JAMMU, FEBRUARY 19: In order to promote the culture of entrepreneurship and innovation here, Jammu and Kashmir Entrepreneurship Development Institute and Higher Education Department today signed a Memorandum of Understanding in presence of Commissioner Secretary, Industries and Commerce, Manoj Kumar Dwivedi and Commissioner Secretary, HED to lend expertise and evolve the ecosystem of entrepreneurship and startup environment in the colleges of Jammu and Kashmir.
The MoU was signed between Executive Director, JKEDI, GM Dar and Director Colleges J&K, Prof. M.Y Peerzada.
Speaking on the occasion, Commissioner Secretary, I&C, Manoj Kumar Dwivedi said that the JKEDI has a pivotal role in the entrepreneurship development in Jammu and Kashmir as it provides a platform for the young educated youth to create livelihood opportunities for themselves as well as others.
The Commissioner Secretary further added that this MoU will boost the entrepreneurship and startup ecosystem here as this will help us to establish entrepreneurship development cells, innovation and incubation centers in colleges besides a module of entrepreneurship course will also be offered in colleges with other degree programmes through this MoU.
“This is a historical day for both the departments. We can share our expertise and build capacities among the stakeholders. This will benefit the students across the Union Territory. There is no dearth of talent and this partnership will provide ample exposure and the students face no difficulty in creating their own enterprises,” said M K Dwivedi.
This step will provide a platform for budding entrepreneurs and will create end to end solutions. They will be exposed to options of angel funding, technical expertise to create prototype and help in up scaling and launching of the final product of startups,” said Talat Pervez. “Initially we will start with 14 colleges in the cities of Srinagar and Jammu and will subsequently expand to other regions of the Union Territory,” he added.