Tirupur Sets Up Support Centre For Aspiring Women Entrepreneurs

Trade & Policy

Tirupur Sets Up Support Centre For Aspiring Women Entrepreneurs

Tirupur’s aspiring women entrepreneurs will get a boost in the form of handholding support from the AIC-NIFTTEA Incubation Center for Textiles and Apparels. This was announced in a recently issued press statement.

Head of research and development of the NIFT-TEA College of Knitwear Fashion CP Senthil Kumar in a recent public function said, “We are committed to absorb at least 15 budding entrepreneurs as incubatees in our scheme, in which 25% would be reserved for women. We plan to select three young women entrepreneurs and five to six girl students, who have innovative ideas to become entrepreneurs.” He was addressing an audience of aspiring women entrepreneurs and student innovators, conducted at the campus, while observing International Women’s day celebrations.

Senthil further remarked, “We have a team of women mentors, who are successfully running textile companies. They will help the incubatees on time management, stress management and financial management, apart from addressing the problems they face.”

Chief Executive Officer of centre, R Periyasamy said, “The center will also provide a platform for product development and marketing, apart from helping the entrepreneurs avail bank loans and subsidies that focus on women empowerment, The incubatees will have easy access to materials, machineries and technological support for product development.”

The incubation center, functioning in collaboration with the NIFT-TEA College and NITI Aayog, was established to provide facilities for budding entrepreneurs.