IIT Madras to train 300 Micro and Marginal Women Entrepreneurs in Tamil Nadu

Indian Institute of Technology Madras launched a new initiative on Friday,28th  July 2017, to train 300 micro and marginal women entrepreneurs in Tamil Nadu.The institute has joined hands with CAMS (Computer Age Management Services) Group, which is providing a funding support of about INR 45 lakh, and Hand-in-Hand India, a charitable trust, for this three-year project. The program aims to provide high impact training to the women entrepreneurs by providing key inputs in different areas of business and management. This will help participants to improve their growth rates and profitability. 

Speaking during the launch of the initiative, 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”. 

The program is specifically designed for the needs for women entrepreneurs and will provide insights on various areas such as finance, marketing, information technology, banking, and soft skills. 

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.”