Shillong, November 22: The Incubation and Enterprise Support Centre of IIM Shillong has signed an MoU with FICCI Ladies Organisation (FLO) to provide guidance and to mentor start-ups and entrepreneurs to grow, an official said.
IESC Chairperson Sanjeeb Kakoty and FLO National President Jahnabi Phookan signed the deal for their respective organisations on Saturday.
The underlying objective of the MoU is to provide a nurturing, instructive and supportive environment for entrepreneurs during the critical stages of starting up a new business, and increasing the chance for a start-up to succeed, shorten the time and reduce the cost of establishing and growing its business, the IIM said in a statement issued here.
Speaking about the work of FLO and its alignment with Sustainable Development Goals, Phookan elaborated that FLO’s vision under her presidency is to focus on ensuring sustainable practices and creating sustainable livelihoods for the economic empowerment of women towards becoming sufficient job creators than just mere job seekers.
Stressing on the importance of women, particularly those in the northeastern part of India, in safeguarding the rich culture and traditions of the people, Prof Sanjeeb Kakoty felt that women were also very much responsible for keeping alive the entrepreneurial nature and spirit emanating from the region. (PTI)