SIDBI launched national level entrepreneurship awareness campaign ” Udyam Abhilasha”

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Small Industries Development Bank of India (SIDBI) has launched Udyam Abhilasha (उद्यम अभिलाषा), a national level entrepreneurship awareness campaign. It was launched in 115 Aspirational Districts identified by NITI Aayog in 28 States.

Udyam Abhilasha :

The campaign will run from 3 October to 8 October, 2018 across India and reach out to around 15,000 youth. It will create and strengthen cadre of more than 800 trainers to provide entrepreneurship training to aspiring youths across these districts to enter admired segment of entrepreneurs.

Objectives :

Inspire rural youth in aspirational districts to be entrepreneurs by assisting them to set up their own enterprise. Impart trainings through digital medium across the country, Create business opportunities for CSC-VLEs. Focus on women aspirants in aspirational districts to encourage women entrepreneurship. Assist participants to become bankable and avail credit facility from banks to set up their own enterprise.

Small Industries Development Bank of India (SIDBI) :

SIDBI is principal development financial institution for promotion, financing and development of Micro, Small and Medium Enterprises (MSME) sector in India. It was established on April 2, 1990 through an Act of Parliament (thus, it is statutory body). It is headquartered in Lucknow, Uttar Pradesh. It facilitates and strengthens credit flow to MSMEs and address both financial and developmental gaps in MSME eco-system across the country.