SIDBI ties up with RV varsity for entrepreneurship course

SIDBI and RV University (RVU) signed a Memorandum of Understanding (MoU) on May 16th, 2023, to help promote innovation and entrepreneurship in India. Under the MoU, SIDBI will launch a curated 6-month program aimed at nurturing successful entrepreneurs.

For achieving this, the proposed cohort shall be selected from a broad canvas of aspirants through Psychometric tests, aptitude tests etc. SIDBI will also provide financial support based on specific proposals submitted by RVU or its Centre for Innovation and Entrepreneurship Development and facilitate credit connect and mentorship for launching enterprises.

Speaking on the MoU with RV University, the Chairman and Managing Director of SIDBI, S. Ramann said, “SIDBI’s aim is to promote entrepreneurship. This collaboration between SIDBI and RV University is about the University setting up the curriculum, bringing in an environment where students can gain the benefits of an entrepreneurship study. There will be a lot of learning which is very practical – in terms of knowing about law, accounting, marketing, skills that go alongside technical skills that one might have. This is a start to bringing in a new way of entrepreneurship education within the otherwise well-known structure of education amongst the graduates.”