PM-YUVA( National Scheme for Enterprenuership Development)

National Scheme on Entrepreneurship Development aims to create an enabling ecosystem for Entrepreneurship Development through entrepreneurship education and training across the country in select Institutes of Higher Learning (Universities, Colleges and Premier Institutes), schools, Industrial Training Centers (ITIs) and Entrepreneurship Development Centers (EDCs) for over a period of five years (2016-17 to 2020-21). Additionally, students will get easy access to a robust network of peers, mentors incubators, funds and business services through an online platform. Focus will also be on entrepreneurship promotion and social entrepreneurship. About Udyamita ‘Udyamita’ aims to create an enabling ecosystem for entrepreneurship development through entrepreneurship education & training, advocacy, and easy access to entrepreneurship network. The project also aims to promote development of social enterprises for inclusive growth. The project will be implemented in collaboration with Wadhwani Foundation, a California (USA) based non-profit public benefit corporation for duration of five years (2016-17 to 2020-21). Under Udyamita, 2200 colleges, 300 schools, 500 ITIs and 50 Vocational training centres (VTCs) will be enabled to deliver entrepreneurship education and training to over 24 lakh students. This initiative is expected to create approx. 30000 start-ups over five years, consequently, creating approx. 2,60,000 direct and indirect jobs. Also, a strong pool of approx. 8900 Entrepreneurship Educators and 10,180 Mentors will be created. This will be supported by a network of Entrepreneurship and Coordination Hubs (E-hubs), comprising of 1 National E-hub, 5 Regional E-Hubs and 50 Nodal E-Hub for resource management and organization at different levels. The enrolled colleges, schools, ITIs and VTCs under this program will be the implementation arm of the Project.