Stories
IIM Bangalore Partners with Minority Affairs Ministry, NMDFC to Boost Public Programs & Innovation
- •IIM Bangalore has signed two MoUs with the Ministry of Minority Affairs and the NMDFC to enhance public program delivery and innovation initiatives.
- •The collaborations will leverage IIMB's expertise in public policy, entrepreneurship, and innovation to create inclusive economic opportunities.
- •Through its Centre for Public Policy, IIMB will monitor 43 training centers under the Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) Scheme across the South Zone.
- •IIMB Innovations, via NSRCEL, will partner with NMDFC to strengthen the entrepreneurship and startup ecosystem for minority communities, focusing on skilling, incubation, and policy.
- •The partnership will support the Prime Minister Minority Venture Fund (PM-MVF) with initiatives like entrepreneurship awareness, startup identification, and investor linkages.
Key Questions Answered
IIM Bangalore signed two MoUs with the Ministry of Minority Affairs and the NMDFC to strengthen public programme delivery and innovation initiatives. The partnerships aim to leverage the institute's expertise in public policy, entrepreneurship, and innovation to create inclusive and sustainable economic opportunities for minority communities.
Through its Centre for Public Policy (CPP), IIM Bangalore will undertake independent third-party field-level inspection and concurrent monitoring of 43 training centres under the PM VIKAS Scheme across the South Zone, covering Andhra Pradesh, Karnataka, Keralam, Tamil Nadu, and Telangana. The monitoring will assess training delivery, infrastructure, beneficiary participation, attendance, certification, and placement outcomes.
The partnership between IIMB Innovations' NSRCEL and NMDFC focuses on strengthening the entrepreneurship and startup ecosystem for minority communities. Key areas include entrepreneurship skilling, innovation promotion, incubation support, research, technology-enabled enterprise development, and involvement with the Prime Minister Minority Venture Fund (PM-MVF).
