National Skill Development Corporation (NSDC) and LetsEndorse have entered a strategic partnership to create a mass and rapid micro/ nano-entrepreneurship movement across India through a tech-and-touch model developed by the latter. The collaboration will impact the lives of rural and urban individuals looking to set up new enterprises or scale up their existing ventures in more than 165 segments, across manufacturing, services, trading, and new-age digital entrepreneurship.
LetsEndorse’s Udyamita model, which has shown promising results in enabling micro/ nano entrepreneurs till the last mile through its 100-day intervention, will be leveraged in this partnership as well. The tech-enabled model assures scalability and provides end-to-end support to foster enterprise success and sustainable income. The two organizations will work towards the goal of boosting entrepreneurial capacities, enabling access to affordable Micro, Small, and Medium Enterprise (MSME) capital, and ensuring overall micro-enterprise success at scale pan-India.
The Co-founder & CEO of LetsEndorse Development Monika Shukla said, “We are looking at enabling over a million micro/nano entrepreneurs by 2027 and ten million entrepreneurs by 2030.”