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June 21, 2007

NEN signs an MOU with IIM Bangalore to expand its program on entrepreneurship faculty education

In a significant new development for faculty engaged in teaching entrepreneurship in India, the IIMB and NEN have come together in a strategic relationship to work together as partners in the NEN initiated Entrepreneurship Educators Course (EEC).

As part of this partnership, NEN will work closely with the Nadathur S Raghavan Centre for Entrepreneurial Learning at IIM Bangalore, a leading center for entrepreneurship and entrepreneurship education in Asia to bring important knowledge and skills to faculty participants, with the aim to launch a pool of world class entrepreneurship educators in India.

The Entrepreneurship Educators Course was originally launched by NEN in partnership with Stanford University’s Stanford Technology Ventures Program (STVP). As a result of the MOU, IIMB will now join NEN as a partner in EEC along with Stanford. The IIMB partnership will help provide critical input on overall EEC course design, content, teaching and certification, along with physical infrastructure.

Laura Parkin, Executive Director, NEN says, “NEN is delighted to be partnering with IIM B and Stanford, two of the world’s best institutes, to develop the Entrepreneurship Educators Course. Increasingly, young people are learning entrepreneurship while on campus. Therefore, faculty must be armed with the best global practices in entrepreneurship education, so that they can help prepare their students to make the most of today’s opportunities. The EEC fills a vital need in helping bring world class, innovative practices to help develop India’s entrepreneurship faculty.”

Over 80% of the faculty that enrolls in the EEC has never taught high growth entrepreneurship. The EEC, a rigorous foundation course has been specifically designed to address this need. The course that is amongst the leading faculty courses in Asia is designed to educate faculty to build comprehensive high impact entrepreneurship programs on their campuses. Currently the EEC is educating a pool over 250 faculty members from NEN institutes across 26 cities and towns in the country

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