Hopping on the Entrepreneur bandwagon, Indian Institute of Technology Madras launched a new initiative. IIT Madras is preparing to train 300 micro and marginal women entrepreneurs. This initiative is in collaboration with with CAMS (Computer Age Management Services) Group. IIT Madras will receive a funding support of about INR 45 lakh. The Funding will be provided from both CAMS and Hand-in-Hand India, a charitable trust, for this three-year project. The program seeks to create high impact training to women entrepreneurs. The training will provide skill knowledge in different areas of business and management.
Professor Nagarajan, Dean, Industry and Alumni Relations, IIT-Madras, said,
“IIT Madras has established itself as a leader among academic institutions in promoting entrepreneurship among its faculty and students, with alumni being a solid pillar of support. In particular, social entrepreneurship is a key imperative of the Institute, and corporate support in the form of CSR has come as a tremendous boost in this respect”.
Improving Domain Knowledge
The purpose of the program is to provide domain knowledge to budding entrepreneurs especially in areas like finance, marketing, information technology, banking, and soft skills. These in turn would help them grow and evolve themselves in the field
Speaking about this project, N K Prasad, President and Chief Executive officer, CAMS, said,
“CAMS as part of its CSR activities has been carrying out various projects in the fields of education, vocational training, healthcare and other social welfare activities. In the current financial year, CAMS is delighted to be associated with IIT-Madras in supporting the training focused at small scale entrepreneurs”.
Dr Kalpana Sankar, Chairperson and Managing Trustee, Hand-in-Hand, said,
“the training will help SHG women to manage the enterprises with profit and grow the business”.
Dr Jeyaseelan, Group CEO, Hand-in-Hand added that,
“this training will enable the SHG women to move their enterprises from informal to formal sector.”