Excelsior Correspondent
JAMMU, Feb 5: Indian Institute of Management (IIM) Jammu has collaborated with the Small Industries Development Bank of India (SIDBI), for Skill to Enterprise Module (STEM) programme to equip students in J&K and Ladakh with the necessary knowledge and guidance to initiate and expand their businesses in the future.
Inaugural of the programme, held at IIM Jammu, witnessed the presence of Dr Subhransu S Acharya, CGM, SIDBI, as the chief guest, and Rishi Pandey, DGM, SIDBI, as the guest of honor. Prof B S Sahay, Director, IIM Jammu, presided over the ceremony.
In his address, Dr Subhransu S Acharya stressed that focusing on development in less developed areas is vital. “From once being called ‘fragile,’ we now stand as one of the world’s top five economies – a significant feat, thanks to MSMEs. Your continued contributions will shape our success, and I am inspired by your ideas,” he said.
Prof B S Sahay, Director, IIM Jammu, who conceived this idea for the youth of J&K and was instrumental in creating this collaboration with SIDBI, said that the Skill to Enterprise Programme is a much-needed initiative that will enable our youth to become successful entrepreneurs. It will help them realize their full potential, create job opportunities for themselves and others, and contribute to the economic growth of our nation, he added and encouraged the youth of J&K to leverage this opportunity and create success stories for other youth to follow.
Rishi Pandey, DGM SIDBI exhorted the students to take full advantage of this opportunity. “We believe in the power of entrepreneurship to drive economic growth, and STEM is a significant step in that direction. The more passion and skill you put into your work, the more success you achieve, creating jobs for others,” he said.
Dr Muqbil Burhan, Chairperson of The Centre for Entrepreneurship, Innovation & Skill Development (CEISD), IIM Jammu provided a brief overview of STEM. The vote of thanks was proposed by Dr Vivek Sharma, Chief Innovation Officer, IIM Jammu.
The selected participants will receive guidance through industry mentorship and incubation, connecting them to financial institutions through Credit Connect Schemes.
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