IIM Raipur, SIDBI Launch Advanced Program on Entrepreneurship and New Ventures, Apply by August 30, 2024

Raipur, India, August 14, 2024 – IIM Raipur, in collaboration with SIDBI, has announced an innovative entrepreneurship program designed to foster the growth of new ventures and support early-stage entrepreneurs. This comprehensive 18-month initiative, known as the Swavalamban Skill to Enterprise Model (STEM program), aims to equip participants with essential skills, mentorship, and practical experience to build successful businesses.

Approach to Entrepreneurship Education

Empowering Early-Stage Entrepreneurs with Practical Skills

The STEM program is meticulously designed to blend online and offline learning methodologies, providing a robust entrepreneurship education that combines theoretical knowledge with practical application. Participants will engage in real-world case studies and field experiments that allow them to immediately implement the concepts learned.

Target Audience: This program is tailored for 30 early-stage entrepreneurs who are committed to transforming their innovative ideas into scalable ventures. Participants will benefit from high-quality business mentorship provided at no cost.
Application Deadline: Interested candidates are required to apply by August 30, 2024, with interviews commencing on August 15.

Eligibility Criteria

Education: Applicants must be graduates in any discipline, ensuring they have a foundational understanding necessary for entrepreneurial success.
Age Limit: Candidates must be under 50 years old, aligning with the program’s focus on supporting individuals at a prime stage in their careers.
Employment Status: In-service individuals may apply, provided they meet all eligibility criteria and submit the appropriate declarations, allowing a broader range of participants to benefit from the program.

How to Apply

Interested candidates can apply for the STEM program by visiting the official IIM Raipur website at iimr-stem.iimraipur.edu.in. The application process involves filling out an online form with personal, educational, and professional details. Ensure that all eligibility criteria, including educational qualifications and age requirements, are met before applying. The deadline for application submission is August 30, 2024, and interviews will commence on August 15, 2024. Successful applicants will be notified via email with further instructions.

Real-World Application and Industry Expertise

Learning from Industry Experts to Build Scalable Ventures

A key component of the STEM program is its emphasis on practical training and real-world application. Participants will engage in applied projects and receive one-on-one mentorship by industry experts, ensuring that they are well-equipped to navigate the challenges of entrepreneurship. This hands-on approach is designed to provide the critical support needed during the early stages of business development.

Human-Centric and Flexible Learning Experience

Blended Learning Model for a Educational Experience

The program emphasizes the development of an entrepreneurial mindset that values resilience, adaptability, and ethical decision-making. This human-centric approach is complemented by the flexibility of the online and offline learning modules, designed to accommodate the diverse needs of participants.

Unique Features:
- Blended Learning: Combines the advantages of online and offline learning for a well-rounded educational experience.
- Human-Centric Approach: Focuses on developing both soft skills and technical expertise essential for entrepreneurship.
- Practical Application: Encourages participants to apply their learning through real-world case studies and hands-on fieldwork.

Impact on India’s Economic Development

Driving Innovation and Economic Growth through Entrepreneurship

The Swavalamban Skill to Enterprise Model (STEM program) is more than just an educational initiative; it represents a strategic effort to drive India’s economic development by nurturing the next generation of innovative entrepreneurs. By providing free access to high-quality entrepreneurial training, IIM Raipur and SIDBI are contributing to the creation of a more inclusive and dynamic startup ecosystem in India.

The collaboration between IIM Raipur and SIDBI on the STEM program marks a significant advancement in the field of entrepreneurship education. By focusing on both the personal and professional development of participants, the program is poised to foster the growth of successful new ventures. This initiative not only prepares entrepreneurs to meet the challenges of the business world but also contributes significantly to the broader goal of economic development in India. For more details and to apply, visit iimr-stem.iimraipur.edu.in.

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