{"id":15977,"date":"2023-09-06T23:20:02","date_gmt":"2023-09-06T17:50:02","guid":{"rendered":"https:\/\/orchid-starling-653667.hostingersite.com\/?p=15977"},"modified":"2023-09-07T00:23:37","modified_gmt":"2023-09-06T18:53:37","slug":"a-five-year-chronicle-of-how-game-is-leading-the-charge-in-fostering-mass-entrepreneurship-in-india","status":"publish","type":"post","link":"https:\/\/shandilyafamilyoffice.com\/?p=15977","title":{"rendered":"A Five-Year Chronicle of how GAME is Leading the Charge in Fostering Mass Entrepreneurship in India"},"content":{"rendered":"\t\t
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Celebrating 5 Years of GAME: Pioneering a Movement for Mass Entrepreneurship in India<\/em><\/strong><\/h3>

Five years ago, the founders of the Global Alliance for Mass Entrepreneurship (GAME)\u2014Ravi Venkatesan, Madan Padaki, and Mekin Maheshwari\u2014confronted a daunting reality. India was grappling with an unemployment crisis of epic proportions, with millions of young people entering the workforce annually and an inadequate number of quality jobs to absorb them. Traditional sectors were shedding jobs, and although the startup ecosystem was burgeoning, it wasn’t creating enough employment opportunities to bridge the gap.<\/p>

In this environment, GAME was born with a bold and audacious mission: to convert job seekers into job creators, to ignite a broad-based movement that would create 50 million new jobs by 2030, at least 25% of which would be held by women.<\/p>

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Bridging the Gap: Our Systems Approach<\/strong><\/p>

Recognizing that no single player could activate the entire entrepreneurial ecosystem required for mass employment, GAME took a systems approach. We focus on breaking down systemic and structural barriers that hinder the growth of entrepreneurship. By mobilizing a spectrum of ecosystem actors\u2014from government bodies and philanthropic organizations to financial institutions and educational establishments\u2014we aim to provide comprehensive solutions that enable entrepreneurs to thrive. This strategy not only amplifies our impact but also aligns us perfectly with national agendas on entrepreneurship and employment.<\/p>

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Key Focus Areas: Where We Pour Our Energy<\/strong><\/p>

Access to Finance<\/strong><\/p>

One of the major impediments to entrepreneurship is the lack of easy access to capital. Under this vertical, GAME has been tackling the issue of delayed payments<\/a> and even launched the NBFC Growth Accelerator Program<\/a>. This initiative provides a robust support framework for non-banking financial companies that lend to small enterprises.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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