Every year, 46 million new workers join the world’s labor force and many of them are from developing countries. The global youth unemployment rate is 12.8% in 2018. As long as the rate of unemployment is increasing, it will increase regional disparities; and improvements in the world economic order will be offset by youth unemployment.
Reduction of employment disproportionately affects young and disadvantaged people. As such, if we can develop new entrepreneurs, then it can play a crucial role in creating self-employment opportunities as well as jobs for others. It will add value and create a competitive advantage to ensure long-term sustainability from the point of view of individuals as well as the social perspective of the country.
Bangladesh intends to become a Middle Income country by 2021. To achieve this target, Bangladesh has to create employment opportunities. Ensuring more employment generation is feasible mainly through developing entrepreneurship. To expedite the process, through offering the Bachelor of Entrepreneurship Program under the Faculty of Business and Economic, Daffodil International University (DIU) has come forward with a great initiative to support our young potential to become entrepreneurs. Young entrepreneurs who cater to the needs of society will not depend on others for jobs.