SAP India has signed a Memorandum of Understanding (MoU) with Native Lead Foundation (NLF), a non-profit organization that works in South Tamil Nadu, to promote innovation and instill a spirit of entrepreneurship in students graduating from engineering colleges.
NLF works with educational institutions, students and aspiring entrepreneurs to create awareness, motivate, train, and prepare them to become innovators and business leaders. The MoU with SAP is part of its plans to engage with organizations and sensitize 100,000 youth from 100 educational institutions on entrepreneurship, with the end goal of creating 50 brands.
NLF thinks that challenge of employability can be solved if the mindset of graduates changes from job seekers to job creators.
SAP India will work with 20 engineering colleges that NLF partners in the Madurai-Trichy area to educate students on the various facets of entrepreneurship, with a vision to create quality “Made in India” products and innovations that can compete in global markets.
SAP India is helping students break into the technology industry – the unparalleled growth sector in India – through SAP HANA, SAP’s breakthrough in-memory platform. Employees of SAP Labs India are working with students in the NLF’s network of colleges in three phases: Learning and Education, Ideation, and Building an Enterprise.
A key aspect of SAP’s CSR agenda is the focus on entrepreneurship by mentoring students, emerging and growth stage start-ups. These programs will help SAP achieve its mission of creating more economic opportunities in India.