Vibrant entrepreneurship is important for economic growth, employment creation and innovation. Entrepreneurial activity creates jobs, drives efficient resource use and accelerates the process of generating, diffusing and applying innovative ideas and concepts. The development of entrepreneurship has been growing in importance in many cultures and societies. Local and regional authorities employ a range of measures to encourage enterprise creation and development. They include business networks, business incubators, business advisory, micro-credit schemes and extension services and cluster development programme.

A society cannot dream to become a developed one without having an entrepreneurial environment. It requires a constant supply of creative, innovative and enterprising people. In fact, everyone has potentiality to excel but only some are able to do while many not. This leads to many socio-economic problems such as poverty, illiteracy, and unemployment. Therefore, there is an urgent need to create an environment of entrepreneurship, self-employment, and enterprise creation providing solution to unemployment and blocking sustainable economic growth.