IIM Indore, MPMVVN, Government of Madhya Pradesh sign MoU for Collaborative Initiatives

This strategic partnership aims to develop joint projects and initiatives that will support the expansion of MPMVVN's activities and enable the growth of sustainable enterprises among women entrepreneurs and WSHGs.

Indian Institute of Management Indore (IIM Indore) and Madhya Pradesh Mahila Vitta Evam Vikas Nigam (MPMVVN), Government of Madhya Pradesh, have signed a Memorandum of Understanding (MoU) to foster collaborative efforts in promoting sustainable enterprises and empowering women entrepreneurs and women self-help groups (WSHGs) in the state. Professor Himanshu Rai, Director, IIM Indore, and Manoj Pushp (IAS), Managing Director, MPMVVN, signed the MoU at IIM Indore.

This strategic partnership aims to develop joint projects and initiatives that will support the expansion of MPMVVN's activities and enable the growth of sustainable enterprises among women entrepreneurs and WSHGs.

Professor Himanshu Rai expressed his enthusiasm for the collaboration, stating, "This MoU signifies our commitment to empowering women entrepreneurs and promoting sustainable enterprises. Through our expertise in management education and research, we aim to support MPMVVN in expanding its activities and enhancing the entrepreneurial ecosystem in Madhya Pradesh”.

The key focus areas of the collaboration include providing marketing support, designing certification courses for women entrepreneurs, conducting training programmes for the employees of MPMVVN, conducting a resource gap analysis, and managerial training, he added. He also emphasized the importance of ensuring women-led organizations become more sustainable and resilient. He then highlighted IIM Indore’s role in supporting the development of Micro and Small enterprises across various sectors. “Together, we will work towards creating meaningful opportunities and fostering sustainable development", he said.

The MoU is valid for a period of three years, during which both organizations will work closely to implement the outlined activities and explore additional collaborative opportunities for mutual benefit. This partnership highlights the commitment of IIM Indore toward fostering sustainable development, gender empowerment, and entrepreneurship in Madhya Pradesh.

Read More:

• IIM Kashipur welcomes new MBA batch 2023-25 with Inaugural Program