A one-week ‘Entrepreneurship Development Programme for Women,' being organised by the Anna University of Technology (AUT) – Madurai and Indian Overseas Bank (IOB), Madurai Regional Office, was inaugurated on Monday.
The programme was being sponsored by the bank through its Sakthi – IOB Chidambaram Chettiar Memorial Trust, established in 1995 in memory of the IOB Founder Chidambaram Chettiar. The trust works towards uplifting and empowering women through organising skill-based vocational training and entrepreneurship development programmes (EDP).
A total of 1,601 women had benefitted through the 44 EDPs held in different centres.
The beneficiaries of the current programme here had been identified by AUT – Madurai.
The objective was to assist them in identifying profitable business ventures and prepare techno-feasibility of the project. The participants would also receive managerial inputs and exposure to the various schemes and concessions offered by the Government to promote business. Delivering the inaugural address, K.M. Thirunavukarasu, Chief Regional Manager, Indian Overseas Bank, said that Sakthi Trust attached importance to assisting women below the poverty line (BPL). Such EDPs would help educated unemployed women take up entrepreneurship.
Speaking later, AUT-M Registrar E.B. Perumal Pillai said that India was witnessing high economic growth in recent years. The Government was assisting the trade and industrial sector with many concessions and subsidies. These had created a favourable climate in India and many multinational companies have to the country. In these globalised times, one could market their product across boundaries from their home itself through the Internet, he said.
The varsity was trying to be more than just an institution focussed on academics. The AUT – Madurai was also looking to make positive contributions to the society, Dr. Perumal Pillai said. R. Jayaraman, Head, Department of Entrepreneurship Studies, Madurai Kamaraj University, C. Swaranalatha, Chief Coordinator, Entrepreneurship Development Cell, AUT – Madurai, and P. Anbuoli, Coordinator, Entrepreneurship Development Cell, spoke.