On Monday, the Indian Institute of Management, Vizag (IIM-V) entered into a Memorandum of Understanding (MoU) with the National Institute of Business Management (NIBM), Sri Lanka to offer a one-year ‘Diploma in Women Entrepreneurship‘.
NIBM is a Colombo-based, self-financed statutory body under the Government of Sri Lanka. The MOU was signed virtually by IIM-V Director Prof. M Chandrasekhar and the Director-General of NIBM, Dr. DMA Kulasooriya.
Indian Institute of Management, Visakhapatnam, is already training women entrepreneurs under the Women Startup Programme (WSP). It has created a niche among the premier business schools for empowering and mentoring women entrepreneurs. This programme is being carried out under the mentorship of IIM-Bangalore (IIM-B). As part of the startup programme, IIM-V has incubated 25 women entrepreneurs under the WSP-2018. In its second cohort, 19 women entrepreneurs from Andhra Pradesh, Telangana and Odisha, are being monitored under the WSP-2020.
On the successful completion of the academic modules and the project work, the ‘Diploma in Women Entrepreneurship’ will be awarded. Speaking about the initiative, Prof. Chandrasekhar said, “The key objectives are to foster entrepreneurship and the spirit of creativity and innovation. It will provide the participants with the essential knowledge and skills required for an entrepreneurial journey from idea-generation to idea-implementation.”
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