Family Business contributes to 60-70 percent of GDP of most developed and developing countries and India is no exception. Much of the retail trade, the small- scale industry and the service sector in India are family run businesses. Similarly, entrepreneurship has played and will continue to play a central role in the growth and development of our country. Among other things, India is poised to generate new business startups in the high technology area that can help it become a major competitor in the world economy. Appropriately following are the objectives of this Center.

• To assist in the process of developing and sustaining family business and entrepreneurship programs
• To assist in the development of family business and entrepreneurship curriculum
• To cultivate awareness and development of outreach education for family businesses and entrepreneurial firms
• To act as a clearinghouse for information and foster the proliferation and dissemination of applied research in these areas
• To provide networking opportunities among potential entrepreneurs and their experienced counterparts
• To collaborate with governmental and non-governmental organizations, industry associations and others engaged in similar activities
• To develop a vibrant ecosystem for promoting family- owned and entrepreneurial ventures