HP has added five new grant winners in India to its HP
Learning Initiative for Entrepreneurs (HP LIFE) program for 2011.
HP
Learning Initiative for Entrepreneurs (HP LIFE) is a global program that trains
students, aspiring entrepreneurs and small business owners to harness the power
of IT to establish and grow their businesses. This takes the total number
of grant winners and training centers to 33 in India.
This year’s grants
went to organizations in Brazil, China, India, Kenya, Nigeria, Russia, South
Africa, Turkey and the United States. HP will award a total grant
value of $300,000 to organizations in India.
Each grant valued at
approximately US$ 60,000, consists of a technology grant, a cash grant valued
at US$10,000, the professional HP LIFE training-of-trainer course for their
lead trainer, as well as access to the HP LIFE network and to all online
and offline training tools.
India has thousands
of micro-entrepreneurs who fuel growth and make India a hotbed for innovation.
However, many small and medium entrepreneurs lack the basic skills to help turn
their ideas into enterprises. With the additional training centers, HP LIFE
aims to support and equip more entrepreneurs with the skills to succeed in a
competitive marketplace,“ said Jeannette Weisschuh, director
Education, HP Office of Global Social Innovation.
Between 2007 and
2010, HP LIFE has trained over 8,000 students in India and helped create over
1,100 new jobs and start over 900 new businesses. Over 2,200 students obtained
employment.
In total, HP has
awarded 40 new training centers in 9 countries with grants this year. Since
2007, HP has invested more than $20 million in the program, resulting in the creation
of more than an estimated 20,000 jobs and more than approximately 6,500 new
businesses globally.
By TelecomLead.com
Team
editor@telecomlead.com
