New Delhi: Indian Institute of Management (IIM) Shillong has signed a Memorandum of Understanding (MoU) with the University of Manipur to offer support in the areas of business management, training, and consultancy activities. 

Under this collaboration, IIM Shillong and Manipur University will work together to support business development and sustainable livelihood promotion, and entrepreneurship. In addition to this, the institutes will also focus on the skill development of the students.

This collaboration aims to support the promotion of entrepreneurship, faculty development and training, and joint research in the field of management science, social science, and humanities in a mutually beneficial manner.

Informing about this initiative, Professor D P Goyal, Director, IIM Shillong said, “IIM Shillong has a major role to play in the development of the north-eastern region. The environment of entrepreneurship is very enabling”.

"We support young people in the northeast in the creation and marketing of enterprises. India has produced many successful entrepreneurs. It is crucial to build the most vital component, which is people, for the development of the entrepreneurial ecosystem" he said.

Talking about the collaboration, the Professor further added that this initiative will focus on the development of three centers; CeDNER, Kalam, and Incubation. Furthermore, this collaboration will affect Manipur's landscape and help people in developing and putting their ideas into action. 

In addition to this, Manipur University’s Center for Entrepreneurship and Skill Development has organized a one-day national seminar on "Startups and Entrepreneurship Ecosystem in India" in collaboration with IIM Shillong Center for Development of the North Eastern Region.

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