Photo Source: Babushahi Bureau
Sun Foundation to setup incubation centers to promote self-employment-MP Vikramjit Sahney
Vikramjit Sahney signs an MOU with Institute for Industrial Development (IID), Ministry Of MSME
Babushahi Bureau
New Delhi/ Chandigarh, February 8, 2023: With the mission of generating Self-Employment through Make in India and Skill India, Sun Foundation today signed a Memorandum of Understanding (MOU) with Institute for Industrial Development (IID), New Delhi which is an incubator with the Government of India, Ministry of Micro, Small and Medium Enterprises (MSME) for setting up Incubation Centres. IID is directly involved in implementation of the pilot schemes of Govt. of India, PMEGP, PMFME and ODOP.
After signing the MOU with IID, Sahney said that these Incubation centres will be setup at New Delhi, Amritsar and Ludhiana which will provide mentorship and guidance to youth in order to support their entrepreneurial aspirations of Self-Employment and generating employment for others, the incubation centres will also provide information to the youth about banking loan, government subsidies, Raw Material etc. to the youth from Industry experts who will also mentor them to start and run a successful Start Up.
Sahney also said that we have been providing all sorts of skill training to thousands of youth every year and getting them placed in big corporate companies. The vision of Sun Foundation is to make Youth not just Job seekers but Job Makers as well. These incubation centres will help them to set up their own enterprise and contribute to the nation building.
Sun Foundation under the Chairmanship of Padma Shri Vikramjit Singh Sahney, Member of Parliament, Rajya Sabha have been working in the space of Livelihood and youth empowerment from over two decades now. Other than dozens of Skill development and Livelihood programs, Sun Foundation runs two World Class Skill Development Centres in Amritsar, Punjab and New Delhi and is setting up Centre of Excellence at Ludhiana.
On this occasion Kamal Bhola, Director of IID said that they are very excited and thrilled about this initiative with a prestigious organization like Sun Foundation which have been working as a flagbearer in development sector under the able leadership of Vikramjit Singh Sahney.
These incubation centres will be helping a big number of youths to get empowered and become self-sufficient. The expertise of IID will help the farmers of the state of the Punjab in post-harvest storage and value-addition, thus creating opportunities in rural entrepreneurship, agripreneurship and employment.