Indian Institute of Entrepreneurship will soon handle the responsibility of establishing Entrepreneurship Development Centre in the 104 government Industrial Training Institutes (ITI) and three National Skill Training Institutes (NSTI) in the North East Region under the Ministry of Skill Development and Entrepreneurship to support the youth with mentorship and provide them guidance to financial linkages.
The project is conducted under the central-run flagship scheme ‘Skill Strengthening for Industrial Value Enhancement’ (STRIVE).
Providing Mentorship and Assistance
With the mission to propel the growth of entrepreneur movement among the youth of NE, the project is aimed for producing 107 well-trained mentors who will be responsible to operate the ITI’s and NSTI’s as per the press release.
The project will comprise a series of events with 29,500 enrolled students of ITIs and NSTIs across the eight states. Firstly, there will be two days of ‘Entrepreneurship awareness Programme’ (EAP) to inaugurate the campaign. In the second step, a number of 14,000 selected students from the initially held EAP programmes will be involved in a hardcore ‘entrepreneurship development programme’ (EDP).
A training programme especially tailored for 107 faculties ‘Faculty Development Program’ (FDP) will also be undertaken by the Indian Institute of Entrepreneurship, Guwahati. The faculties then will be assigned as entrepreneurship trainers and mentors in their respective institutes and help to facilitate the activities of EDCs.
Significance of the EDP
Given that the startup ecosystem is booming in India , the Entrepreneur Development Programme shall empower youths to develop an entrepreneurial mindset across the ITIs and NSTIs.
Additionally, it is an excellent step forward to make the students aware about various aspects of entrepreneurship and its different dimensions, assist them in building the skill-based enterprises, help them in raising capital through available government schemes and provide the knowledge of financial linkages and mentoring support.
