the number of entrepreneurs can
play the most vital role to develop our economy. Only government cannot play the role to
increase entrepreneurs, we should help the government. We have to determine that we cannot
only become the job seekers, we have to provide job opportunities among the people.
Bibliography
(1) http://www.bbs.gov.bd.com
(2) http://www.entrepreneur.com
(3) http://theinterngroup.com
(4)Thomas W. Zimmerer, Norman M. Scarborough (2008), Essentials of Entrepreneurship
and Small Business Management, 5th Edition, US.