The Entrepreneurship Development Institute of India (EDII), in collaboration with IDBI Bank, has initiated the “Revitalizing Innovation for Sustainable Enterprises (RISE)” project, focusing on bolstering entrepreneurship within the handloom sector. With a vision to empower weavers in the Kamrup Rural district, specifically in the villages of Pairanga, Milonpur, Bondapara, and Kukurmara, the project aims to infuse innovation and sustainability into traditional handloom practices.
EDII Launches Technology-Based Handloom Program
The RISE project targets enhancing the capabilities of local weavers by introducing advanced Jacquard machinery. These technological advancements are envisioned to drive efficiency, growth, and sustainability within their businesses. By enabling the weavers to diversify their product range and stay attuned to market demands, the project seeks to catalyze economic development within the communities.
The implementation strategy of RISE involves Technology Based Entrepreneurship Training (TEDP) sessions conducted in Bondapara and Milonpur villages, with successful completion already achieved by beneficiaries. The training equips participants with the necessary skills to operate technologically advanced Jacquard Looms, laying the foundation for enterprise formation. Ongoing TEDP sessions in Pairanga village further underscore the commitment to fostering entrepreneurship in the handloom sector.
EDII’s North East Regional Office (NERO) in Guwahati is pivotal in providing continuous support to participants, extending assistance in market linkage and product selling under the RISE project. This collaborative effort ensures that the benefits of the initiative are maximized and sustained over time.
The successful launch of the RISE project reflects a collective dedication to revitalizing the handloom industry, aligning seamlessly with national agendas promoting development and entrepreneurship in rural communities. This initiative not only uplifts traditional practices but also contributes to the socio-economic progress of the Kamrup Rural district.
Established in 1983, EDII stands as an autonomous institution promoted by leading financial institutions including IDBI Bank Ltd, IFCI Ltd, ICICI Ltd, SBI, and the Government of Gujarat. Recognized by the Ministry of Skill Development & Entrepreneurship, Government of India, as a Centre of Excellence, EDII is committed to spearheading entrepreneurship through education, research, training, and institution building. The Institute’s accolades, including being ranked Number 1 by Atal Ranking of Institutions on Innovation Achievements (ARIIA) – 2021, underscore its commitment to fostering a vibrant entrepreneurial ecosystem in the country.
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