Director, Jammu and Kashmir Entrepreneurship Development Institute (JKEDI), Ajaz Ahmad Bhat today inaugurated 10-Day Entrepreneurship Development Programme (EDP), for female aspirants at EDI Office Budgam.
On the occasion, the Director also interacted with the female participants conducted at District Nodal Office, Budgam.The scheme is a special endeavour of Mission Youth, Government of Jammu and Kashmir and is aimed at providing financial assistance to young women for setting up gainful self-employment ventures suited to their skills, training, aptitude and local conditions.
It will empower and encourage women to set up income-generating units through manufacturing, services or trading activities.The candidates will undergo a 10-Day training programme with a focus on self-development, basic business skills, business and marketing plan formulation, account management, sector-specific technical inputs and will be apprised of all the formalities involved in setting up an enterprise.
The aim of the programme is to help the candidates to be self-reliant and facilitate their capacity building. Director, JKEDI stressed upon the need for inclusive growth through women empowerment and inclusion of tribal, backward and border population in nation building.
Upon successful completion of the training program, these registered female candidates will receive assistance in establishing or expanding an existing business. The project report will also have provisions for the acquisition of fixed assets (Plant & Machinery, equipment, furniture & fixtures) to meet working capital needs for the purchases of various products, equipment and tools.
The trained female candidates shall also be facilitated to avail of financial assistance to the extent of Rs 5.00 lakh. Through this initiative, women will be able to improve their socioeconomic status and become more involved in nation-building.