Abstract:
Abstract: Bangladesh NGO foundation (BNF) was set up in 2004 as a
Government organization which started functioning in 2005 to help
distressed people with special emphasis on women under sustainable
development program through partner organizations. The main aim of the
organization is to remove income inequality. Though BNF grant has been in
various sectors through its partner organizations, they are creative
entrepreneurships. The total number of partner organizations of BNF is
1120 of which around 14% organizations are working in the area of micro
and small enterprises for arranging livelihood and social welfare. Creative
entrepreneurship is the means through which an entrepreneur is selfemployed
at the creative industries. This study was undertaken to assess
business proliferation and innovation of creative entrepreneurship through
the fund of BNF. The research is to study nano and micro financing among
rural folk will be able to add value in the personal income level through
creative nano and micro small enterprises. Alternative hypothesis of the
study is that BNF fund has an impact on business process through the
creative nano and micro enterprises. The study has been chosen from
partners of the BNF who are dealing with creative entrepreneurship. It is
evident that in the business process especially Grameen (Rural) area has
strategic impact and business proliferation not for the individual welfare but
for social welfare which has positive role to improve beneficiaries’ life style
though creative nano and micro enterprises. The researcher observed that
innovative business ideas among the poor have been giving new dimension
and varieties of products like arts and handicrafts, folk songs, folk dance,
skills development programs for youth living with disabilities, Community
Theater, nursery and botanical garden, multimedia and creativity etc., which
are highly compatible and sustainable. As such, the author recommends
more generation of funds to establish and encourage creative
entrepreneurship so that poor and downtrodden people can successfully
implement innovative business processes through financial inclusion.
