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'Power To Empower' contest aims to sharpen
entrepreneurial skills
Thursday September 13, 2012 07:27:46 PM,
IANS
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New Delhi: National
Skills Development Corporation (NSDC) and India@75, a grassroots
initiative of CII, Thursday launched the second phase of Power To
Empower, a competition aimed at helping aspiring entrepreneurs and
young students realize their entrepreneurial dreams in the sector
of skills.
Indians from all walks of life who have an idea or business plan
in skills development have until September 25th to file their
entries online on the official website www.powertoempower.in.
Winners will be chosen for both the Ideas Stage as well as the
Business Plan Stage. Winning entries towards final stages will
receive mentorship towards building their idea with the final
winner receiving incubator funding to accelerate their business.
Commenting on the invitation for public entry to the initiative,
Dilip Chenoy, Managing Director and CEO of the National Skill
Development Corporation, said: "Power To Empower is a great way of
contributing in the objective of NSDC which is skilling 150
million people in India by 2022 by fostering private sector
investment and initiatives in training and skill development in 20
high growth sectors as well as the unorganized segment."
Bhairavi Jani, Executive Director of India@75 said: "Power To
Empower is aimed at creating an entrepreneurial environment by
inspiring budding entrepreneurs and students to realize their own
potential and contribute to skill development in India."
The winners of this year's Idea Stage will be announced in
October.
This year's competition marks a considerable change in format of
the competition from last year, where students from selected
premier colleges participated. This year, however, Power To
Empower competition targets a larger group of students and young
entrepreneurs, including housewives.
Prime Minister Manmohan Singh has set an ambitious target of
creating a 500 million globally employable workforce by 2022.
"India@75 and NSDC have collaborated on this initiative to help
contribute to this target, which represents a challenge, but at
the same time a huge business opportunity," a statement said.
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