IIM Jammu Collaborates with SIDBI to launch Two Batches of Skill to Enterprise Module (STEM) for Youth of J&K and Ladakh” for your kind perusal.
In today’s fast-paced world, t
he youth of our country have s hown remarkable potential and proficiency in various technical fields. However, a significant challenge faced by them is the lack of basic k nowledge and training in entre preneurship. Despite graduatin g from various good institutes including ITIs and polytechnics, they often struggle to convert their skills into successful enterprises. To bridge this gap between skill and entrepreneurship, Indian Institute of Management Jammu (IIM) Jammu and Small Industries Development Bank of India (SIDBI) collaborated to offer a specialized 1 yearlong Skill to Enterprise Module (STEM) program for youth of J&K and Ladakh.
The program is designed to equip the youth with the necessary knowledge and guidance to start and grow
their own businesses. The pro gram will provide comprehensiv e 4 weeks residential training with 8 weeks virtual training to help the participants develop understanding of business management, compliance, finance, planning and strategic aspects of business. The candidates will be selected by the experts based on the readiness of their ideas and will be provided guidance through industry mentorship and incubation. There will be two batches of STEM commencing from 4th Dec and 19th Dec 2023 at IIM Jammu’s Srinagar a nd Jammu campuses. The program will be particularly beneficial for those who have completed a technical course and possess a valuable skillset but lack the resources and knowledge to start their own business. It will also provide an opportunity for those who wish to gain financial independence and create a positive impact in their communities through entrepreneurship. The trained candidates will be connected to financial institutions through credit connect schemes.
The Skill to Enterprise progra
m will be conducted by experie nced professionals with a bac kground in business management and entrepreneurship. The pro gram will consist of classroom lectures, case studies, and practical assignments that will enable the participants to apply the concepts and skills learned in real-world scenarios. The STEM program is a joint initiative of IIM Jammu and SIDBI and a total of 60 selected participants will be trained over a period of 1 year and the participants will not be charged any fee.