IIM-Shillong & IIE-Guwahati pact to boost entrepreneurship

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NEW DELHI: Incubation and Enterprise Support Centre of Indian Institute Management (IIM) – Shillong and Indian Institute of Entrepreneurship (IIE) – Guwahati together signed a Memorandum of Understanding (MoU) to boost the entrepreneurial environment in the north eastern region (NER) of India.

Rajesh Aggarwal, Secretary, Ministry of Skill Development and Entrepreneurship, Government of India mentioned that the NER has tremendous yet unexplored potential. This pact aims to harness this potential by providing formal training, professional mentorship, a start-up supporting environment and other relevant assistance.

The move aims to foster entrepreneurship, incubation and start-up friendly environment in the north eastern region of India. It will also help in enhancing the management capabilities and encouraging entrepreneurship among the local population.

Infrastructure facilities of both the institutions such as laboratories, incubation centres and libraries, will be utilised for the research of incubates. Also, faculties of both institutions will participate in mentoring, training, workshop and assessment for the incubation centre.

According to the official statement, “The institutes will together conduct certified courses on entrepreneurship development and also train start-ups and incubates under the Incubation and Enterprise Support Centre, IIM Shillong; and promote educational lectures, workshops, exhibitions, and other knowledge dissemination programmes in the region.”