: NSDC, LetsEndorse join hands to enable access to affordable capital to MSMEs across India #FinanceIndia #StockMarketNEWS NSDC, LetsEndorse join hands to enable access to affordable capital to MSMEs

@StockMarketNEWS Mon 21 Mar, 2022

Posted in: #FinanceIndia #StockMarketNEWS

NSDC, LetsEndorse join hands to enable access to affordable capital to MSMEs across India #FinanceIndia #StockMarketNEWS
NSDC, LetsEndorse join hands to enable access to affordable capital to MSMEs across India New Delhi, Mar 17 (KNN) With an aim to support Skill India Mission, National Skill Development Corporation (NSDC) and LetsEndorse have entered a strategic partnership to create a mass and rapid micro/ nano-entrepreneurship movement across India through a tech-and-touch model developed by the latter.

The two organizations will work towards the goal of boosting entrepreneurial capacities, enabling access to affordable Micro, Small and Medium Enterprise (MSME) capital and ensuring overall micro-enterprise success at scale pan-India.

The collaboration will impact the lives of rural and urban individuals looking to set up new enterprises or scale-up their existing ventures in more than 165 segments, across manufacturing, services, trading and new-age digital entrepreneurship.

LetsEndorse’s Udyamita model, which has shown promising results in enabling micro/ nano entrepreneurs till the last mile through its 100-day intervention, will be leveraged in this partnership as well.

The tech-enabled model assures scalability and provides end-to-end support to foster enterprise success and sustainable income, from idea building, business plan creation, enabling affordable credit under various government schemes and Reserve Bank of India (RBI) norms to mentorship after the enterprise is set-up. (KNN Bureau)

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