IIM Indore launches accelerator for SC/ST entrepreneurs

The Story in Brief

The IIM Indore Incubation Foundation has launched a Business Accelerator Programme under the Ministry of MSME’s National SC-ST Hub. It will provide classroom learning, expert mentoring, industry networking, market-access support, and guidance on the Government e-Marketplace and public procurement.

Selected participants will attend a six-day residential programme, complete 36 hours of virtual sessions, and receive six months of mentoring. The fee is Rs 1,11,000 plus GST, with assistance of Rs 1,00,000 plus GST for eligible participants. Applications close on August 31. The programme is tentatively scheduled for October 19 to 24. SC/ST women-led micro and small enterprises will receive preference.

The Indian Opinion

The programme could help entrepreneurs gain structured training and access to markets. However, the available information does not state the number of seats, full selection criteria, or expected outcomes. Even with the subsidy, the remaining fee may be difficult for some applicants. Its wider inclusion claims will depend on participation, mentoring quality, and whether businesses secure meaningful market opportunities after completion.

Source: freepressjournal.in

This story was synthesised by AI from the source linked above.

Ask their opinion on this story

They have read this article, our coverage, and the web.

Rabindranath TagoreGandhiMuhammad Ali JinnahB. R. AmbedkarJawaharlal NehruVinayak Damodar SavarkarSubhas Chandra Bose

AI simulations of historical figures. Responses are generated from the historical record, not authentic statements.