IIM Jammu, SIDBI inaugurates skill to enterprise module programme for J-K, Ladakh youths

NEW DELHI: The Indian Institute of Management (IIM Jammu) in collaboration with the Small Industries Development Bank of India (SIDBI) inaugurated the skill to enterprise module (STEM) programme. SIDBI and IIM Jammu have collaborated for a one-year-long STEM programme, especially designed for students in Jammu and Kashmir and Ladakh.

The programme aims to equip participants with the knowledge and guidance to initiate and expand their businesses in the future. It also aims at bridging the gap between skill and entrepreneurship.The programme will provide an opportunity for participants to gain financial independence and create a positive impact in their communities through entrepreneurship.

SIDBI deputy general manager (DGM) Subhransu S Acharya was the chief guest and DGM Rishi Pandey was the guest of honour at the inaugural ceremony. IIM Jammu director BS Sahay presided over the ceremony.

IIM Jammu CEISD chairperson Muqbil Burhan gave a brief overview of STEM during the inaugural address. The STEM programme will provide four weeks of residential training coupled with eight weeks of virtual training. The curriculum of the programme is designed to provide participants with a thorough understanding of business management, compliance, finance, planning, and strategic aspects of running a business.

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The programme is targeted at individuals who have completed technical courses and possess valuable skill sets but lack the required resources and knowledge to start their own businesses, STEM also provides an opportunity for those seeking financial independence and aiming to make a positive impact in their communities through entrepreneurship. The selected participants will receive guidance through industry mentorship and incubation, connecting them to financial institutions through credit connect schemes.