Categories: Agreements

NIESBUD tie-up with Hindustan Unilever Ltd to develop entrepreneurial skills

National Institute for Entrepreneurship and Small Business Development (NIESBUD) and Hindustan Unilever Limited (HUL) signed a memorandum of understanding (MoU) for developing entrepreneurial skills among the youth and identifying other aspects for mutual collaboration. The alliance will further enhance employment generation and create sustainable livelihood opportunities, giving a major boost to nano and micro-entrepreneurship advancement in the country.

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Under the partnership:

  • Both the entities will collaborate to organise training programmes, develop course curriculum, undertake cluster development activities, organise workshops and extend incubation support, provide industry linkages, assist trainees in linking up with suitable wage employment, etc.
  • HUL is also contributing INR 63,00,000 to NIESBUD to support the Skill Acquisition and Knowledge Awareness for Livelihood Promotion (SANKALP) Project, which aims at strengthening the entrepreneurship ecosystem, and bringing in better market connectivity and inclusion of marginalised sections of society.

Important Takeaways for All Competitive Exams:

  • Hindustan Unilever Limited CEO: Sanjiv Mehta (10 Oct 2013–);
  • Hindustan Unilever Limited Headquarters: Mumbai;
  • Hindustan Unilever Limited  Established: 17 October 1933.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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Sumit Arora
4 years ago

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