SIDBI opens SCKs in Nagaland to enhance Entrepreneurship Ecosystem

JammuTwai: SIDBI in association with Government of Nagaland shall set-up Swavalamban Connect Kendra’s (SCKs) in 16 districts of Nagaland to lead the change in the entrepreneurial ecosystem of Nagaland.With a steadfast commitment to nurturing local talent and promoting economic growth, these interventions shall be significant milestones in SIDBI’s effort to drive sustainable development in Nagaland. The event was graced by the Honourable Chief Minister of Nagaland, Shri Neiphiu Rio alongwith Shri Sivasubramanian Ramann, Chairman and Managing Director, SIDBI; Smt. HekaniJakhalu, Advisor, Industries, Government of Nagaland; Dr Subhransu Sekhar Acharya, Chief General Manager, SIDBI; and Dr Aren, Senior Project Manager for Capacity Building.The key initiatives launched included the inauguration of Swavalamban Connect Kendra (SCK) at Kohima. SCKs are aimed to emerge as one-stop centre to guide aspiring entrepreneurs to become job creators through awareness, mapping gaps, skill connect, create localized project profiles, credit connect, post-handholding support like market connect. Additionally, SIDBI announced Sports Scholarships to empower the youth and promote Innovation-Driven Enterprises in Nagaland. SIDBI & IDAN also signed an MoU to collaborate and partner to launch various initiatives for scaling up the StartUp ecosystem of Nagaland.Speaking at the event, Sivasubramanian Ramann, in his address, reiterated SIDBI’s commitment to supporting the entrepreneurial aspirations of the youth in Nagaland and across the Northeast region. He highlighted the transformative impact that access to finance, mentorship, and market linkages can have on budding enterprises, paving the way for a vibrant startup ecosystem. The CMD of SIDBI, also reiterated that many projects are in pipelinefor not only Nagaland but the focus on Northeastern Regions and its development in socio-economic diversity and will be implemented soon. HekaniJakhalu emphasized the role of entrepreneurship in driving economic resilience and social empowerment.