CCI nod for addl stake of Valuedrive Technologies by Setu AIF Trust, Konark Trust, and MMPL Trust (See 'Corp Brief') CCI approves stake of Groww Asset Management by State Street Global Advisors (See 'Corp Brief') CCI approves acquisition of equity in Shriram Finance by MUFG Bank (See 'Corp Brief') CCI approves merger of Chess Merger Sub with and into Udemy Inc. (See 'Corp Brief') IBC - Non-inclusion of claim in resolution plan results in its extinguishment, and any claim which is not expressly included in resolution plan, and which is not expressly barred as per such plan, cannot be inferred: SC (See 'Legal Desk') CCI okays subscription of equity of Aditya Birla Renewables by GIP EM Star (See 'Corp Brief') Reddy calls for Accelerated Exploration of Critical Minerals at NMEDT Governing Body Meeting (See 'Corp Brief') National Centre to promote organic and natural farming (See 'Corp Brief') PMLA - Recourse to LOC can be taken by investigating agency in cognizable offences if accused is deliberately evading arrest or not appearing in trial court despite Non-Bailable Warrants: HC (See 'Legal Desk') Bharat 6G Alliance expands six-fold, emerging as key driver of 6G ambitions (See 'Corp Brief') Semicon India Programme boosts domestic Chip Manufacturing and Design Ecosystem (See 'Corp Brief') TRAI undertakes assessment of quality of service by conducting drive test (See 'Corp Brief') A&C - Once strong prima facie case of copyright infringement is established, interim injunction to protect copyright must typically follow: HC (See 'Legal Desk') CSR Conclave: 'Empowering Tribals through CSR' (See 'Corp Brief') CSIR & MEA jointly host Ambassadors from Global South (See 'Corp Brief') Nadda reaffirms India's Commitment to Eliminate TB Ahead of Global Targets (See 'Corp Brief') Ministry of Ayush and DBT announce collaborative Clinical Study on Ayurveda (See 'Corp Brief') IBC - Issues of fraud or existence of debt must be decided by insolvency tribunal, not civil court: HC (See 'Legal Desk') RBI strengthens Framework on Unauthorised Electronic Banking Transactions (See 'Corp Brief') Govt expands DEH Initiative to Boost District-Level Export Competitiveness (See 'Corp Brief') DPIIT signs MoU with leading AC company to strengthen manufacturing ecosystem (See 'Corp Brief') Two-Day Eastern Region Review Meeting of CGCA concludes (See 'Corp Brief') IPR - Minor variations in product that do not alter essential mode of operation of patented invention are considered mere engineering variations: HC (See 'Legal Desk') Paatil calls for 'Jan Bhagidari' to strengthen Water Conservation Efforts (See 'Corp Brief') IICA successfully concludes 4th Batch of Directors' Certification in Corporate Governance (See 'Corp Brief') Ministry of MSME assisting entrepreneurs in setting up of new micro enterprises (See 'Corp Brief') COFEPOSA - Dispute over rent or mesne profits for immovable property leased for commercial purposes is 'commercial dispute': HC (See 'Legal Desk') Amendments to Banking Regulation Act and MSCS Act, 2002 enhance oversight & accountability (See 'Corp Brief') MY Bharat mobilises Youth across 763 Districts for Shaheed Diwas Padyatra (See 'Corp Brief') PMLA - Even property acquired prior to commission of crime can be provisionally attached finding it falling in definition of 'proceeds of crime': SAFEMA (See 'Legal Desk') Ministry of Mines to launch 7th Tranche of Auction of Critical and Strategic Minerals (See 'Corp Brief') Jal Mahotsav 2026 gives momentum to 'Jal Sanchay se Jan Bhagidari' (See 'Corp Brief') Ministry of Mines to organise National DMF Summit 2026 (See 'Corp Brief') PMLA - High Court of Delhi lacked territorial jurisdiction to hear appeal filed against Appellant based in Kolkata; GST registration at Delhi, occasional hearings before Delhi Bench of NCLT do not establish that appellant ordinarily operates in Delhi: HC (See 'Legal Desk') Union Minister chairs 90th Meeting of Standing Committee of National Board for Wildlife (See 'Corp Brief') India achieves 1 billion Tonne Coal Production Milestone Again (See 'Corp Brief') Capital Market - SEBI's regulations are framed to protect rights of stakeholders in securities market, and violation of its regulations being matter of public law, can't be condoned by private resolution of shareholders: SC (See 'Legal Desk') PDUNASS conducts DoPT-Sponsored Training Programme (See 'Corp Brief') Govt introduces Credit Guarantee Scheme for Microfinance Institutions-2.0 (See 'Corp Brief') Supreme Court Clears Path For Single Insolvency Proceedings Against Linked Group Companies (See CORP EINSICHT)

Print

AIM, NITI Ayog, UNDP join hands to boost youth entrepreneurship

Published: Oct 04, 2019

By TIOLCORPLAWS News Service

NEW DELHI, OCT 04, 2019: IN a latest initiative to recognize young people as critical drivers of sustainable development, Atal Innovation Mission (AIM), NITI Aayog and United Nations Development Programme (UNDP) India on Friday launched Youth Co:Lab which aims at accelerating social entrepreneurship and innovation in young India.

To mark the launch, a Letter of Intent (LOI) was signed between AIM, NITI Aayog and UNDP India. Through Youth Co:Lab, young entrepreneurs and innovators will get a chance to connect with governments, mentors, incubators and investors, who will help equip them with entrepreneurial skills.

The initiative will also convene a series of youth dialogues across several cities such as New Delhi, Hyderabad, Bangalore and Mumbai to promote entrepreneurship across India.

AIM and UNDP, as part of UNSDF signed between NITI Aayog and UN India, are collaborating to spread awareness about different issues pertaining to youth, the future of work and the Sustainable Development Goals (SDG) through Youth Co:Lab. The first phase of Youth Co:Lab will focus on six SDGs: SDG 5 (Gender Equality), SDG 6 (Clean Water and Sanitation), SDG 7 (Affordable and Clean Energy), SDG 8 (Decent Work and Economic Growth), SDG 12 (Sustainable Consumption and Production) and SDG 13 (Climate Action).

Sharing his views on the significance of youth led entrepreneurship, Mission Director Ramanan Ramanathan added that youth entrepreneurship has immense potential benefits and the most significant one is that it creates huge employment opportunities in the country. With the world's largest youth population millions in the county are entering the workforce every year, it is critical for India to create a robust employment and entrepreneurship ecosystem.

Targeted at supporting young people overcome challenges, UNDP and AIM, NITI Aayog will empower young people through innovative development ideas. In this regard, Youth Co:Lab will convene social innovation challenges at the national and sub-national level, which will invite young people in the age group of 18-29 years and start-ups to showcase their proposed ideas and solutions to tackle some of the region's biggest social challenges.

They will also get the opportunity to pitch their ideas at UNDP's regional centre in 2020. Aspiring entrepreneurs or nascent entrepreneurs (with less than 3 years of experience) can submit their ideas at http://aimapp2.aim.gov.in/youth2019/entry.php   before 4 November, 2019. Selected applicants will be invited for a national innovation challenge, where each winning start-up will get an opportunity to incubate and strengthen their ideas at the Atal Incubation Centres.

Speaking at the launch, Resident Representative, UNDP India Shoko Noda said, that 21st-century challenges can't be solved with traditional approaches. She added that it is essential to position young people front and centre, to solve the region's most wicked development challenges. We must ensure that they are motivated and excited to learn future skills, particularly leadership, social innovation, entrepreneurship and communication. About Youth Co:Lab, she said that it is an innovative platform for young people to explore their ideas and potentials, and bring to scale viable solutions, to accelerate India's progress on the SDGs.

About Youth Co:Lab:

Co-created in 2017 by UNDP and the Citi Foundation, and operational in 25 countries across the Asia Pacific region, the Youth Co:Lab initiative aims to create an enabling ecosystem to promote youth leadership, innovation, and social entrepreneurship.

About Atal Innovation Mission (AIM)

AIM including Self-Employment and Talent Utilisation (SETU) is Government of India's endeavour to promote a culture of innovation and entrepreneurship. Its objective is to serve as a platform for the promotion of world-class innovation hubs, grand challenges, start-up businesses and other self-employment activities, particularly in technology driven areas.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.