EABS project ‘microSCOPE’ to benefit students and small vendorsMarch 10th, 2011 - 1:13 pm ICT by ANI
Pune, Mar 10 (ANI): The students of the Europe Asia Business School (EABS) have undertaken an unique project named “microSCOPE” as part of the institution’s philosophy of innovative management education and corporate social responsibility.
The project is being done in association with Young Indians and the World Entrepreneurship Forum and will keep in mind the National Policy on Urban Street Vendors, 2009, which recognizes street vendors as an integral and legitimate part of the urban retail trade and distribution system.
Forty-four PGPM students of EABS have adopted a small or a micro business, which they will be observing very closely in order to get an insight into the functioning of the business.
The micro business enterprise chosen by the students are quite diverse in nature like wada-pav vendor, florist, small grocery store, tapri, juice vendor, etc. On March 8, 2011, students were manning their posts with vendors from the opening hours till closing time.
The objective of the entire program is to provide mutual benefits to both the students and the small vendors. Since all of these micro-entrepreneurs largely operate in unorganized sectors, they have huge potential of growth and improvement.
However, these businesses have been neglected and overlooked by upcoming entrepreneurs
Chandresh Sampat, the General Manager of Brand Capital Times Group and co-chair of Young Indians, and Monika Trivedi, ex-president of Young Indians, were invited as chief guests. They along with the Director of EABS and member of World Entrepreneurship Forum, Dr. Nikhil Agarwal, addressed issues that came up while interacting with the ‘micro-CEOs’.
Appreciating the efforts of students, Sampat was of the view that there was a lot of potential in the activity and that students could actually work as consultants pro-bono.
Dr. Agarwal said, “The future of the nation will be driven by micro-organizations and it is important that they change and adapt to the needs of the hour.”
This project is an attempt by EABS students to help society and try and bring change at the bottom of the pyramid. Twenty businesses were employed last year and 44 will be helped this year. (ANI)
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Tags: asia business, business enterprise, capital times, closing time, corporate social responsibility, distribution system, entrepreneurship forum, europe asia, innovative management, management education, micro business, micro entrepreneurs, nikhil, pav, retail trade, street vendors, times group, trivedi, urban street, wada