India's No.1 Educational Blog: VES institute of Management and SME Chambers of India sets up Centre of Excellence for incubating entrepreneurship

Mumbai: Looking to transform youngsters even without higher educational qualifications into job-creators, VES Institute of Management Studies & Research (VESIMSR) has set up a Centre of Excellence for Entrepreneurship that would run various innovative initiatives for promoting entrepreneurship.

VESIMSR, the premier management institution in Maharashtra, has tied up with the Union Ministry of MSME and SME Chamber of India to support the youngsters and working people by imparting knowledge and practical experience, and become successful entrepreneurs.

The Centre will run special programmes, help incubate the startups, create awareness about entrepreneurship, facilitate funding, create business plans, hold lectures, and assist in licensing formalities.

“This centre, though set up by a management institute, will be open to all categories of people, whether housewives or students, working people or small time entrepreneurs who wish to launch business or accelerate their existing ventures,” said VESIMR director Dr Satish Modh.

“The best part of the initiative is that you don’t need to be a graduate to take assistance from the Centre. Those without any education can also join our programmes. There is no need of a degree to be successful entrepreneur,” he added.

VESIMR, run by Vivekanand Education Society (VES), has tied up with professional and government bodies to promote entrepreneurship. It has signed a memorandum of understanding (MoU) recently with Small and Medium Business Development Chamber of India (SME Chamber of India) and the MSME Department.

As the first programme of Centre of Excellence, a weekend programme will be launched from September for aspiring entrepreneurs. The innovative programme will make sure that by the end of the programme, each participant owns a business, apart from the managerial and practical lessons on how to run a business and make money.

SME Chamber of India is the leading National premier Chamber, working for the growth of SMEs from Manufacturing and Service Sectors for the last 20 years. Chembur-based VESES), founded by Late Shri Hashu Advani, runs a 26 educational institutions from KG to PG in the vicinity of Chembur, with more than 18,000 students.

Vivekanand Institute of Management Studies & Research (VESIMSR) is known for its value-based education. It has an intake capacity of 180 each year. VESIMSR offers Mumbai University’s Masters in Management Studies (MMS) and Doctoral programme. The institute also offers Post-Graduate Diploma in Management (PGDM) approved by AICTE.

Dr. Satish Modh, Director, VESIMR is available for the interactions along with Mr. Chandrakant Salunke, Founder and President of SME Chamber of India.