UFV-CRRID partnership promises grassroot-level business development

Indian Express and Abbynews.com report that University of the Fraser Valley (UFV), Canada and The Centre for Research in Rural and Industrial Development (CRRID) have signed a memorandum of understanding (MoU) to “empower the rural entrepreneurs of North India.”

“India needs entrepreneurs at the grass roots level, and our partnership with CRRID allows us to fuel business start-ups and the development of SMEs outside the city centres, in the areas that need it most,” said Professor DJ Sandhu, UFV President’s Advisor.

A quick look at the university’s website to find out what the nature reveals some of the ways means of intervention this partnership will possibly employ.

…for example, students enrolled in UFV’s BBA degree at SDCC will be able to work with research faculty at  CRRID to implement projects aimed at uplifting businesses involved in such industries as agriculture and agrifoods.

In a way this partnership is similar to Tata International Social Entrepreneurship Scheme (TISES), a partnership between TATA sons, UC Berkely and Cambridge University. Continue reading

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Rs. 1000 Crore Social Responsibility Engine

Rs. 800 to a 1000 crore, that’s how much the Tata Group, one of the oldest and largest business houses in India spends annually on Corporate Social Responsibility [Via Economic Times]

The Tata Trusts control 65.8 per cent of the shares of Tata Sons, the holding company of the Group. The combined development-related expenditure of the Trusts and the companies amount to around four per cent of the Group’s net profit, its website said.

These philanthropic trusts have created national institutions in science & technology, medical research, social studies and the performing arts.

Previous coverage on the Tata’s CSR Efforts:

  1. Discover your inner Social Entrepreneur on the Train
  2. India’s CSR Leaders: How much can they really change?
  3. A New Software that Keeps Politicians As Honest as Possible
  4. Tata – Heart of Gold or Steel?

Discover your inner Social Entrepreneur on the Train

The Tata Sons are starting to be quite innovative in designing their CSR efforts [via Financial Express]:

Tata Jagriti Yatra 2008 will be an inspirational train journey undertaken by around 400 young and enterprising participants, between 18-25 years, from India and overseas, Tata Sons’ Executive Director, R Gopalakrishnan, said in Mumbai.

The youth will participate in an 18-day train journey interacting with social and economic entrepreneurs across the country, encouraging the spirit of social entrepreneurship, he said.

Of course, this is not the first time the Tata Group has taken an interest in social entrepreneurship. Earlier this year, it launched a International Social Entrepreneurship Scheme in partnership with UC Berkley and University of Cambridge [TC-I coverage here].

If you are one of those lucky ones between 18 and 25, you should find a way to get on that train [and may be live-blog for TC-I!]