President EAI has been made Director General of Youth Development Fund of IAYEA

Mr. Abhishek Kumar, President of Entrepreneurs Association of India (EAI) represented India at First Council Meeting of International Alliance of Young Entrepreneurs Association IAYEA in Zhongshan City in China. There were representatives from 35 countries including Russia, Australia and several African and European countries. It was a one-week trip involving three sessions of First Council Meeting of IAYEA, International Young Entrepreneurs Economic and Trade Exchange Conference, several round of Industrial visits in Zhongshan and Guangzhou.

Mr. Abhishek Kumar was the only representative from India and this is the third time he was invited in China where they felicitated him. Mr. Abhishek Kumar has been appointed as Director General of 100-million-dollar Youth Development Fund formed during this meeting. Youth Development Fund will provide funding support to the startups of the member countries. Also, it will not only provide funding support but will also act as a platform for technical exchange, global network, global linkage, business cooperation, etc. which will help them to expand at global level.

The topic of presentation of Mr. Abhishek Kumar wass Synergistic Innovation for Mutual Development. His speech focused on business growth with the help of innovation. He also talked about tie-ups between startups of different countries, increase in investments and improve the product design for the business development. In the end, he described how the Startup India Scheme of the Central Government is impacting the youths of the country.

He gave a detailed presentation on work done by Entrepreneurs Association of India in twelve years by spreading the spirit of entrepreneurship in various universities of India and the process through which the youths are linked with innovation/innovative ideas.

Entrepreneurs Association of India is one of the founding members of the International Alliance of Young Entrepreneurs Association, a global organization which was established in April in capital of China Beijing. This was the second time when Mr. Abhishek Kumar was invited by the China Youth Exchange Council. This summit had special emphasis on technology, innovation, cooperation and investment among the different countries and representatives of member countries also talked about the work culture, government policies, challenges of their respective countries and the method to create favourable working conditions among the member countries.

In the recent past, not only China, but also the US Govt. and Israel Govt. has invited Mr. Abhishek Kumar and felicitated him.

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