The 'Youth for Business-Y4BIZ' programme aims to support a group of 50 young entrepreneurs and transform their ideas from the initial stage to a sustainable business model, Director of the American Center and Public Affairs Officer of the US Consulate General, Kolkata, Jamie Dragon said in a release.
The scheme is part of a series of activities in the run up to the upcoming Global Entrepreneurship Summit (GES), scheduled for November 28-30 in Hyderabad.
"Youth entrepreneurship development is a proven strategy that positively impacts the lives of young people. This project seeks to foster a culture of entrepreneurship in eastern India and to strengthen linkages between American and Indian youth leaders," Dragon said.
The 50 entrepreneurs will be selected by a screening process after the launch events in all four cities.
The top 10 business ideas will be showcased before industry leaders, investors and policy makers.