IIE signs MoU with IIT-G to boost entrepreneurship development

Guwahati: The Indian Institute of Entrepreneurship (IIE) signed an MoU with the Indian Institute of Technology, Guwahati (IIT-G) in the presence of Union Minister for Education, Skill Development and Entrepreneurship Dharmendra Pradhan with an aim to strengthen the skilling ecosystem and entrepreneurship development in the North Eastern Region (NER).

The MoU was signed at Akhil Bhartiya Shiksha Samagam 2023 New Delhi.

The objective of this partnership is to encourage entrepreneurship, incubation and start-ups in NER. To support professional development in the areas of management, entrepreneurship and skill development, and to meet the larger demand for capacity building and entrepreneurship promotion in the NER, the institutes will collaborate and exchange information and resources.
Promising entrepreneurs in the region require adequate funding, improved infrastructure and financial literacy to establish and grow their enterprises.

This collaboration intends to build a conducive environment for the growth of start-ups in NER that will further strengthen all of the crucial elements of an entrepreneur-enabling ecosystem, potentially attracting investor investments. Meanwhile, the region is teeming with craftsmen, artisans, and resources that might become a substantial source of employment for its citizens.

Dr Lalit Sharma, Director IIE, said this partnership will help create an atmosphere where start-ups and entrepreneurs can flourish in the region by not just supporting and encouraging them but also giving them access to formal training, professional mentorship, and the technical know-how needed to run a successful business.

By collaborating on this initiative, both institutes will benefit from each other’s strength in promoting skill development in the NER at large. The institutes will together conduct certified courses on entrepreneurship development and also train start-ups.

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