PM Yuva Entrepreneurship Program [English]
Pradhan Mantri Yuva Yojana
Pradhan Mantri Yuva Yojana is a flagship scheme under the Ministry of Skill Development and Entrepreneurship. PM Yuva endeavours to create jobs through entrepreneurship education, training, capacity building, mentoring and handholding. Skilling in specific trades does not ensure entrepreneurial competence amongst the trainees. Thus, to complete the cycle, it is imperative for skilling and entrepreneurship to work in tandem with each other.
Accelerate job creation by providing end to end entrepreneurship education, hand-holding and mentoring support to potential and existing entrepreneurs who aspire to start or scale- up their existing enterprises.
To promote entrepreneurship as an alternate career choice and enable sustained long-term mentoring support through the journey to potential and early-stage entrepreneurs.
The overall objective of the scheme is to create an enabling ecosystem for entrepreneurship development through entrepreneurship education & training, advocacy, and easy access to entrepreneurship network, with focus on student/ trainees and alumni from the skilling ecosystem.
The specific objectives of the Scheme are as follows:
a. Entrepreneurship Awareness and Mobilization: To create awareness about entrepreneurship as a career option.
b. Entrepreneurship Education and Training: To provide entrepreneurship education and training within the skilling ecosystem to assist the potential and existing entrepreneurs in setting up (scaling up their enterprises).
c. Mentoring and Handholding: Provide handholding and mentoring support to potential and existing entrepreneurs through Nodal E- Hubs and pro-bono mentors.
d. Events and Awards: Create opportunities and platforms through events, awards and recognition.