NIESBUD & PHD CHAMBER SIGN MOU FOR INNOVATION AND ENTREPRENEURSHIP IN MSMES

NIESBUD & PHD CHAMBER SIGN MOU FOR INNOVATION AND ENTREPRENEURSHIP IN MSMES

NIESBUD & PHD CHAMBER SIGN MOU FOR INNOVATION AND ENTREPRENEURSHIP IN MSMES

No.PR-45
June 13, 2014
New Delhi

NIESBUD & PHD CHAMBER SIGN MOU FOR INNOVATION AND ENTREPRENEURSHIP IN MSMES

The National Institute for Entrepreneurship and Small Business Development (NIESBUD) and PHD Chamber of Commerce and Industry signed a Memorandum of Understanding (MoU) to establish a NIESBUD-PHD Chamber Centre of Excellence for innovation and entrepreneurship to help promote competitiveness in micro, small and medium enterprises.

It also aims at facilitating collaboration towards advancement of knowledge on the basis of reciprocity, best effort, mutual benefit and frequent interactions.  The MoU was signed here today between the Director General, NIESBUD Mr. Arun Kumar Jha and Executive Director, PHD Chamber Mr. Saurabh Sanyal.

The MoU which came in to force with immediate effect also provides for organizing joint training workshops, programmes, seminars of the two institutions to cater to technological advancement or MSMEs as also conduct their certified courses and corporate trainings, besides different activities aimed at capacity building of entrepreneur through Hub and Spoke Model.

In a statement issued here, Mr. Sanyal said that the PHD Chamber which serves the vast number of MSMEs was committed to integrate small and medium enterprises to global economies.

NIESBUD is an apex body under the Ministry of Micro, Small and Medium Enterprises with the basic objective of promoting and development micro, small and medium enterprises, its association with PHD Chamber would go a long way to instill the required momentum in them, Mr. Jha after signing the MoU.
ENDS
Koteshwar Prasad Dobhal
Consultant (PR)