As part of a project to empower rural people mainly belonging to the marginalised sections, 1Bridge, a social enterprise promoting entrepreneurship, will join social networking site Facebook in launching an initiative in Andhra Pradesh.
The two firms will sign the MoU in the presence of Chief Minister N. Chandrababu Naidu at the Vizag Fintech Festival on October 23. This will be tripartite agreement.
AP Innovation Society CEO Winny Patro told The Hindu on Wednesday that for the first time the FB and the 1Bridge would take up a big project for empowerment of the rural poor with the active support of the government.
To bring prosperity in the rural areas, he said the two firms would impart training and facilitate networking by the prospective entrepreneurs to market their products/services by using various technologies.
The 1Bridge recently organised a training programme in association with the AP IT Academy at Rushikonda to train 52 entrepreneurs including 50 women on how to work in rural areas. Under the initiative, tech products would be popularised following the model implemented in 1,500 villages in Karnataka where 1,000 entrepreneurs were involved. “We have plans to train 3,000 entrepreneurs in the next six months in AP, M. Chakravarthy of the 1Bridge said recently.
American BPO
The First American Financial Corporation will sign an MoU with the State government and formally launch rural BPO work in Kadapa as a pilot project. Depending on its success, it would be implemented in all other districts.
“We are very happy that the Federal Bank has already launched its operations in Visakhapatnam giving a shot in the arm to make the city a leading fintech hub,” J.A. Chowdary, Special Chief Secretary and IT Advisor to Chief Minister, said, adding that the DXC, a $25-billion American firm, would make a soft launch of its rural empowerment project along with Cardilytics, a purchase intelligence platform.
