7 Benefits of Entrepreneurship to Community

Blog published on Itzinya.org on 2/4/22

Global entrepreneurship injects new money, growth and opportunity into a community, system, and society. Investments into people, skills development, and business startups pay off in exponential rewards.

More than a billion people around the world live in extreme poverty, and the impact of COVID-19 on global poverty is devastating in many areas. It drove an additional 97 million people into extreme poverty in 2020, according to World Bank estimates

In order to really change things that will actually work in the long-term, we need a systemized approach of building businesses that are larger than the individuals. Economic systems cannot be jumpstarted without shared goals and shared work in community.

Here are 7 benefits that entrepreneurship brings to any society:

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