Over 700 marginalised youths trained in AI, robotics, and fintech skills
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Hans India
20 hours ago
- Hans India
Nasscom Foundation, 9 tech SMEs to address skill gap among marginalised youth
Nasscom Foundation, in collaboration with nine tech SMEs, on Tuesday launched a project to address the skilling and employability gap among marginalised youth in the country. According to the Global Skills Gap report, 92 per cent of employees in India believe that there is a massive skills gap in the country. The new project aims to close these gaps through skilling 150 marginalised youth across Delhi-NCR, Trivandrum, and Pune. The participants will be trained in high-demand domains like data analytics and Java full stack, complemented by soft skills development and career readiness support. Further, selected trained and certified students will also be offered placement opportunities within relevant sectors, the Foundation said. "By bringing together nine visionary tech SMEs in this cohort, we are not only equipping the young minds with future-ready skills but also empowering businesses to embrace inclusive and responsible growth. Together, we are creating a scalable model that transforms lives, fosters equity, and ensures that technology becomes a force for sustainable progress," said Jyoti Sharma, CEO, Nasscom Foundation. Despite their critical role in driving India's innovation economy, many SMEs face challenges in executing impactful CSR -- ranging from budget constraints and regulatory complexity to limited awareness of CSR frameworks. Recognising these constraints, Nasscom Foundation launched the collaborative CSR initiative in partnership with the Nasscom SME Council. By bringing together like-minded SMEs under a unified CSR platform, this approach not only eases the operational burden on individual enterprises but also significantly amplifies collective impact. More importantly, it fosters a strong sense of community, shared purpose, and mutual accountability, enabling SMEs to contribute meaningfully to social development while growing responsibly. The initiative will be delivered in a hybrid model (80 per cent physical and 20 per cent virtual) through SME training partners, emphasising diversity and inclusion, with a strong focus on gender equity, targeting 60 per cent women beneficiaries, the Foundation said.
India Today
5 days ago
- India Today
Maharashtra partners with Nasscom foundation to boost micro-entrepreneurship
Aligned with MSME Day, Nasscom Foundation signed a flagship Memorandum of Understanding (MoU) with the Maharashtra Small Scale Industries Development Corporation Ltd. (MSSIDC), Government of Maharashtra. The collaboration aims to drive a large-scale capacity building program focused on strengthening the competitiveness and sustainability of 15,000 Udyam-registered micro and small entrepreneurs across the state with special focus on empowering women entrepreneurs. Nasscom Foundation will work closely with MSSIDC officials and the KPMG-led State Program Implementation Unit to strengthen the capacities of these micro initiative will be implemented under the Raising and Accelerating MSME Performance (RAMP) Programme, supported by the World Bank. It focuses on women entrepreneurs across key sectors such as energy efficiency, textiles, coir, handicrafts, renewable energy, manufacturing, waste management, and ODOP industries, enabling them with better access to digital tools, finance, and and training on the (Intellectual Property Rights) IPR Scheme for MSMEs, guidance on loans and digital loan application processes, and financial knowledge and managThrough this project, Nasscom Foundation will deliver a structured capacity-building program focused on three critical areas. ement. The initiative is designed not just to inform but to equip entrepreneurs with practical tools they need to formalize their businesses, access credit, and scale sustainably. Jyoti Sharma, CEO, Nasscom Foundation, emphasizing on the need for this initiative in today's business landscape commented, "Our MSMEs don't lack ideas, they often just lack access. This partnership with Maharashtra Small Scale Industries Development Corporation is about changing that. By offering targeted capacity building, we are not only supporting the entrepreneurs especially the women entrepreneurs, understand policies and processes but giving them the tools to build stronger, more resilient businesses. It's a step toward making India's MSME sector truly inclusive, digitally equipped, and globally competitive."advertisementPrashali Jadhav Dighavkar, Joint Managing Director, Maharashtra Small Scale Industries Development Corporation Ltd., said, "Strengthening MSMEs is central to driving Maharashtra's economic growth, and Intellectual Property Rights (IPRs) are a critical part of that journey. By building awareness about IPR across the state, we aim to equip small-scale industries with the knowledge and tools they need to protect their innovations and scale sustainably. These joint efforts are not just about legal awareness-they are about fostering innovation, encouraging ideation, and enabling the incubation of new businesses and entrepreneurial ventures that will shape the future of Maharashtra's MSME ecosystem."While MSMEs form the backbone of India's economy, they continue to face systemic challenges such as informal operations, limited access to credit, lack of awareness about government schemes, and weak digital adoption. This program addresses these challenges by offering entrepreneurs clarity, capability, and connection. By focusing on practical knowledge, scalable delivery, and strong government collaboration, this initiative aims to build a stronger, more future-ready MSME ecosystem in Maharashtra-and eventually, across Maharashtra Small Scale Industries Development Corporation Ltd., (MSSIDC), was established on October 19, 1962, with a view to giving a new orientation and strength to the development of Small Scale Industries (SSI) in the State of Maharashtra. The main objective of MSSIDC is to aid, counsel, assist, finance, protect and promote the interests of Small Industries. The Corporation renders assistance to approximately 30000 SSI units in the State. MSSIDC plays a vital role in revival, development, and growth of traditional handicrafts of Maharashtra by responding to the diversified needs of rural artisans and marketing their products in India as well as abroad.- Ends
Time of India
5 days ago
- Time of India
Nasscom Foundation Signs MoU with Maharashtra Small Scale Industries Development Corporation Ltd.
Mumbai: Aligned with MSME Day , Nasscom Foundation signed a flagship Memorandum of Understanding (MoU) with the Maharashtra Small Scale Industries Development Corporation Ltd . (MSSIDC), Government of Maharashtra. The collaboration aims to drive a large-scale capacity building program focused on strengthening the competitiveness and sustainability of 15,000 Udyam-registered micro and small entrepreneurs across the state with special focus on empowering women entrepreneurs . Nasscom Foundation will work closely with MSSIDC officials and the KPMG-led State Program Implementation Unit to strengthen the capacities of these micro entrepreneurs. The initiative will be implemented under the Raising and Accelerating MSME Performance (RAMP) Programme, supported by the World Bank. It focuses on women entrepreneurs across key sectors such as energy efficiency, textiles, coir, handicrafts, renewable energy, manufacturing, waste management, and ODOP industries, enabling them with better access to digital tools, finance, and information. Through this project, Nasscom Foundation will deliver a structured capacity-building program focused on three critical areas. Awareness and training on the (Intellectual Property Rights) IPR Scheme for MSMEs, guidance on loans and digital loan application processes, and financial knowledge and management. The initiative is designed not just to inform but to equip entrepreneurs with practical tools they need to formalize their businesses, access credit, and scale sustainably. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo Jyoti Sharma, CEO, Nasscom Foundation, said, in a statement, 'Our MSMEs don't lack ideas, they often just lack access. This partnership with Maharashtra Small Scale Industries Development Corporation is about changing that. By offering targeted capacity building, we are not only supporting the entrepreneurs especially the women entrepreneurs, understand policies and processes but giving them the tools to build stronger, more resilient businesses. It's a step toward making India's MSME sector truly inclusive, digitally equipped, and globally competitive.' Prashali Jadhav Dighavkar, Joint Managing Director, Maharashtra Small Scale Industries Development Corporation Ltd., said, 'Strengthening MSMEs is central to driving Maharashtra's economic growth, and Intellectual Property Rights (IPRs) are a critical part of that journey. By building awareness about IPR across the state, we aim to equip small-scale industries with the knowledge and tools they need to protect their innovations and scale sustainably. These joint efforts are not just about legal awareness—they are about fostering innovation, encouraging ideation, and enabling the incubation of new businesses and entrepreneurial ventures that will shape the future of Maharashtra's MSME ecosystem.' Live Events While MSMEs form the backbone of India's economy, they continue to face systemic challenges such as informal operations, limited access to credit, lack of awareness about government schemes, and weak digital adoption. This program addresses these challenges by offering entrepreneurs clarity, capability, and connection. By focusing on practical knowledge, scalable delivery, and strong government collaboration, this initiative aims to build a stronger, more future-ready MSME ecosystem in Maharashtra—and eventually, across India.
