In order to promote innovation and instill a spirit of entrepreneurship in students graduating from engineering colleges, SAP India has announced  signing a Memorandum of Understanding (MoU) with Native Lead Foundation (NLF).Under the MoU, SAP India will work with 20 engineering colleges that NLF partners in the Madurai-Trichy area to educate students on the various facets of entrepreneurship, with a vision to create quality “Made in India” products and innovations that can compete in global markets.
As part of its three-year plan, NLF will engage with organizations and sensitize 100,000 youth from 100 educational institutions on entrepreneurship, with the end goal of creating 50 brands.
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R. Sivarajah, CEO and Founder, Native Lead Foundation said, “The growing number of youth in India brings with it the challenge of gainful employment. Native Lead Foundation, in collaboration with organizations such as SAP aims to propagate entrepreneurial initiatives in colleges, and believes that the challenge of employability will be solved if the mindset of graduates changes from job seekers to job creators.”
Augmenting NLF’s initiatives, SAP India is helping students break into the technology industry - the unparalleled growth sector in India - through SAP HANA.
In phase one; students will be exposed to structured courses on technology, application methods, innovation techniques and enterprise processes. Following this, in the Ideation phase, students will be mentored and encouraged to bring to life innovative solutions by leveraging their knowledge in the preceding phase of the engagement. In the third and final phase, students will be trained on structuring an enterprise to produce and market their products and concepts.
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