IIM Kozhikode launches Ignite Programme to Empower Micro-Enterprises & Self-Help Groups

With a focus on innovation, sustainable development, and economic resilience, the IIM Kozhikode Ignite programme will offer participants essential resources such as funding, mentorship, and technical support to help them scale their operations and make a lasting impact on underserved communities.

The Indian Institute of Management Kozhikode (IIMK) has launched the ‘Ignite’ programme, designed to support and empower micro-enterprises and self-help groups (SHGs) across India. This transformative initiative aims to accelerate the growth of start-ups pioneering technology-driven solutions for grassroots businesses. With a focus on innovation, sustainable development, and economic resilience, the Ignite programme will offer participants essential resources such as funding, mentorship, and technical support to help them scale their operations and make a lasting impact on underserved communities.

Empowering Start-Ups with the Right Tools

The Ignite programme will focus on identifying and nurturing start-ups and organisations committed to improving the livelihoods of micro-enterprises and SHGs, particularly in rural and economically disadvantaged areas. By providing targeted interventions in key areas such as supply chain management, financial services, and marketing, the programme aims to address the critical challenges faced by these grassroots businesses. The goal is to help these enterprises grow and thrive by offering them innovative, tech-driven solutions that boost efficiency and sustainability.

Fostering Collaboration for Social and Economic Impact

Announcing the programme, Prof Debashis Chatterjee, Director of IIM Kozhikode and Chairman of IIM Kozhikode LIVE, said, "The Ignite programme is a testament to the Institute’s commitment to foster collaboration between innovative start-ups and grassroots micro-enterprises/SHGs. By providing targeted solutions in critical areas such as supply chain management, financial services, and marketing, Ignite aims to help micro-enterprises and SHGs unlock their full potential, driving positive social and economic impact."

This initiative is part of IIM Kozhikode's broader mission to contribute to the development of the country’s social and economic fabric, with a particular emphasis on empowering communities at the grassroots level. The Ignite programme is designed to help break barriers to growth, enabling micro-enterprises and SHGs to thrive in a competitive market environment.

Applications Now Open: Deadline Approaching

Applications for the Ignite programme are now open and will remain so until November 20, 2024. Start-ups and organisations focused on empowering micro-enterprises and SHGs through technology are encouraged to apply. Participants will benefit from a range of opportunities, including seed funding, mentorship, and the chance to collaborate with experienced industry professionals and academic experts.

Eligibility and How to Apply

To apply, interested candidates must meet the eligibility criteria outlined on the official IIM Kozhikode website. The application process is simple and can be completed online. Given the limited spots available, applicants are advised to submit their applications as early as possible before the November 20 deadline.

The programme is expected to make a significant impact on the entrepreneurial ecosystem in India by nurturing innovative start-ups that are well-positioned to address the challenges of rural and underserved markets.

Driving Sustainable Development

Through the Ignite programme, IIM Kozhikode aims to create a ripple effect in the grassroots business ecosystem. By empowering start-ups with the tools and resources they need to succeed, the programme will contribute to long-term sustainable development in rural India, improve livelihoods, and strengthen economic resilience at the local level.

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