Collaboration of SAP and NEN Aiding Indian Businesses to Expand

Collaboration of SAP and NEN Aiding Indian Businesses to Expand

Tuesday, January 28, 2014 - 9:15am

CONTENT: Article

SAP Labs India recently announced that in the first year of its partnership with National Entrepreneurship Network (NEN), the program has exceeded its first-year target to successfully train 38 mentors, who have in turn trained 72 entrepreneurs across India on various aspects of running a successful business. In addition, SAP senior executives are mentoring growth companies such as, Involute Automation and Vaatsalya.

“Emerging entrepreneurs are poised to play a vital role in driving economic growth and addressing societal needs while building successful ventures that create new jobs,” said K. Srikrishna, Executive Director, National Entrepreneurship Network (NEN) India. “The National Entrepreneurship Network’s goal, through collaborations with SAP, is to inspire, educate and support this breed of entrepreneurs by providing mentorship, knowledge, skill building and access to capital and technology needed to succeed.”

Involute Institute of Technical Training (IITT), the job skills training arm of Involute Automation, was able to overcome business growth challenges to quickly scale its operations and training network with mentorship from SAP senior executives. Over the past ten months, SAP mentors guided IITT’s leadership to optimize business processes, create an information management system and develop standard operating procedures; enabling it to open facilities in Maharashtra and Andhra Pradesh.

SAP’s work with NEN is part of the company’s regional and global CSR commitment to entrepreneurship, education and technology sharing, in pursuance of its mission to help the world run better and improve people’s lives.

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