XLRI to start "Social Entrepreneurship Trust"

From The Financial Express

Financial Express
Jamshedpur, Nov 12: Premier B-School XLRI is to start a ‘Social Entrepreneurship Trust' to train young aspiring people from the poor to start any enterprise.

Addressing the media here on Sunday, XLRI director, N Casamir Raj, expressed that the objectives of the trust is to develop entrepreneurs from the marginalised sections of the society such as the poor, the tribals, etc and also to help the tribals by imparting higher education.

The trust will support social entrepreneurial ventures as well as research, teaching and consultancy in the field. The idea of starting the centre was mooted last year. However, delay in taking the decision by the Jharkhand government, which had initially given its assent to being a partner in the project, had led to its postponement till now.

According to Bushen Raina, president, XLRI Alumni Association, money would not be a problem for the trust to mobilise, as several alumni of the B-School, are serving around the globe in various capacities.

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NOTE: The Social Entrepreneurship Trust will be inaugurated during the Annual Alumni Homecoming (Nov 18-19, 2006) by Mr Francis Moloi, High Commissioner of South Africa.