Where scions help ex-staff become entrepreneurs - News Summed Up

Where scions help ex-staff become entrepreneurs


Meet this band of 30 second- or third-generation entrepreneurs of family businesses who have come together to attempt a new way to foster entrepreneurship. “We saw employee exits positively,” said Rahul Dasgupta of Alpha Network (AN), the network that was forged for this purpose about six months ago. “He wanted to leave as he was feeling stagnant... we encouraged him to start his own business,” Mr. Dasgupta said. “I am now GST compliant and am planning to help a relative to launch his own unit,” Mr. Abur said. Affiliated to industry body Assocham, AN has set itself a target of each member fostering three such potential entrepreneurs annually.


Source: The Hindu April 15, 2018 16:42 UTC



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