Inclusive entrepreneurship is about a set of attitudes, competences and skills which allow people to turn their dreams into concrete projects or “enterprises” and then see these through to fruition. It is about more than starting an individual business. Inclusive entrepreneurship can be applied to self-employment, starting or growing micro or small enterprises and to social enterprise using business based approaches driven by social mission. Indeed, the personal qualities required for entrepreneurship are essential for success in the knowledge economy – whether this be in the private or public sectors.
The use of the word 'inclusive' indicates a belief that entrepreneurship is for all and that the personal qualities and conditions required for entrepreneurship are not the prerogative of a privileged, highly educated few. Indeed, millions of people across the globe take complex decisions, manage risk, find new innovative solutions, and collaborate with others just to survive in their daily lives. However the obstacles and risk they face when trying to make the leap from survival to long-term sustainability are proportionally far greater than those involved in launching a new company on the stock exchange.
Inclusive entrepreneurship is about supporting entrepreneurs from all backgrounds by creating a genuinely level playing field. This involves understanding and then overcoming the barriers faced by different people in different places. It is about unleashing the creative potential that people have within them and using this to create a more sustainable future for all of us.